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255 Iowa Ave, IowaCity, IA 52240

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For Sale

$4,700,000

14,890 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $315.65
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

Sited on one of Iowa City's most iconic downtown streets, Vogel House, offers 24 fully leased rental units (20 studios and 4 loft penthouses). This property, architecturally designed by Neumann Monson Architects, is a rare opportunity to invest in a high-visibility asset with enduring value. Located in the heart of downtown Iowa City, directly across from public parking and within walking distance to the University of Iowa's main campus, Vogel House is ideally positioned for strong tenant demand. The four loft penthouses each have private balconies, enhancing the appeal of these rentals to prospective tenants. This complex offers elevator access, on-site common laundry, and a proven history of excellent rental performance.
MLS# 202405288

Courtesy Of Blank and McCune, The Real Estate Company

(319) 354-9440

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Dock, Disabled Access, Elevator
  • Appliances
    Microwave, Oven, Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Block, Concrete
  • Floor Covering
    Concrete

Map and Directions

Directions to 255 Iowa Ave, IowaCity, IA 52240

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(515) 963-1040
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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