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Listing ID: 202304073
Price: $950,000
Status: Contingent
Address: 934 23rd Ave Pl
City: Coralville
State: Iowa
Postal Code: 52241
County: Johnson
Subdivision: None
12 Units @ 934 23RD AVE PL 100% rented. 2 Bedroom 1 Bath units. Rent per unit - $725. Many updates throughout the buildings. Neither building is in an association. Rents are below average and have a lot of room for increase. On site laundry at both locations. This listing is affiliated with the building below and listed together at $2,050,000. PLEASE NOTE THAT ALL EXPENSE AND INCOME INFORMATION IS BOTH OF THESE 12 PLEX'S, EXPENSE NUMBERS HAVE NOT BEEN SEPERATED. PLEASE ASK LISTING AGENT FOR ALL INCOME AND EXPENSE REPORTS 1124 Oakcrest - $1.1M 934 23rd Ave. - $950,000

Primary Features

County: Johnson
Property Sub Type: Multi-Family
Property Type: Multi-Family
Subdivision: None
Year Built: 1982
Zoning: R3+


Unit 1 Bedrooms: 2
Unit 1 Dining Room: yes
Unit 1 Full Baths: 1
Unit 1 Living Room: yes
Unit 1 Number: 934
Unit 2 Bedrooms: 2
Unit 2 Dining Room: yes
Unit 2 Full Baths: 1
Unit 2 Living Room: yes
Unit 2 Number: 2
Unit 3 Bedrooms: 2
Unit 3 Dining Room: yes
Unit 3 Full Baths: 1
Unit 3 Living Room: yes
Unit 3 Number: 3
Unit 4 Bedrooms: 2
Unit 4 Dining Room: yes
Unit 4 Full Baths: 1
Unit 4 Living Room: yes
Unit 4 Number: 4


Lot Dimensions: IRR


Area: Coralville
Elementary School: Horn
Geo Address Line: 934 23rd Avenue Pl
High School: West
Junior/Middle School: Northwest


Addendum: Showings to be set up with the Lepic Elite Home Team. Please contact either Matthew Lepic or Jim McDonald. Allow 48 hours' notice.
Days on Market: 6
Internet: yes
New Construction: no
Rental Permit: yes
Status Category: Active
Units Total: 12


Annual Association Fee: none
Annual Gross Expense: 104401.83
Annual Gross Income: 197544.55
Gross Tax (County & City): 16904
Sale/Lease: For Sale
Tax ID: 0731362001
Tax Year Report: 2022
Unit 1 Monthly Rent: 725
Unit 2 Monthly Rent: 725
Unit 3 Monthly Rent: 725
Unit 4 Monthly Rent: 725
Variable Rate: no

Zoning Info

© 2023 Iowa City Area MLS (ICAARMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Matthew Lepic of Lepic-Kroeger, REALTORS

Contact - Listing ID 202304073

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Jeff Edberg

2346 Mormon Trek Blvd, Ste #2000
Iowa City, IA 52246
Phone: 319-331-6187
Phone Alt: 319-331-6187

Data services provided by IDX Broker

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