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1928 F Street Iowa City, IA 52240 Multi Unit - Multiple Active

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  • 1928 F Street, Unit & 1929, Iowa City, IA 52240 Main Photo

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Description

Turnkey up/down duplex with separate entrances on opposite sides of the building, addressed as 1928 F St. and 1929 Muscatine Ave. Professionally managed and well-maintained, this property offers an excellent opportunity for investors or owner-occupants. Both units feature separate utilities, central air and heat, in-unit laundry, and ample off-street parking. The 1928 F St. unit was recently refreshed with brand new interior paint and carpet, making it clean and truly move-in ready. Both units include solid wood interior doors, wood window blinds, good natural light, and comfortable living spaces. These updates make the property particularly appealing for an owner-occupant who wishes to live in one unit while generating rental income from the other. A major renovation around 2018 included approximately $90,000 inimprovements. Exterior upgrades included Everlast insulated siding, new windows with aluminum-wrapped trim, and new downspouts. Major infrastructure updates included a complete PVC sewer line replacement to the city manhole with exterior clean-out, a new water main and shutoff valve, all new electrical wiring, dual electric meters with underground service, and upgraded electrical panels.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Johnson
High School: City
Subdivision: East Iowa City
Listed By:
Westwinds Real Estate Services, Inc. 319-354-3792 Teague Case
ICAAR MLS

Units

Unit 1:
Bedrooms: 2
Baths Full: 1
Rent: $1750.00
Unit 2:
Bedrooms: 2
Baths Full: 1
Rent: $1350.00
$404,730
Est. $2,622/mo
4beds
2baths
New to the Market Active
BEDS4 BATHS2 full MLS#202603118
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEast Iowa City

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Ruhl & Ruhl Careers
563.441.1776

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1928 F Street, Unit & 1929, Iowa City, IA 52240.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $404,730$404,730$404,730
Down Payment $80,946$14,166$101,183
Monthly Mortgage Amount $1,941$2,383$2,500
Taxes $563$563$563
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$178$0
Monthly Estimated Total $2,622$3,242$3,181

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