Apartment Brokers of Iowa NAI Iowa Realty Commercial
  • About Us
    • Multifamily Housing Experience and Knowledge
    • Our Team
    • Testimonials
    • Contact Us
  • Property Listings
  • Sold Comps
  • Pricing Evaluation
  • Newsletters
  • Resources & Links
  • Save the Date
  • Search
  • Menu Menu

2427 Petsel Iowa City IA 52246

IA, Iowa City For sale MULTI-FAMILY Sold Finished, Full Dishwasher, Range/Oven, Refrigerator
For saleMULTI-FAMILYIAIowa City522462427 Petsel, Iowa City, IA, 52246
  • Compare
+6
  • Compare
  • MULTI-FAMILY
  • For sale

2427 Petsel Iowa City IA 52246

2427 Petsel, Iowa City, IA, 52246
    $575,000
    Request info

    Basics

    • Date added: Added 7 days ago
    • Type: MULTI-FAMILY
    • Status: Sold
    • DOM: 12
    • Subdivision: Hawkeye Heights
    • Year built: 1981
    • Water/Sewer: City Water
    • Heating/Cooling: Gas,Central,Forced Air
    • Units Total: 4
    • Address: 2427 Petsel, Iowa City, IA, 52246
    • MLS ID: 202101189

    Description

    • Description:

      3 br / 1.5 ba fourplex on Petsel Place for sale at a 6.5 Cap Rate. Annual income is $63,466, expenses are $25,942 leaving an NOI of $37,524. The current owner is flexible in his leasing terms & used a tenant matching service that helps fill in vacant bedrooms when necessary. The building is well maintained with new HVAC in 2019, new roof in 2018 and all units remodeled from original condition. Utilities are paid by tenants in units 1 & 3, units 2 & 4 pay any utilities over $160 per month.

      Show all description

    Location

    • Directions: From Melrose Ave go West on Petsel Pl it is the 4th building on the South side of the road
    • County: Johnson

    Building Details

    • Basement: Finished, Full

    Amenities & Features

    • Features:
      DishwasherRange/OvenRefrigerator

    Ask an Agent About This Home

    Phone
    By clicking the «REQUEST INFO» button you agree to the Terms of Use and Privacy Policy
    Powered by Estatik
    Share this entry
    • Share on WhatsApp
    https://www.apartmentbrokersofiowa.com/wp-content/uploads/2025/09/202101189.jpg 449 1280 https://www.apartmentbrokersofiowa.com/wp-content/uploads/2024/05/ABILogo.png 2025-09-29 06:59:112025-09-29 06:59:112427 Petsel Iowa City IA 52246

    NAI Iowa Realty Commercial is proud to be part of the 
    Home Services of America family of companies

    NAI_logo

    Joanne M. Stevens

    1005 Blairs Ferry RD, Ste 210
    Cedar Rapids, IA 52402
    Phone: (319) 378-6786
    Fax: (515) 453-4484
    Equal Housing Opportunity logo
    © Copyright - Joanne M. Stevens Real Estate Team – Cedar Rapids, Iowa Web Site Design
    Scroll to top

    Sign in or register

    to save your favourite homes and more

    Sign in or register

    to save your favourite homes and more

    All log in options
    Forgot password?

    Reset password

    Enter your email address and we will send you a link to change your password.

    Back to login
    Powered by Estatik