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10-plex on the west side of Iowa City with a strong rental history and consistently low vacancy. Functional unit layouts, ample off-street parking, and a desirable location near shopping, transit, and UIHC make this an attractive, easy-to-rent asset. Current ownership has maintained steady occupancy, offering reliable in-place income with upside potential. Opportunity exists to increase NOI through implementation of a RUBS utility reimbursement program and/or leasing on-site storage lockers for additional monthly income. Solid cash-flowing investment with value-add components in a stable rental corridor. Ideal for investors seeking scale, stability, and room to grow returns over time.
| DAYS ON MARKET | 2 | LAST UPDATED | 3/3/2026 |
|---|---|---|---|
| TRACT | Hawkeye Heights | YEAR BUILT | 1980 |
| COMMUNITY | IowaCity | COUNTY | Johnson |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Borlaug |
|---|---|
| Jr. High School | Northwest |
| High School | West |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
| AREA | IowaCity |
| BASEMENT | Concrete, Daylight, Partial, Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Baseboard |
| HOA DUES | Annually |
| LOT DIMENSIONS | Irr -0.79 Acres |
| PARKING | Off Street |
| SEWER | Public Sewer |
| SUBDIVISION | Hawkeye Heights |
| TAXES | 13546 |
| 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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