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413/419 Johnson Street, Iowa City, IA 52240

MLS Number: 2509719   |   Subtype: Residential   |   Area: Iowa City/Coralville
$ 2,750,000
Prime Downtown Iowa City 3-building portfolio with 27 units + 4 storage units on 0.63 acres. Mix of 1–3 bedroom apartments with in-unit appliances, LVP/carpet floors, and wall AC. Includes 34 reserved parking spaces. Just 2 blocks from The University of Iowa, ensuring strong rental demand. Rented by unit, 95% occupancy, offering stable cash flow and potential for rent growth. Portfolio includes 413 & 419 S Johnson Street and 430 S Van Buren St., Iowa City IA

Property

  • County: Johnson
  • Lot Size: .621 Acre
  • Acres: 0.6210
  • Year Built: 1967
  • Zoning: RM44
  • Gross tax: $52,234.00

Building

Total Building SF: 21,209

Utilities

Heating/Cooling: Electric Heat, Gas Heat, Hot Water Heat, Central Air
Water Source: City Water
Sewer: City Sewer

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