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Excellent investment opportunity at 1328/1330 E Davenport Street in Iowa City! This fully occupied duplex offers immediate rental income with a combined $2,650 per month / $31,800 annually in gross rent. The upper unit features 2 bedrooms and 1 bathroom and rents for $1,300/month, while the lower unit offers 3 bedrooms and 1.5 bathrooms and rents for $1,350/month. Both units feature their own kitchens, with shared laundry and additional storage available in the basement. Outside, tenants can enjoy a fenced-in backyard situated on a 6,750-square-foot lot. The property offers 1,732 square feet of total living space and is conveniently located in a quiet residential neighborhood just minutes from downtown Iowa City. The property is currently fully occupied, providing a turnkey opportunity for an investor looking to add an established income-producing duplex to their portfolio. Landlord pays all utilities. With two rental income streams already in place and a desirable Iowa City location, this is a great opportunity for a buy-and-hold investor. Advanced notice required for tenants. Buyers to verify sq footage and schools.
| DAYS ON MARKET | 10 | LAST UPDATED | 9/10/2026 |
|---|---|---|---|
| TRACT | Unknown | YEAR BUILT | 1900 |
| COMMUNITY | IowaCity | COUNTY | Johnson |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Mann |
|---|---|
| Jr. High School | Southeast |
| High School | City |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dryer, Refrigerator, Washer |
|---|---|
| AREA | IowaCity |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Forced Air, Natural Gas |
| HOA DUES | Annually |
| INTERIOR | Other |
| LOT DIMENSIONS | 54x125 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | TwoStories |
| SUBDIVISION | Unknown |
| TAXES | 4998 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Bryant Nicholson, Affinity Real Estate Services
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