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320 2nd St, Coralville, IA 52241

Coralville
Local realty services provided by:CENTURY 21 Signature Real Estate
320 2nd St,Coralville, IA 52241
$6,450,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jeff edberg, carmen krueger
Office: lepic-kroeger, realtors
MLS#:202601037
Source:IA_ICAAR

Price summary

  • Price:$6,450,000

About this home

"Pride of pocketbook" with genuine upside income potential. The Iowa Lodge is both a short term rental and commercial rental property. The short term rentals consist of 80-studio/1 bedroom units, 2, two-bedroom units and a single 3-bedroom unit. Most of the residential units are in the wrap around building to the south, the rear of the property. The management office is on part of the first floor of the north property but the balance of about 3,500 feet is vacant commercial property in need of a tenant. There is also 1,000 feet on the second floor of the north building that is a commercial suite sitting vacant. A buyer can take a fresh look at the property and create new income streams from the vacant commercial property. The residential portion of the property serves an important low income sector of the Coralville market and maintains high occupancy levels. The property is also in a developing area to both the west and the east and has a secondary value as a future...

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Home facts

  • Year built:1963
  • Listing ID #:202601037
  • Added:55 day(s) ago
  • Updated:April 03, 2026 at 03:04 PM

Structure and exterior

  • Year built:1963
  • Construction Materials:Brick, Frame

Schools

  • High school:City
  • Middle school:Southeast
  • Elementary school:Lincoln

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$6,450,000
  • Tax amount:$30,748

Parking

  • Total parking spaces:4

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