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20 S Lucus St Iowa City IA 52240

IA, Iowa City For sale MULTI-FAMILY New 4 or More Cars Block, Full, Walkout Range/Oven, Refrigerator
For saleMULTI-FAMILYIAIowa City5224020 S Lucus St, Iowa City, IA, 52240
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  • MULTI-FAMILY
  • For sale

20 S Lucus St Iowa City IA 52240

20 S Lucus St, Iowa City, IA, 52240
$675,000
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Basics

  • Date added: Added 2 hours ago
  • Type: MULTI-FAMILY
  • Status: New
  • DOM: 0
  • Subdivision: Iowa City (Original Town)
  • Year built: 1900
  • Water/Sewer: City Sewer,City Water
  • Heating/Cooling: Ceiling Fans,Gas,Central,Forced Air,Zoned/Dual
  • Units Total: 7
  • Address: 20 S Lucus St, Iowa City, IA, 52240
  • MLS ID: 202605179

Description

  • Description:

    Unique 7 unit apartment building within walking distance of downtown & campus. Each Apt features 1 bedroom, 1 full bath & kitchen. Not a boarding house! Apt D vacated & available, Apt A lease expires 12/31 & rest leased through 7/31/27. Leases range from $400 to $775/Apt currently. Coin laundry washer & dryer in LL. Lower level units feature front and back entry doors. Two separate HVAC units: one for lower level (3 apts) & one for upper two floors (4 apts). Tenants pay gas & electric, Owner covers water, sewer, trash & heat. Detached single car garage currently rented for $50/mo. Buyers to provide Pre-Approval Letter or Proof of Funds with showing requests. Tenants Rights: allow overnight plus 24 hour minimum for showings: Buyer(s) to agree to 1031 tax-free exchange. Can 1031 bundle with 323 N Lucas St.

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Location

  • Directions: Close to downtown & campus between Dodge & Governor streets on east side of street.
  • County: Johnson

Building Details

  • Basement: Block, Full, Walkout
  • Parking: 4 or More Cars

Amenities & Features

  • Features:
    Range/OvenRefrigerator

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https://www.apartmentbrokersofiowa.com/wp-content/uploads/2026/08/202605179-d99a5461-d382-4eb9-b85a-35f79f96b938.jpg 853 1280 https://www.apartmentbrokersofiowa.com/wp-content/uploads/2024/05/ABILogo.png 2026-08-24 13:10:112026-08-24 13:45:5920 S Lucus St Iowa City IA 52240

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Joanne M. Stevens

1005 Blairs Ferry RD, Ste 210
Cedar Rapids, IA 52402
Phone: (319) 378-6786
Fax: (515) 453-4484
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