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230 S Dodge Street

Iowa City, IA 52240
  • $625,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 2604993
UPDATED: 35 min ago
$625,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,557
    SQFT
  • $244
    $/SQFT
Neighborhood:
Iowa City/Coralville
Type:
Multi-Family
Built:
1900
County:
Johnson
Area:
Iowa City/Coralville

School Information

Elementary School:
Longfellow
Middle School:
Southeast
High School:
City
School Ratings & Info

Description

Charming up/down duplex investment opportunity just blocks from the University of Iowa and downtown Iowa City. Built in 1900, this classic 2-unit property (2,557 SF) sits on a 0.165-acre lot in one of Iowa's most established rental markets. Proforma NOI of $37,567 on a 6.01% cap rate. Walkable to campus, UI Health Care, City Park, and the Pedestrian Mall district. Strong, consistent rental demand from students, faculty, and healthcare professionals.

Monthly Payment Calculator

© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-08-12T09:42:36.97.
www.cedarrapidsareahomes.com/homes/178780406
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230 S Dodge Street Iowa City, IA 52240

  • Price: $625,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 35 min ago
  • MLS #: 2604993
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,557
SQFT
$244
$/SQFT
1900
Built
Neighborhood:
Iowa City/Coralville
County:
Johnson
Area:
Iowa City/Coralville
Elementary School:
Longfellow
Middle School:
Southeast
High School:
City
Property Description
Charming up/down duplex investment opportunity just blocks from the University of Iowa and downtown Iowa City. Built in 1900, this classic 2-unit property (2,557 SF) sits on a 0.165-acre lot in one of Iowa's most established rental markets. Proforma NOI of $37,567 on a 6.01% cap rate. Walkable to campus, UI Health Care, City Park, and the Pedestrian Mall district. Strong, consistent rental demand from students, faculty, and healthcare professionals.
Exterior Features

Construction Materials Aluminum Siding Frame Parking Features Parking Space(s)

Interior Features

Basement Full Basement YN Yes Cooling Central Air Cooling YN Yes Heating Electric Gas Heating YN Yes

Property Features

Listing Terms Cash Conventional Possession Close Of Escrow Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 9552 Tenant Pays Electricity Gas Water Source Public Zoning Res Zoning Description Res

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tiffany Earl Williams-Wsg Cre of SKOGMAN REALTY COMMERCIAL: 319-363-8286.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-08-12T09:42:36.97.
 
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