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328 S Governor St
Iowa City, IA 52240
Multifamily Property For Sale
·
2 Units


Executive Summary
2 unit rental in downtown IC. 1st floor is a 2 bed 1 bath, 2nd floor is a 3 bed 1 bath. Paved lot behind the house. Total rents are $2950 with an increase to $3050 in August 2025.
Property Facts
| Price Per Unit | $248,737 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| No. Units | 2 | Building Size | 2,529 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Single-Family Home | Parking Ratio | 1.58/1,000 SF |
| Zoning | RNS12 OCD | ||
| Price Per Unit | $248,737 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,529 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 1.58/1,000 SF |
| Zoning | RNS12 OCD |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+1 | 2 | - | - |
Property Taxes
| Parcel Number | 1010487011 | Improvements Assessment | $474,780 CAD |
| Land Assessment | $96,258 CAD | Total Assessment | $571,038 CAD |
Property Taxes
Parcel Number
1010487011
Land Assessment
$96,258 CAD
Improvements Assessment
$474,780 CAD
Total Assessment
$571,038 CAD
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