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732,736,740 Michael St., Iowa City, IA 52246

Iowa City
Local realty services provided by:CENTURY 21 Signature Real Estate
732,736,740 Michael St.,Iowa City, IA 52246
$3,650,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew lepic, nicole lepic
Office: lepic-kroeger, realtors
MLS#:202506132
Source:IA_ICAAR

Price summary

  • Price:$3,650,000

About this home

42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.

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Home facts

  • Year built:1971
  • Subdivision & Development:School Commissioners Sub
  • Listing ID #:202506132
  • Added:695 day(s) ago
  • Updated:September 11, 2026 at 03:49 PM

Structure and exterior

  • Year built:1971
  • Construction Materials:Frame

Schools

  • High school:West
  • Middle school:Northwest
  • Elementary school:Horn

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$3,650,000
  • Tax amount:$49,362

Parking

  • Total parking spaces:4

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