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530 E Washington St
Iowa City, IA 52240
Duplex - Up/Down · Multifamily Property For Sale
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2 Units
Executive Summary
530 E Washington Street is a multifamily investment opportunity located in Iowa City, Iowa. Constructed in 1900, the property features two residential units within a single building and offers a total of seven bedrooms and three bathrooms. Situated on a 0.41-acre lot near the University of Iowa campus and downtown Iowa City, the property is well-positioned to benefit from strong and consistent rental demand.
Located in one of Iowa’s most established rental markets, the property provides convenient access to the University of Iowa, University of Iowa Health Care, downtown amenities, and major employment centers. With a proforma NOI of $37,426 and a 6.40% cap rate, the offering presents stable cash flow and long-term investment potential in a highly desirable location.
Located in one of Iowa’s most established rental markets, the property provides convenient access to the University of Iowa, University of Iowa Health Care, downtown amenities, and major employment centers. With a proforma NOI of $37,426 and a 6.40% cap rate, the offering presents stable cash flow and long-term investment potential in a highly desirable location.
Property Facts
| Price Per Unit | $403,340 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 6.40% | Building Size | 1,960 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment |
| Price Per Unit | $403,340 CAD |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 1,960 SF |
| No. Stories | 2 |
| Year Built | 1900 |
Property Taxes
| Parcel Number | 1010451001 | Improvements Assessment | $445,244 CAD |
| Land Assessment | $89,693 CAD | Total Assessment | $534,937 CAD |
Property Taxes
Parcel Number
1010451001
Land Assessment
$89,693 CAD
Improvements Assessment
$445,244 CAD
Total Assessment
$534,937 CAD
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