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717/719 E Jefferson Street Iowa City, IA 52246 Multi Unit - Multiple Active

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Description

Front/back duplex investment opportunity just east of downtown Iowa City, within walking distance of the University of Iowa campus. Built in 1915, the property (2,975 SF) includes one 5BR/2BA unit and one 5BR/3BA unit on a 0.138-acre lot. Proforma NOI of $58,623 on a 6.90% cap rate. Strong, consistent rental demand in one of Iowa's strongest markets. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 2,975
County: Johnson
High School: City
Listed By:
SKOGMAN REALTY COMMERCIAL Tiffany Earl Williams-WSG CRE 319-363-8286
Cedar Rapids MLS
$850,000
Est. $5,673/mo
2,975sqft
Active
BEDS0 BATHS SQUARE FEET2,975 MLS#2604992
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Get in Touch

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Shown By

Agent Name: Jennifer Peters
Agent Phone: (563) 723-1128
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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717/719 E Jefferson Street, Iowa City, IA 52246.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $850,000$850,000$850,000
Down Payment $170,000$29,750$212,500
Monthly Mortgage Amount $4,242$5,139$5,294
Taxes $1183$1183$1183
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$374$0
Monthly Estimated Total $5,673$6,944$6,725

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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 07/23/2026. The listing information on this page last changed on 07/23/2026. 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 07/23/2026 5:57:19 PM EST) or MRED MLS (last updated Thu 07/23/2026 5:47:51 PM EST) or SCWMLS (last updated Thu 07/23/2026 5:47:49 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 07/23/2026 5:10:41 PM EST) or Cedar Rapids MLS (last updated Thu 07/23/2026 5:55:03 PM EST) or NEIRBR MLS (last updated Thu 07/23/2026 5:49:07 PM EST) or ICAAR MLS (last updated Thu 07/23/2026 5:47:45 PM EST) or ECIMLS (last updated Thu 07/23/2026 5:44:45 PM EST) or RMLSA (last updated Thu 07/23/2026 5:52:45 PM EST) or Muscatine MLS (last updated Thu 07/23/2026 5:45:37 PM EST) or No Coast MLS (last updated Thu 07/23/2026 5:54:48 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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