$10,000

closing credit¹

730 Michael St Iowa City, IA 52246

$1,795,000
3,200 sqft
$561 / sqft
Multi-Family

Property details

About 730 Michael St

First time on market! Nestled conveniently near Kinnick & UIHC. Built in 1983 by the current owner. All units fully remodeled w/wood type floor, tile bathrooms, carpet in bedrooms, cabinets, countertops, plumbing fixtures, doors & millwork, electrical, stainless steel appliances & newer windows. New LED lights-units & common hallways. Newer coin ops laundry. Remodeled common hallways, doors, millwork & carpet. Re-insulated attic-2023. Parking lot painted-2024. In-unit laundry in three BR apartment. Water heat boiler & domestic hot water recently serviced. Fall 2024 updates: 12 wall unit AC. Gyp-Crete between floors for sound. Mostly brick building & newer vinyl siding. ALL NEW 3/4” roof sheeting, ice & damn entire roof, STANDING SEAM STEEL ROOF w/no penetration fasteners showing, snow/ice guard rail around entire roof, new vent pipes/ boots, new oversized 6” gutters & oversized 4”x 5” downspouts, new larger overhang over north exterior w/Malarkey class 4 impact resistant shingles, etc. VERY well-maintained property managed by owner. Laundry income: $350/mo. Potential add'l income sources: Game day parking, renting parking to tenants & travel nurse. Walking trail from complex to law college.

Highlights

Home typeMulti Family
StatusActive
Size3,200 sqft
Lot size0 Acres
Year built1983
MLS #2500580

Virtual tour

Summary

  • MLS Number: 2500580
  • 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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exterior space

$1,795,000

730 Michael St

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$961,290$18,084
2023$961,290$18,560
2022$856,290$20,886
2021$856,290$22,370
2020$864,630$23,746
2018$758,120$21,948
2017$758,120$23,334

History based on county public records data.

Nearby schools

3

Ernest Horn Elementary School

Public District PK-6

0.9 mi

600 Koser Ave

7

Lincoln Elementary School

Public District KG-6

1.2 mi

300 Teeters Ct

5

Longfellow Elementary School

Public District KG-6

1.4 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 $29,063. The most common annual income of people living in Iowa City, IA is less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

58%
<35k
33%
35k-100k
8%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

78%
Single, No Kids
6%
Single, with Kids
10%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
64%
18-34 yrs old
19%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • QdobaQdoba

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 730 Michael St in Iowa City, IA and zip code 52246 in the MIller Orchard neighborhood. This 3,200 square foot home was built in 1983. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $1,795,000.

Over 2 listings were sold over their listed price in December 2024 in Iowa City, IA. In the same period over 12 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Iowa City, IA between November and December 2024 decreased by 11.4%. The median list price of listings available in December 2024 was $311,666, while the average time on the real estate market was 108 days.

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

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