504 Second AVE, Coralville, IA 52241
504 Second AVE, Coralville, IA 52241
504 Second AVE, Coralville, IA 52241
504 Second AVE, Coralville, IA 52241
504 Second AVE, Coralville, IA 52241
504 Second AVE, Coralville, IA 52241
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JJ Johannes

JJ Johannes

+1(319) 540-1002
$ 1,150,000
Est. payment | /mo

4,488 SqFt

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$ 1,150,000
Est. payment | /mo
Save Virtual Tour

4,488 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,488 sqft

Price per Sqft $256

MLS Listing ID 2605069

HOA Y/N No

Total Fin. Sqft 4488

Year Built 1983

Annual Tax Amount $5,446

Property Sub-Type Multi Family

Property Description

Exceptional investment opportunity to acquire a portfolio of income-producing properties in Coralville and Tiffin. Properties may be purchased individually or together as a bundled investment package, offering flexibility for investors of all sizes. This package includes 805/807 20th Ave, a well-maintained duplex in a convenient location near downtown Coralville featuring a new HVAC system installed in 2025; 504 2nd Ave, a well-maintained 6-unit multifamily property with an excellent rental history, ideally located near Iowa River Landing, University of Iowa Hospitals & Clinics, Kinnick Stadium, restaurants, coffee shops, bus lines, and major interstates; and 530 and 534 in Tiffin, attached condos featuring cozy gas fireplaces in one of the Corridor's fastest-growing communities. Whether you're expanding an existing portfolio or looking for a turnkey investment with diversified rental income, this rare offering provides desirable locations, established rental history, and outstanding long-term investment potential.

Location

State IA

County Johnson

Area Iowa City/Coralville

Interior

Interior Features InteriorFeatures

Heating Hot Water

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Water Access Desc Public

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Vinyl Siding

Schools

Elementary Schools Central

Middle Schools Northwest

High Schools West

Others

Tax ID 1005453003

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2605069

Listed by LEPIC-KROEGER, REALTORS
JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

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504 Second AVE