WSG CRE
WSG CRE
WSG CRE
WSG CRE
Listed by WSG CRE
$850,000
717 & 719 E Jefferson Street
Details
APN 0707379007
Property Type Multifamily
Sub Type Student Housing, Single Family Rental Portfolio
Square Footage 2,975
Units 2
Cap Rate 6.90%
Pro-Forma NOI $58,623
Year Built 1915
Buildings 1
Stories 1
Acreage 0.140
Multi-family | Duplex - front/back
Marketing description
717 & 719 E Jefferson Street is a 2-unit multifamily investment opportunity located in Iowa City, Iowa. Constructed in 1915, the property features two spacious units, including one 5-bedroom, 2-bath unit and one 5-bedroom, 3-bath unit. Situated on a 0.138-acre lot, the property offers an attractive housing option in a highly sought-after location near the University of Iowa.
Positioned just east of downtown Iowa City and within walking distance of the University of Iowa campus, the property benefits from strong and consistent rental demand. With a proforma NOI of $58,623 and a 6.90% cap rate, the offering provides stable cash flow and long-term investment potential in one of Iowa’s strongest rental markets.
Listing Contacts
WSG CRE
WSG CRE
WSG CRE
WSG CRE
Listed by WSG CRE
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