Active

255 Iowa Ave

Iowa City IA, 52240

$4,700,000


$315.65 per sqft

Active

14,890 sqft

Multi-family

Built in 2002

Sited on one of Iowa City's most iconic downtown streets, Vogel House, offers 24 fully leased rental units (20 studios and 4 loft penthouses). This property, architecturally designed by Neumann Monson Architects, is a rare opportunity to invest in a high-visibility asset with enduring value. Located in the heart of downtown Iowa City, directly across from public parking and within walking distance to the University of Iowa's main campus, Vogel House is ideally positioned for strong tenant demand. The four loft penthouses each have private balconies, enhancing the appeal of these rentals to prospective tenants. This complex offers elevator access, on-site common laundry, and a proven history of excellent rental performance.

202405288

MLS ID

September 14, 2024

Listed

October 18, 2024

Updated

Map

255 Iowa Ave
Iowa City IA, 52240

Interior Features

Interior Features

Elevator, Loft


Appliances

RangeOrOven, Refrigerator, Microwave


Laundry Description

Laundry Room


Floor Description

Concrete


Fireplace

No


Fireplace Description

None


Cooling

No


Heating

Yes


Heating Description

Electric, Forced Air, Ductless

Exterior/Building Features

Exterior Features

Balcony, Sprinkler System


Lot Features

Corner Lot


Architectual Style

OneStory

School Information

High School

City


Elementary School

Longfellow

Other Property Details

Taxes

$82,370


Tax Frequency

Annually


Association Fee Frequency

Yearly


Garage

No


Parking

None


Parking Total

0


View

No


County

Johnson


Pool

No


Zoning

CB10

 

Courtesy of Blank & McCune Real Estate, ,
Listing Contact: 319-530-6235 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Jill Armstrong Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Iowa City Area Association of REALTORS (ICAAR). All rights reserved.

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