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This income-producing 12-unit apartment building offers a compelling opportunity for investors seeking stable cash flow and long-term value in the Iowa City market. Located on Aber Avenue, just minutes from shopping, dining, bus lines and interstate access, this property features updated interiors and an excellent track record of full occupancy. This property offers immediate cash flow and room for future upside. The location, straightforward mechanical systems, and tenant-paid utilities make it a practical and appealing option for both first-time multifamily buyers and experienced investors looking to add a stable asset to their portfolio.
| DAYS ON MARKET | 80 | LAST UPDATED | 8/26/2025 |
|---|---|---|---|
| TRACT | Bryn Mawr Heights Part 13 | YEAR BUILT | 1983 |
| COMMUNITY | IowaCity | COUNTY | Johnson |
| STATUS | Sold | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| AREA | IowaCity |
| BASEMENT | Concrete, Daylight, Full, Yes |
| CONSTRUCTION | Brick, Frame |
| HEAT | Baseboard |
| HOA DUES | Annually |
| LOT DIMENSIONS | 302x119 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| SUBDIVISION | Bryn Mawr Heights Part 13 |
| TAXES | 15878 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Teague Case, Westwinds Real Estate Services, Inc.
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