$2,250,000
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80 Olive Court Iowa City, IA 52246
Other
Residence
Beds
Baths
...
Bed/Bath
7,300
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
What an opportunity across from Kinnick Stadium! This property has one single family home of 1,769 sq ft w/4BR-3BA w/ attached garage+full basement. TEN add'l separate apartments. Three tenants have lived there for 10 yrs, 30 yrs & 50 yrs respectively! Average of three year tenancy for the other sev...en units. GREAT ADDITIONAL INCOME POTENTIAL with game day car parking and/or RV parking w/estimated income of over $22K! Apartments offer impressive opportunity to function as traveling nurse units or Air BnB. All units are rented for Fall 2025 with a rental income of $152,100. Laundry room connects the house to apartments. This property has been in the same family's portfolio since the 60's and is self managed. It is well cared for by the owners with updates in the home and most apartments in recent years. A real gem with outstanding opportunities!
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MLS#
2500579
Property Type
Other
Year Built
1960
Square Feet
7,300
sq. ft
Sewer
Public Sewer
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