Four 1 bed 1 bath units in main house plus a carriage house with 2 beds and 1 bath. Total rents are $4750 for the 24-25 rental term, increasing to $4955 for the 25-26 term. Annual income is $57,000, expenses are 32% at $18405 and NOI is $38595 giving a 7.6% CAP rate. Great location, just one block from College Green Park.
For sale
$510,000
803 E College St, Iowa City, IA 52240
6beds
3,020sqft
Est.:
Income Investment, Residential
Built in 1900
7,840.8 Square Feet Lot
$-- Zestimate®
$169/sqft
$-- HOA
What's special
- 53 days
- on Zillow |
- 325 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 03:00am
Listed by:
Jeff Edberg 319-331-6187,
Lepic-Kroeger, REALTORS,
Carmen Krueger 319-330-4927,
Lepic-Kroeger, REALTORS
Source: Iowa City Area AOR,MLS#: 202504118

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Steam
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator
- Laundry: Other
Features
- Other, Breakfast Area
- Flooring: Carpet, Wood, Vinyl
- Basement: Full,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,020
- Total interior livable area: 3,020 sqft
- Finished area above ground: 3,020
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Exterior features: Other
Lot
- Size: 7,840.8 Square Feet
- Dimensions: 110 x 70
- Features: Less Than Half Acre
Details
- Parcel number: 1010482005
- Zoning: RNS20 OHD
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Income Investment, Residential
Materials
- Wood, Composit, Frame
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Near Shopping, Close To School
- Subdivision: IC Original Town
HOA
- Services included: None
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $430,970
- Annual tax amount: $8,108
- Date on market: 6/20/2025
- Listing terms: Cash
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