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JJ Johannes

jj@thejohannesgroup.com +1(319) 540-1002

$ 1,150,000

Est. payment | -/mo

1 Bath

Save

$ 1,150,000

Est. payment | -/mo

Save

1 Bath

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Coralville (Original Town

MLS Listing ID 202604509

HOA Y/N No

Abv Grd Liv Area 2,244

Year Built 1983

Annual Tax Amount $5,446

Tax Year 2025

Lot Dimensions 9,255 SF

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

Zoning RES

Direction 1st Avenue in Coralville, turn west on 5th Street turn north on 2nd Avenue - 6 plex on your left.

Rooms

Basement Slab

Interior

Interior Features Kit Dining Rm Comb

Heating Baseboard, Steam

Cooling Window Units

Fireplaces Type None

Appliance Dishwasher, Range Or Oven, Refrigerator

Exterior

Exterior Feature Other

Parking Features Off Street

Community Features Sidewalks, Close To School, Close To Shopping

Utilities Available City Sewer, City Water

Total Parking Spaces 4

Building

Structure Type Vinyl,Brick,Frame

New Construction No

Schools

Elementary Schools Central

Middle Schools Northwest

High Schools West

Others

Tax ID 1005453003

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Lepic-Kroeger, REALTORS

NEARBY SCHOOLS & PROPERTIES

"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

504 2nd Ave Coralville, IA 52241