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$1,299,000   Price Analysis
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128 W Side Dr Unit 1-12
Iowa City, IA 52246
Unknown bed 1 bath unknown SqFt ($0/SqFt)
0.62 acre lot. Built 1992
Listed 2024-01-15, Taxes $21,384
Ⓧ USDA Ineligible
due to price & location

near Iowa City

12-plex apartment building on west side of Iowa City with total rent at $10

185 per month. Each unit is a 2 bed, 1 bathroom. Two shared laundry rooms in building. Tenants pay gas, electric and water. Some f the units have all new LVP flooring and updated fixtures.

Open parking lot with one assigned space per unit and a few extra guest parking spots. Excellent lo cation with easy access to 218 and Highway 1. 2023 Income Statement available in additional documents.


Presented by Teague Case at
Westwinds Real Estate Services, Inc.


Property MLS #202400354 from IowaCity

Total Bathrooms: 1
Full Bathrooms: 1

Dishwasher
RangeOrOven
Refrigerator
Dryer
Microwave
Washer

Basement Features: Slab
Basement Description: Slab

Heating Features: ForcedAir

Flooring: Carpet, Vinyl

Lot Size Acres: 0.6198347
Lot Size Dimensions: 90x300
Lot Size Square Feet: 27000

Garage Spaces: 4
Parking Features: OffStreet
Parking Total: 4

Sidewalks
StreetLights
CloseToSchool
CloseToShopping
OnBusLine
Community Features: Sidewalks, StreetLights, CloseToSchool, CloseToShopping, OnBusLine

Elementary School: Weber
High School: West
Middle School: Northwest

Ernest Horn Elementary School is a public elementary school located approximately 0.8 miles away.
directions icon Map directions

West Senior High School is a public high school located approximately 1.4 miles away.
directions icon Map directions

Northwest Junior High School is a public middle school located approximately 3.2 miles away.
directions icon Map directions

Faith Academy is a private elementary school located approximately 2.3 miles away.
directions icon Map directions

Gross Income: 122220

Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 15000

Number of Units: 12

Annual Tax Amount: 19004
Source Listing Status: Active
County: Johnson
Directions: From Mormon Trek Boulevard to to West Side Drive. Building is on the right side.
Tax Year: 2022
Source Property Type: Residential
Insurance Expense: 8000
Area: IowaCity
Source Neighborhood: West Side Park
Parcel Number: 1020136001
Subdivision: West Side Park
Zoning: Residential
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$718,360 + $158,400
$876,760
$21,384
2021$718,360 + $158,400
$876,760
$22,674
2020$717,920 + $158,400
$876,320
$24,092
2019$717,920 + $158,400
$876,320
$22,392
2018$641,440 + $132,000
$773,440
$23,806
2017$641,440 + $132,000
$773,440
$22,632
2016$578,580 + $132,000
$710,580
$23,748
2015$578,580 + $132,000
$710,580
$23,430
2014$538,770 + $132,000
$670,770
$24,550
2013$538,770 + $132,000
$670,770
$22
2012$520,420 + $132,000
$652,420
$25,770
2007$541,610 + $132,000
$673,610
$27,254
2005$541,610 + $132,000
$673,610
$24,372
2004$unknown + $unknown
$643,020
$23,788

Listed 2024-01-15
$1,299,000
IowaCity
Sold 2020-11-13
$1,100,000
IowaCity
Listing removed 2019-07-01
$0
IowaCity
Listing removed 2019-06-08
$0
CedarRapids
Listed 2018-12-10
$1,140,000
CedarRapids
Listed 2018-12-06
$1,140,000
IowaCity

Operating Expense: 56200

Year Built: 1992
Above Grade Finished Area: 10968
Construction Materials: Frame
Property Age: 32
Total Above Grade Sqft Area: 10968

Electric Expense: 688
CitySewer
CityWater
Water Sewer Expense: 600
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property photoproperty photobedroomliving_roomkitchen
dining_roombedroombedroomunknownbedroom
bathroomliving_roomliving_roomproperty photoproperty photo

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.