409 S 7th Avenue, Iowa City, IA 52245
Local realty services provided by:Graf Real Estate ERA Powered
Listed by:
- Michael Graf(319) 981 - 3702Graf Real Estate ERA Powered
MLS#:2602376
Source:IA_CRAAR
Price summary
- Price:$309,950
- Price per sq. ft.:$270.46
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 #:2602376
- Added:1 day(s) ago
- Updated:April 08, 2026 at 02:57 PM
Rooms and interior
- Total bathrooms:2
- Basement:Yes
- Basement Description:Full
- Living area:1,146 sq. ft.
Heating and cooling
- Heating:Gas
- Central air:Yes
Structure and exterior
- Year built:1992
- Building area:1,146 sq. ft.
- Lot area:0.02 Acres
- Construction Materials:Frame
- Exterior Features:Deck, Patio
Schools
- High school:City
- Middle school:Southeast
- Elementary school:Longfellow
Utilities
- Water:Public
Finances and disclosures
- Price:$309,950
- Price per sq. ft.:$270.46
- Tax amount:$4,680
Features and amenities
- Amenities:Storage
Parking
- Total parking spaces:3
- Garage:Yes
New listings near 409 S 7th Avenue
- New
$669,000Active6 beds 3 baths3,126 sq. ft.2969 Good Earth Place, Iowa City, IA 52240
MLS# 2602396Listed by: EDGE REALTY GROUP, INC - New
$450,000Active4 beds 4 baths2,405 sq. ft.249 Arlington Drive, Iowa City, IA 52245
MLS# 2602390Listed by: EDGE REALTY GROUP, INC - New
Listed by ERA$309,950Active-- beds 2 baths1,146 sq. ft.409 S 7th Avenue, Iowa City, IA 52245
MLS# 2602376Listed by: GRAF REAL ESTATE, ERA POWERED
$520,000Pending4 beds 3 baths2,353 sq. ft.22 Fairview Knoll Ne, Iowa City, IA 52240
MLS# 2602245Listed by: URBAN ACRES REAL ESTATE CORRIDOR- Open Thu, 4:30 to 6pmNew
$329,900Active3 beds 2 baths1,726 sq. ft.1718 Highland Avenue, Iowa City, IA 52240
MLS# 2602150Listed by: LEPIC-KROEGER, REALTORS
$525,000Pending4 beds 3 baths3,306 sq. ft.1404 Santa Fe Drive, Iowa City, IA 52246
MLS# 2602228Listed by: SKOGMAN REALTY- New
$300,000Active5 beds 2 baths1,278 sq. ft.654 S Lucas Street, Iowa City, IA 52240
MLS# 2602209Listed by: LEPIC-KROEGER, REALTORS
$135,000Pending2 beds 1 baths853 sq. ft.86 Westside Drive #86, Iowa City, IA 52246
MLS# 2602220Listed by: RE/MAX CONCEPTS- New
$234,000Active2 beds 3 baths1,607 sq. ft.6 Ashford Place, Iowa City, IA 52245
MLS# 2602204Listed by: LEPIC-KROEGER, REALTORS - New
$1,300,000Active-- beds -- baths2502 Highway 1 Sw, Iowa City, IA 52240
MLS# 2602203Listed by: HERTZ REAL ESTATE SERVICE