409 S 7th Avenue, Iowa City, IA 52240
409 S 7th Avenue, Iowa City, IA 52240
409 S 7th Avenue, Iowa City, IA 52240
409 S 7th Avenue, Iowa City, IA 52240
409 S 7th Avenue, Iowa City, IA 52240
409 S 7th Avenue, Iowa City, IA 52240
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Diana Salazar

Diana Salazar

+1(319) 722-1022
$ 309,950
Est. payment | /mo

4 Beds

2 Baths

1,721 SqFt

Save
$ 309,950
Est. payment | /mo
Save

4 Beds

2 Baths

1,721 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,721 sqft

Price per Sqft $180

Subdivision Ridgewood

MLS Listing ID 202602308

Style Split

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,146

Year Built 1992

Annual Tax Amount $4,680

Tax Year 2024

Lot Dimensions 50 x 125

Property Sub-Type Single Family Residence

Property Description

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!

Location

State IA

County Johnson

Zoning Residential

Direction Corner of Court Street and 7th Avenue

Rooms

Basement Full

Interior

Interior Features Other, Dining Room Separate, Breakfast Bar

Heating Forced Air

Cooling Central Air

Flooring Carpet, Laminate

Fireplaces Type None

Appliance Dishwasher, Microwave, Range Or Oven, Refrigerator, Dryer, Washer

Exterior

Exterior Feature Outbuildings, Patio, Shed

Parking Features Attached Garage, Off Street

Community Features Sidewalks, Street Lights, On Bus Line

Utilities Available City Sewer, City Water

Total Parking Spaces 2

Building

Lot Description Less Than Half Acre

Structure Type Vinyl,Frame

New Construction No

Schools

Elementary Schools Longfellow

Middle Schools Southeast

High Schools City

Others

Tax ID 1014201001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Barkalow & Associates, Realtors

NEARBY SCHOOLS & PROPERTIES

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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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409 S 7th Avenue