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516 Church Iowa City IA 52240

IA, Iowa City For sale MULTI-FAMILY Pending 4 or More Cars See Remarks Range/Oven, Refrigerator
For saleMULTI-FAMILYIAIowa City52240516 Church, Iowa City, IA, 52240
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  • MULTI-FAMILY
  • For sale

516 Church Iowa City IA 52240

516 Church, Iowa City, IA, 52240
$550,000
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Basics

  • Date added: Added 1 month ago
  • Type: MULTI-FAMILY
  • Status: Pending
  • DOM: 4
  • Subdivision: Original Town
  • Year built: 1970
  • Water/Sewer: City Sewer,City Water
  • Heating/Cooling: Electric,Gas,Ductless Cooling/Heating
  • Units Total: 9
  • Address: 516 Church, Iowa City, IA, 52240
  • MLS ID: 202602686

Description

  • Description:

    Currently partially vacant but supported by an excellent rental history, this close-in property offers strong income potential and flexible use. Originally a single-family home, it has been converted into three 1-bedroom apartments along with six efficiency units off the alley, creating a total of nine rentable units. The location is highly desirable, providing convenient access to nearby amenities, transit, and the university. The property also features ample on-site parking, a valuable asset for tenants and a competitive advantage in the rental market. Great for an investor seeking a value-add opportunity or looking to expand their portfolio with a well-located multi-unit building. This property delivers both long-term potential and value.

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Location

  • Directions: Gilbert Street then east on Church Street
  • County: Johnson

Building Details

  • Basement: See Remarks
  • Parking: 4 or More Cars

Amenities & Features

  • Features:
    Range/OvenRefrigerator

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https://www.apartmentbrokersofiowa.com/wp-content/uploads/2026/04/202602686-db6bca44-e38b-48af-af9c-e1aac84ce533.jpg 853 1280 https://www.apartmentbrokersofiowa.com/wp-content/uploads/2024/05/ABILogo.png 2026-04-22 11:30:322026-05-20 05:03:45516 Church 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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