Contact us: 563.441.1776
Description
Excellent investment opportunity in this well-maintained 12-unit multi-family property located on the east side of Iowa City. 2-bed, 1-bath condos with a history of reliable tenancy, this property is perfect for investors looking to expand their portfolio. All furnaces and A/Cs were replaced in May 2022. The units offer practical layouts, making them suitable for a variety of renters. Situated in a convenient location off of Court Street, it's close to schools, public transportation, and local amenities. This property is poised for consistent demand. This is a fantastic chance to own a multi-family property with a strong rental market.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Johnson
High School: City
Subdivision: Court Hill Condominums
Listed By:
Westwinds Real Estate Services, Inc.
319-354-3792
Teague Case
ICAAR MLS
MLS ID: 202602507
Units
Unit 1:
Bedrooms: 2
Baths Full: 1
Rent: $1075.00
Unit 2:
Bedrooms: 2
Baths Full: 1
Rent: $1095.00
Unit 3:
Bedrooms: 2
Baths Full: 1
Rent: $1075.00
Unit 4:
Bedrooms: 2
Baths Full: 1
Rent: $1050.00
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429-451 S Scott Boulevard, Iowa City, IA 52245.
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563-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,295,000 | $1,295,000 | $1,295,000 |
| Down Payment | $45,325 | $0 | $259,000 |
| Monthly Mortgage Amount | $7,726 | $8,038 | $6,295 |
| Taxes | $1802 | $1802 | $1802 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $777 | $0 | $0 |
| Monthly Estimated Total | $10,683 | $10,218 | $8,475 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/14/2026. The listing information on this page last changed on 04/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/14/2026 12:00:24 AM EST) or MRED MLS (last updated Mon 04/13/2026 11:57:59 PM EST) or SCWMLS (last updated Mon 04/13/2026 11:54:41 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/13/2026 10:15:23 PM EST) or Cedar Rapids MLS (last updated Mon 04/13/2026 10:44:15 PM EST) or NEIRBR MLS (last updated Mon 04/13/2026 11:58:43 PM EST) or ICAAR MLS (last updated Mon 04/13/2026 11:37:30 PM EST) or ECIMLS (last updated Mon 04/13/2026 11:44:13 PM EST) or RMLSA (last updated Mon 04/13/2026 11:50:59 PM EST) or Muscatine MLS (last updated Mon 04/13/2026 11:45:25 PM EST) or No Coast MLS (last updated Mon 04/13/2026 11:54:20 PM EST). Real estate listings held by brokerage firms other than Ruhl & Ruhl Careers may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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