121 S Governor Street, Iowa City, IA 52240

Iowa City
Local realty services provided by:Graf Real Estate ERA Powered
121 S Governor Street,Iowa City, IA 52240
$244,900
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 864 sq. ft.
  • Single family
  • Active
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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1952
  • Listing ID #:2600866
  • Added:180 day(s) ago
  • Updated:July 30, 2026 at 04:04 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

New listings near 121 S Governor Street