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350 Cayman St, IowaCity, IA 52245

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For Sale

$1,250,000

930 sqft

Estimated Payment

$ 7,948 /mo.

6.65% APR for 30 yrs.
$18,344 in taxes
Change Loan Terms

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

  • $1,344.09
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

What an opportunity! Eight unit building that are condos - property tax savings and ability to sell individually! Built by owner in 1993 and managed by same. No sprinkler system and no fireplaces. Building has SIX total garages of varying sizes. Two would fit three cars. Many recent updates include: nearly all lights replaced in unit and halls with LED. All flooring in units have been replaced w/mostly tile and LVP. Units regularly painted. Stainless steel appliances added. Cabinet hardware replaced with brushed nickel. Decks repaired/stained, exterior doors replaced, HVAC serviced, all hall carpets cleaned, all deadbolts, lever passages, etc replaced with Schlage products and parking lot striped in 2023. All garage doors serviced in recent years. Roof replaced in 2010 and attic insulation added in 2022. Self-managed and easy to manage. Rental permit thru 1 OCT 2025 and all units rented thru July 2025.
MLS# 202500525

Courtesy Of Lepic-Kroeger, REALTORS

(319) 351-8811

Property Features

  • Age
    31-40 Years Old
  • Appliances
    Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Brick
  • Floor Covering
    Carpet, Tile, Vinyl

Map and Directions

Directions to 350 Cayman St, IowaCity, IA 52245
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $6,420
  • Property Taxes
    $1,528
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,948

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

Schools

Helen Lemme Elementary School

Grades KG-6 Public School


Iowa City, IA 52245 0.4 miles
3100 e washington st

339 total students
16:1 Student teacher ratio

South East Junior High School

Grades 7-8 Public School


Iowa City, IA 52240 1.2 miles
2501 bradford dr

816 total students
16:1 Student teacher ratio

City High School

Grades 9-12 Public School


Iowa City, IA 52245 1.2 miles
1900 morningside dr

1572 total students
15:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Robert Lucas Elementary School 0.6 miles Public PK-6 C
Willowwind School 0.7 miles Private PK-6
Herbert Hoover Elementary School 1.1 miles Public PK-6 B
Regina Catholic Education Center 1.3 miles Private PK-12
Regina Catholic Education Center 1.3 miles Private PK-12
Elizabeth Tate Alternative High School 1.4 miles Public 9-12 D-
Longfellow Elementary School 1.8 miles Public KG-6 C+
Mark Twain Elementary School 1.9 miles Public PK-6 D
Grant Wood Elementary School 2 miles Public KG-6 D
Herbert Hoover Elementary School 2.1 miles Public PK-6
Faith Academy 2.3 miles Private KG-6
Horace Mann Elementary School 2.3 miles Public PK-6 B-
Bohumil Shimek Elementary School 2.7 miles Public PK-6 B+
Archibald Alexander Elementary School 2.9 miles Public PK-6 C+
Lincoln Elementary School 3.7 miles Public KG-6 B+
Ernest Horn Elementary School 4.1 miles Public PK-6 D+
Coralville Central Elementary School 4.8 miles Public PK-6 D-

Robert Lucas Elementary School

Distance: 0.6 miles

Type Public

Grades: PK-6

C

Willowwind School

Distance: 0.7 miles

Type Private

Grades: PK-6

Herbert Hoover Elementary School

Distance: 1.1 miles

Type Public

Grades: PK-6

B

Regina Catholic Education Center

Distance: 1.3 miles

Type Private

Grades: PK-12

Regina Catholic Education Center

Distance: 1.3 miles

Type Private

Grades: PK-12

Elizabeth Tate Alternative High School

Distance: 1.4 miles

Type Public

Grades: 9-12

D-

Longfellow Elementary School

Distance: 1.8 miles

Type Public

Grades: KG-6

C+

Mark Twain Elementary School

Distance: 1.9 miles

Type Public

Grades: PK-6

D

Grant Wood Elementary School

Distance: 2 miles

Type Public

Grades: KG-6

D

Herbert Hoover Elementary School

Distance: 2.1 miles

Type Public

Grades: PK-6

Faith Academy

Distance: 2.3 miles

Type Private

Grades: KG-6

Horace Mann Elementary School

Distance: 2.3 miles

Type Public

Grades: PK-6

B-

Bohumil Shimek Elementary School

Distance: 2.7 miles

Type Public

Grades: PK-6

B+

Archibald Alexander Elementary School

Distance: 2.9 miles

Type Public

Grades: PK-6

C+

Lincoln Elementary School

Distance: 3.7 miles

Type Public

Grades: KG-6

B+

Ernest Horn Elementary School

Distance: 4.1 miles

Type Public

Grades: PK-6

D+

Coralville Central Elementary School

Distance: 4.8 miles

Type Public

Grades: PK-6

D-

Local area information for IowaCity, IA 52245

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IowaCity, IA 52245

This community’s employment is highest in the administrative support and healthcare practitioners industries. The area’s overall household expenses are above the national average.

86° July
Hottest Average Month

12° January
Coldest Average Month
9,376 Total Households in Area
16%
of households
have children
16 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for IowaCity, IA 52245

IowaCity, IA 52245 has a population of 22,109 people in 9,376 households with a median age of 34.6 years old.

Up 2.7%
Increase in population
since the year 2010

Population is Trending up
8,692
Total households as of 2010
Up
10.3%

Community Population By Age

Community Population By Ethnicity

White 81%
Hispanic 6%
Black 5%
Asian 5%
Other 2%
Native American <1%

Economics
for IowaCity, IA 52245

2,516 /sq mi
Population Density
$78,272 /yr
Median Household Income
$305,500
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 61%
  • Walk or Bike 18%
  • Work from Home 13%
  • Public Transit 8%

Occupancy by Type

Owned 5,744 57%
Rented 3,632 36%
Vacant 659 7%

White vs Blue Collar Jobs







White Collar 88%
Blue Collar 12%

Family & Education Facts
for IowaCity, IA 52245

34.6 Median Age

Average Household Size

2.1
persons per
household

40.3%

Married Households

Community Population By Education

Graduate Degree 36%
Bachelors Degree 34%
Some College 14%
High School Graduate 10%
Associates Degree 5%
Some High School 1%

Household Family Expenses vs National Average

15.9% of households have children

Weather
for IowaCity, IA 52245

The weather for this area ranges from a high of 86° F in July to a low of 12° F in January

86° July
Hottest Average Month
12° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
12°
30°
Feb
16°
34°
Mar
27°
47°
Apr
39°
62°
May
50°
73°
Jun
59°
82°
Jul
64°
86°
Aug
61°
84°
Sep
53°
77°
Oct
42°
65°
Nov
29°
48°
Dec
18°
34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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