Contact us: 563.441.1776
Description
Front/back duplex investment opportunity just east of downtown Iowa City, minutes from the University of Iowa campus. Built in 1900, the property (2,471 SF) includes one 4BR/3BA unit and one 3BR/2BA unit on a 0.155-acre lot. Proforma NOI of $39,427 on a 5.44% cap rate. Strong, consistent rental demand in one of Iowa’s most established rental markets. Close to campus, University of Iowa Health Care, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 2,471
County: Johnson
High School: City
Listed By:
Skogman Realty Co
Tiffany Earl Williams-WSG CRE
319-363-8286
Cedar Rapids MLS
MLS ID: 2604997
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619 E Burlington Street, Iowa City, IA 52240.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $725,000 | $725,000 | $725,000 |
| Down Payment | $145,000 | $25,375 | $181,250 |
| Monthly Mortgage Amount | $3,810 | $4,676 | $4,662 |
| Taxes | $1009 | $1009 | $1009 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $319 | $0 |
| Monthly Estimated Total | $5,030 | $6,215 | $5,882 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/05/2026. The listing information on this page last changed on 11/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 11/05/2026 12:00:20 AM EST) or MRED MLS (last updated Wed 11/04/2026 7:06:34 AM EST) or SCWMLS (last updated Wed 11/04/2026 11:55:08 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 11/04/2026 10:16:41 PM EST) or Cedar Rapids MLS (last updated Wed 11/04/2026 10:44:21 PM EST) or NEIRBR MLS (last updated Wed 11/04/2026 11:58:43 PM EST) or ICAAR MLS (last updated Wed 11/04/2026 11:37:42 PM EST) or ECIMLS (last updated Wed 11/04/2026 11:44:35 PM EST) or RMLSA (last updated Wed 11/04/2026 11:50:58 PM EST) or Muscatine MLS (last updated Wed 11/04/2026 11:45:25 PM EST) or No Coast MLS (last updated Wed 11/04/2026 11:54:23 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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