121 S Governor Street, Iowa City, IA 52240
Local realty services provided by:CENTURY 21 Signature Real Estate
Listed by: gwen johnson
Office: skogman realty
MLS#:2600866
Source:IA_CRAAR
Price summary
- Price:$244,900
- Price per sq. ft.:$283.45
About this home
Investor alert. Well maintained two bedroom home in the heart of downtown Iowa City with a strong rental history. Currently leased through July 2027, with the potential for owner occupancy once the lease term expires. Rent is currently $1,400 and will increase to $1,650 starting 8/1/2026. The unfinished basement offers opportunity for future finished living space.
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Home facts
- Year built:1952
- Listing ID #:2600866
- Added:133 day(s) ago
- Updated:June 19, 2026 at 03:08 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:864 sq. ft.
Heating and cooling
- Heating:Gas
Structure and exterior
- Year built:1952
- Building area:864 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Ranch
- Construction Materials:Frame
- Exterior Features:Deck
- Levels:1 Story
Schools
- High school:City
- Middle school:Southeast
- Elementary school:Longfellow
Utilities
- Water:Public
Finances and disclosures
- Price:$244,900
- Price per sq. ft.:$283.45
- Tax amount:$2,956
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Parking description:Garage
- Garage:Yes
- Garage spaces:2
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