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516 Church, Iowa City, IA 52240

Iowa City
Local realty services provided by:CENTURY 21 Signature Real Estate
516 Church,Iowa City, IA 52240
$550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: teresa morrow
Office: blank & mccune real estate
MLS#:202602686
Source:IA_ICAAR

Price summary

  • Price:$550,000

About this home

Currently partially vacant but supported by an excellent rental history, this close-in property offers strong income potential and flexible use. Originally a single-family home, it has been converted into three 1-bedroom apartments along with six efficiency units off the alley, creating a total of nine rentable units. The location is highly desirable, providing convenient access to nearby amenities, transit, and the university. The property also features ample on-site parking, a valuable asset for tenants and a competitive advantage in the rental market. Great for an investor seeking a value-add opportunity or looking to expand their portfolio with a well-located multi-unit building. This property delivers both long-term potential and value.

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Home facts

  • Year built:1970
  • Listing ID #:202602686
  • Added:2 day(s) ago
  • Updated:April 23, 2026 at 12:43 AM

Structure and exterior

  • Year built:1970
  • Construction Materials:Frame

Schools

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

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$550,000
  • Tax amount:$11,474

Parking

  • Total parking spaces:4

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