Video tour
Matthew Lepic, Listing Office: LEPIC-KROEGER, REALTORS
$10,000
closing credit¹
80 Olive Ct Iowa City, IA 52246
$2,250,000 List price
$10,000
Closing credit¹
7,300 sqft
$308 / sqft
Multi-Family
Property details
About 80 Olive Ct
What an opportunity across from Kinnick Stadium! This property has one single family home of 1,769 sq ft w/4BR-3BA w/ attached garage+full basement. TEN add'l separate apartments. Three tenants have lived there for 10 yrs, 30 yrs & 50 yrs respectively! Average of three year tenancy for the other seven units. GREAT ADDITIONAL INCOME POTENTIAL with game day car parking and/or RV parking w/estimated income of over $22K! Apartments offer impressive opportunity to function as traveling nurse units or Air BnB. All units are rented for Fall 2025 with a rental income of $152,100. Laundry room connects the house to apartments. This property has been in the same family's portfolio since the 60's and is self managed. It is well cared for by the owners with updates in the home and most apartments in recent years. A real gem with outstanding opportunities!
Highlights
Home typeMulti Family
StatusActive
Size7,300 sqft
BasementYes
Lot size0 Acres
Year built1960
MLS #2500579
Virtual tour
Summary
- MLS Number: 2500579
- MLS Name: CDR
- Office Name: LEPIC-KROEGER, REALTORS
- Office Phone: (319) 351-8811
- Office Email: erik@lkriowa.com
- Listing Agent: Ryan Bandy
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, 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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$2,250,000
80 Olive Ct
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 12, 2006 | Home Sold | $600,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,041,690 | $19,596 |
| 2023 | $1,041,690 | $19,880 |
| 2022 | $917,180 | $22,370 |
| 2021 | $917,180 | $23,076 |
| 2020 | $891,850 | $24,494 |
| 2018 | $752,770 | $21,794 |
| 2017 | $752,770 | $23,170 |
History based on county public records data.
Nearby schools
3
Ernest Horn Elementary School
Public District PK-6
0.6 mi
•600 Koser Ave
7
Lincoln Elementary School
Public District KG-6
0.8 mi
•300 Teeters Ct
6
Horace Mann Elementary School
Public District PK-6
1.6 mi
•521 N Dodge St
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 $31,545. Typical income of Iowa City, IA residents is less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
53%
<35k
43%
35k-100k
3%
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?
86%
Single, No Kids
1%
Single, with Kids
11%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
2%
<11 yrs old
0%
12-17 yrs old
72%
18-34 yrs old
9%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Soccer
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Forever 21
Where do the neighbors go to eat?
Starbucks
Sonic
Dominos Pizza
What do the neighbors drive?
Pontiac
Infiniti
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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New - 5 days on RocketVideo tour
$10,000 Closing Credit¹
Ryan Bandy, Listing Office: LEPIC-KROEGER, REALTORS
This home is located at 80 Olive Ct in Iowa City, IA and zip code 52246 in the Oakcrest neighborhood. This 7,300 square foot home was built in 1960. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $2,250,000.
In December 2024 more than 2 listings in Iowa City, IA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 12 were sold below. The number of listings in Iowa City, IA decreased by 11.4% between November and December 2024. 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.