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Property Description

Prime 11-unit investment opportunity near the University of Iowa campus. This well-maintained building offers consistent rental demand and strong appeal to prospective tenants who want to live near downtown. 9 of 11 units feature updated luxury vinyl plank flooring. Residents enjoy a convenient on-site common laundry plus an individual locked storage space for each unit. Parking is a rare find near downtown - this property provides two spaces per unit, with the exception of Unit #1, which includes one space. The building is serviced by a central boiler system, simplifying utilities and upkeep. 632 S. Dodge presents an excellent chance to acquire a stable, income-producing asset in the heart of Iowa City.

Overview

Property Status
Sold
MLS ID
202506008
Property Type
Multi-Family
Year Built
1982

Features & Amenities

Neighborhood
Iowa City
Utilites
City Sewer, City Water
Parking
Off Street
Heat Type
Baseboard, Steam
Air Conditioning
Window Units
Appliances
Dishwasher, Dryer, Range Or Oven, Refrigerator, Washer
Elementary School
Longfellow
Middle School
Southeast
High School
City
Sales Price
$1,100,000
Real Estate Tax
$26,290/yr
Maintenance Fee
$11,500/mo
Zoning
RM44

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632 S Dodge Street Unit: 1-11

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for your interest in 632 S Dodge Street Unit: 1-11, IowaCity, IA 52240

632 S Dodge Street Unit: 1-11
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  • CallTim Conroy

    License #B60386000

    (319) 321-3679
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