420 N Gilbert St, Iowa City, IA 52240
420 N Gilbert St, Iowa City, IA 52240
420 N Gilbert St, Iowa City, IA 52240
420 N Gilbert St, Iowa City, IA 52240
420 N Gilbert St, Iowa City, IA 52240
420 N Gilbert St, Iowa City, IA 52240
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$ 425,000
Est. payment | /mo

7 Beds

4 Baths

2,489 SqFt


Save
$ 425,000
Est. payment | /mo
Save

7 Beds

4 Baths

2,489 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,489 sqft

Price per Sqft $170

Subdivision Ic Original Town

MLS Listing ID 202506829

Style Two Stories

Bedrooms 7

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 2,489

Year Built 1900

Annual Tax Amount $7,944

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 80 x 55

Property Sub-Type Income Investment

Property Description

Two story rental house containing four dwelling units. Basement, first floor, and second floor are all two- bedroom units. Attic is an efficiency unit. All units are rented through the 25-26 school year. Current rents total $3825 but will increase to $4000 starting Aug 1, 2026. Leased until August 2027. Tenant rights apply.

Location

State IA

County Johnson

Zoning RNS12 OHD

Direction Located on the 400 block of N Gilbert between Davenport and Fairchild.

Rooms

Basement Full, Finished

Interior

Interior Features Other, Breakfast Area

Heating Forced Air, Natural Gas

Cooling Wall Window Units

Flooring Carpet, Wood, Vinyl

Fireplaces Type None

Appliance Dryer, Range Or Oven, Refrigerator, Washer

Laundry Lower Level

Exterior

Exterior Feature Front Porch

Parking Features Parking Pad

Community Features Close To School, Close To Shopping, Sidewalks, Street Lights

Utilities Available City Sewer, City Water

Total Parking Spaces 4

Building

Lot Description Less Than Half Acre

Structure Type Composit,Wood,Frame

New Construction No

Schools

Elementary Schools Mann

Middle Schools Southeast

High Schools City

Others

HOA Fee Include None

Tax ID 1010157009

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Lepic-Kroeger, REALTORS

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Diana Salazar
Diana Salazar

Agent | License ID: S67677000

+1(319) 722-1022

2530 Corridor Way Suite 202, Caralville, Iowa, 52241, United States

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420 N Gilbert St