Investment Opportunity. Downtown Lone Tree building has been rebuilt/repurposed as three rental units. Main level has large 2,160 sqft apartment with 3 bedrooms and 2 bathrooms. Main level also has separate 720 sqft commercial use space that can be used as an office space or combined as additional space with the other main floor unit. 2 bedroom 2 bath 1,800 sqft unit in the lower level. Contact Listing Agent to schedule showings.
For sale
$385,000
201 N Devoe St, Lone Tree, IA 52755
--beds
--baths
5,040sqft
Est.:
Multi Family, Residential
Built in 2021
-- sqft lot
$382,000 Zestimate®
$76/sqft
$-- HOA
What's special
Lower levelOffice space
- 2 days
- on Zillow |
- 44 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 05:23pm
Listed by:
Teresa Morrow 319-530-6235,
Blank & McCune Real Estate,
Dan Bailey 319-344-0380,
Blank & McCune Real Estate
Source: Iowa City Area AOR,MLS#: 202504953

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Block,Finished,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,040
- Total interior livable area: 5,040 sqft
- Finished area above ground: 2,880
- Finished area below ground: 2,160
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Lot
- Size: 7,540 Square Feet
- Dimensions: 52 x 145
Details
- Parcel number: 1709401005
- Zoning: C-1 Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Frame
Condition
- Year built: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Lone Tree Original Town
Location
- Region: Lone Tree
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $270,100
- Annual tax amount: $3,628
- Date on market: 8/1/2025
- Listing terms: Cash,Conventional
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