732,736,740 Michael St, Iowa City, IA 52246
Local realty services provided by:CENTURY 21 Signature Real Estate
Listed by: matthew lepic
Office: lepic-kroeger, realtors
MLS#:2606757
Source:IA_CRAAR
Price summary
- Price:$3,750,000
- Price per sq. ft.:$465.03
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
- Listing ID #:2606757
- Added:1 day(s) ago
- Updated:September 26, 2026 at 07:49 PM
Rooms and interior
- Living area:8,064 sq. ft.
Structure and exterior
- Year built:1971
- Building area:8,064 sq. ft.
- Lot area:1.05 Acres
- Construction Materials:Frame
- Foundation Description:Slab
Schools
- High school:West
- Middle school:Northwest
- Elementary school:Horn
Utilities
- Water:Public
Finances and disclosures
- Price:$3,750,000
- Price per sq. ft.:$465.03
- Tax amount:$51,506
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