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18 N Dodge Street Iowa City, IA 52245 Multi Unit - Multiple Active

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Description

Downtown Iowa City location! GREAT Investment opportunity! Conveniently close to U of Iowa campus, restaurants, and shopping. Converted home to 3 separate rental units. Dedicated parking in back of house with 5 + spots. Tenants responsible for all utilities except water ( owner pays). Washer and dryer in main floor common area. 24 hour notice for all showings- tenants rights. Valid rental permit for 2026-27 school year.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 3
County: Johnson
High School: City
Subdivision: Original Town
Listed By:
RE/MAX Affiliates 319-333-1213 Jay Goodman
ICAAR MLS

Units

Unit 1:
Bedrooms: 2
Baths Full: 1
Rent: $1350.00
Unit 2:
Bedrooms: 2
Baths 3/4: 1
Rent: $1100.00
Unit 3:
Bedrooms: 1
Baths 3/4: 1
Rent: $800.00
$325,000
Est. $2,111/mo
5beds
3baths
New to the Market Active
BEDS5 BATHS3 full MLS#202603210
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOriginal Town

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Ruhl & Ruhl Careers
563.441.1776

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18 N Dodge Street, Iowa City, IA 52245.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $325,000$325,000$325,000
Down Payment $65,000$11,375$81,250
Monthly Mortgage Amount $1,559$1,913$2,008
Taxes $452$452$452
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$143$0
Monthly Estimated Total $2,111$2,608$2,560

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