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521 E College St

Iowa City IA 52240

3240 sq. ft.
0.17 ac.
Multi-Family
Currently for sale - view listing

Overview

Here's the condensed MLS remarks for 521 E College Street: MLS Remarks (Long Version - ~700 characters) Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1890, this residence offers 8 bedrooms and 4 baths across 3,240 SF on a 0.172-acre lot. Proforma NOI of $52,923 on a 6.92% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.

Features

3240 sq. ft. floor area
0.17 ac. lot size
Multi-Family

Property history for 521 E College St

2018
Sold
$385,000
11 Oct 2018

Happy sellers in Iowa City

95%
95% of sellers in Iowa City reported that their sale price either exceeded or met their price expectations.

Iowa City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Iowa City over the last 12 months.

Local market activity for multi families in Iowa City

In the last 12 months, 11 multi families similar to 521 E College St, have been sold.

This represents a 22% decrease in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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