409 S 7th Avenue, Iowa City, IA 52245
Local realty services provided by:CENTURY 21 Signature Real Estate
Listed by: mike graf-graf home selling team
Office: graf real estate, era powered
MLS#:2605494
Source:IA_CRAAR
Price summary
- Price:$299,950
- Price per sq. ft.:$174.29
About this home
Welcome to this charming and well-located property in the heart of Iowa City right on a corner lot! This split-level home offers a unique investment or owner-occupant opportunity, currently split into two rentable units. A 2-bedroom 1-bathroom unit is located on the upper level. There is a one-bedroom/studio unit layout in the lower level. A one stall attached garage provides easy access to the lower-level unit, while the front door will easily take you to the upper unit. Each level has their own in-unit laundry and appliances. There is an additional one-stall garage that can be used as a workshop or storage unit, conveniently located on the neighboring lot with plenty of room for driveway parking and even gardening or entertaining with a spacious and manageable yard. Each unit is currently tenant occupied on a month-to-month lease, making this an excellent opportunity to expand your investment portfolio while making instant cash flow. This home can also easily be converted back into a home for owner occupancy. You could even live in one unit while renting out the other, making this versatile property full of potential! Just minutes from downtown, parks, and the University of Iowa, the location provides strong rental appeal with easy access to shopping, dining, and entertainment. Each unit offers comfortable living spaces, functional layouts, and great natural light, making it ideal for tenants or multi-generational living....
Contact an agent
Home facts
- Year built:1992
- Listing ID #:2605494
- Added:38 day(s) ago
- Updated:September 11, 2026 at 03:50 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:1,721 sq. ft.
Heating and cooling
- Heating:Gas
- Central air:Yes
Structure and exterior
- Year built:1992
- Building area:1,721 sq. ft.
- Lot area:0.02 Acres
- Construction Materials:Frame
- Exterior Features:Fence, Patio
Schools
- High school:City
- Middle school:Southeast
- Elementary school:Longfellow
Utilities
- Water:Public
Finances and disclosures
- Price:$299,950
- Price per sq. ft.:$174.29
- Tax amount:$4,680
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Parking description:Attached, Detached, Garage
- Garage:Yes
- Garage spaces:2
New listings near 409 S 7th Avenue
- New
$580,000Active4 beds 3 baths3,250 sq. ft.3406 Kearney Lane, Iowa City, IA 52246
MLS# 2606379Listed by: LEPIC-KROEGER, REALTORS - New
$699,000Active4 beds 4 baths3,479 sq. ft.74 Rita Lyn Ct, Iowa City, IA 52245
MLS# 202605499Listed by: EDGE REALTY GROUP - Open Sun, 4 to 5:30pmNew
$390,000Active3 beds 2 baths2,036 sq. ft.1417 Oakcrest Avenue, Iowa City, IA 52246
MLS# 2606352Listed by: REALTY87 - New
$895,000Active3 beds 4 baths3,205 sq. ft.10 Oakridge Ave, Iowa City, IA 52246
MLS# 202605492Listed by: BLANK & MCCUNE REAL ESTATE - New
$809,900Active6 beds 4 baths3,938 sq. ft.1270 Swisher St, Iowa City, IA 52245
MLS# 202605479Listed by: LEPIC-KROEGER, REALTORS - New
$3,500,000Active25 Acres25 Acres m/l on E Foster Rd, Iowa City, IA 52245
MLS# 202605484Listed by: EDGE REALTY GROUP - New
$300,000Active-- beds -- baths931 Dewey St, Iowa City, IA 52240
MLS# 202605473Listed by: AFFINITY REAL ESTATE SERVICES - New
$720,000Active6 beds 3 baths3,583 sq. ft.304 Brown Street, Iowa City, IA 52245
MLS# 202605474Listed by: BLANK & MCCUNE REAL ESTATE - New
$619,000Active5 beds 4 baths2,957 sq. ft.112 Sedona St, Iowa City, IA 52246
MLS# 202605476Listed by: REAL BROKER LLC - New
$259,000Active-- beds -- baths507 Kimball Rd, Iowa City, IA 52246
MLS# 202605470Listed by: AFFINITY REAL ESTATE SERVICES