$10,000

closing credit¹

350 Cayman St Iowa City, IA 52245

$1,250,000
7,440 sqft
$168 / sqft
Multi-Family

Property details

About 350 Cayman St

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.

Highlights

Home typeMulti Family
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size7,440 sqft
Lot size0 Acres
Year built1993
MLS #2500582

Virtual tour

Summary

  • MLS Number: 2500582
  • MLS Name: CDR
  • Office Name: LEPIC-KROEGER, REALTORS
  • Office Phone: (319) 351-8811
  • Office Email: erik@lkriowa.com
  • Listing Agent: Ryan Bandy

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively 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 Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,250,000

350 Cayman St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Helen Lemme Elementary School

Public District KG-6

0.4 mi

3100 E Washington St

4

Robert Lucas Elementary School

Public District PK-6

0.6 mi

830 Southlawn Dr

5

Longfellow Elementary School

Public District KG-6

1.8 mi

1130 Seymour Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,744. Most Iowa City, IA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

29%
<35k
41%
35k-100k
25%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
8%
Single, with Kids
24%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Old NavyOld Navy
  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • ArbysArbys
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • GMCGMC
  • LexusLexus
  • ChevroletChevrolet

What do the neighbors listen to?

  • New CountryNew Country
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

This home is located at 350 Cayman St in Iowa City, IA and zip code 52245 in the Northeast neighborhood. This 7,440 square foot home was built in 1993. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $1,250,000.

In December 2024, from all listings sold in Iowa City, IA there were more than 2 sold above asking price, over 12 sold below and more than 5 were sold right at the asked price. Between November and December 2024, Iowa City, IA real estate market has seen decrease in the number of listings by 11.4%. While the average time on the market in December 2024 was 108 days, the median list price was $311,666.

From Rocket Homes Real Estate and based on county public records data.

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