Property Description

42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.

Features
: No
: No
: No
: No
: No
: No
: No
: No
: No
: No
: No
: No
: No
Address Map
IA
Johnson
Iowa City
52246
Michael
732,736,740
Street
0
E0° 0' 0''
N0° 0' 0''
Benton Street to Michael Street
MLS Addon
LEPIC-KROEGER, REALTORS
Matthew Lepic
$0
0 Sqft
$0
$0
$0
$0
0 Sqft
: No
0
: No
: No
0
Horn
West
lepicmatthew121
CLKCR
IRR
Northwest
Active
1016184003
: No
: No
: No
0
Click here
RES

732, 736, 740 Michael Street, Iowa City, Iowa 52246 - Residential For

732, 736, 740 Michael Street, Iowa City, Iowa 52246

16,128 Sqft
$4,000,000
Listing ID #2407186
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2407186
Price : $4,000,000
Square Footage : 16,128 Sqft
Year Built : 1971
Lot Area : 1.05 Acre
Property Sub Type : Multi Family
Status : Active
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent