732,736,740 Michael Street, Iowa City, IA 52246

Iowa City
Local realty services provided by:Graf Real Estate ERA Powered
732,736,740 Michael Street,Iowa City, IA 52246
$3,650,000
  • - Beds
  • - Baths
  • 16,128 sq. ft.
  • Multi-family
  • Active
Listed by: matthew lepic
Office: lepic-kroeger, realtors
MLS#:2407186
Source:IA_CRAAR

Price summary

  • Price:$3,650,000
  • Price per sq. ft.:$226.31

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 #:2407186
  • Added:527 day(s) ago
  • Updated:March 19, 2026 at 04:01 PM

Rooms and interior

  • Living area:16,128 sq. ft.

Structure and exterior

  • Year built:1971
  • Building area:16,128 sq. ft.
  • Lot area:1.05 Acres
  • Construction Materials:Frame

Schools

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

Finances and disclosures

  • Price:$3,650,000
  • Price per sq. ft.:$226.31
  • Tax amount:$49,362

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