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$10,000 Closing Credit¹
Ryan Bandy, Listing Office: LEPIC-KROEGER, REALTORS
732,736,740 Michael Street Iowa City, IA 52246
$4,000,000 List price
16,128 sqft
1.1 acres
$248 / sqft
Multi-Family
Property details
About 732,736,740 Michael Street
42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within walking distance of Kinnick Stadium. Rents have steadily increased. Tenants are transitioning to RUBS for utility payments as they move into their new lease terms.
Highlights
Home typeMulti Family
StatusActive
Size16,128 sqft
Lot size1.05 Acres
Year built1971
MLS #2407186
Virtual tour
Summary
- MLS Number: 2407186
- MLS Name: CDR
- Office Name: LEPIC-KROEGER, REALTORS
- Office Phone: (319) 351-8811
- Office Email: erik@lkriowa.com
- Listing Agent: Matthew Lepic
Provided 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, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,000,000
732,736,740 Michael Street
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Price information
Property sales
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Tax history
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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.
Neighborhood
The neighbors living near this home have an average income of $29,063. The majority of Iowa City, IA residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically 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/WNBA
Major League Soccer (MLS)
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Forever 21
Where do the neighbors go to eat?
Starbucks
Sonic
Qdoba
What do the neighbors drive?
Pontiac
Infiniti
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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New - 6 days on RocketVideo tour
$10,000 Closing Credit¹
Ryan Bandy, Listing Office: LEPIC-KROEGER, REALTORS
This home is located at 732,736,740 Michael Street in Iowa City, IA and zip code 52246 in the MIller Orchard neighborhood. This 16,128 square foot home, which was built in 1971, sits on a 1.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $4,000,000.
Iowa City, IA housing market in December 2024 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 12 sold below. The inventory of homes for sale in Iowa City, IA between November and December 2024 decreased by 11.4%. Listings spent 108 days on the market in December 2024, and had a median list price of $311,666 during the same period.
From Rocket Homes Real Estate and based on county public records data.