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68 Oberlin St Iowa City IA 52245

IA, Iowa City For sale MULTI-FAMILY Sold 4 or More Cars Poured Concrete Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
For saleMULTI-FAMILYIAIowa City5224568 Oberlin St, Iowa City, IA, 52245
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  • MULTI-FAMILY
  • For sale

68 Oberlin St Iowa City IA 52245

68 Oberlin St, Iowa City, IA, 52245
$395,000
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Basics

  • Date added: Added 5 months ago
  • Type: MULTI-FAMILY
  • Status: Sold
  • DOM: 36
  • Subdivision: Oberlin Condominiums
  • Year built: 1983
  • Water/Sewer: City Sewer,City Water
  • Heating/Cooling: Electric,Gas,Central,Forced Air
  • Unit #: 9-12
  • Units Total: 4
  • Address: 68 Oberlin St, Iowa City, IA, 52245
  • MLS ID: 202404135

Description

  • Description:

    Rare opportunity to own a FULLY RENTED 4-Plex in a great location off Scott Blvd / Washington St. Each unit has its own parcel#, so you could sell units off if you want to. Coin operated laundry provides additional income. Association is self managed with owner of the other two buildings. Consistently rented. Owner has updated flooring and cabinetry in 3 of the 4 units and updated the front landscaping wall. Rents / Units are likely currently under rented / too low. Units show well. Rear exit / stairs in the back of each unit. Some newer appliances. Property (properties) being sold as is. #9 & #11 currently rented for $775 / month. #10 & #12 rented thru July 2025 for $850. Potential rent for around $900+/- per month. Coin operated laundry brings in around $1000 / year. 48 HOUR NOTICE FOR SHOWINGS. 10AM-6PM ONLY.

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Location

  • Directions: Washington St to Amhurst to Oberlin
  • County: Johnson

Building Details

  • Basement: Poured Concrete
  • Parking: 4 or More Cars

Amenities & Features

  • Features:
    DishwasherDryerMicrowaveRange/OvenRefrigeratorWasher
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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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