1 Bath
2,302 sqft
$675,000
20 S Lucas St, IowaCity IA, 52240
Price per sqft$293.22
Built in1900
Property size2,302 sqft
Property typeMulti-family
Overview
Active
Listed Aug 24, 2026
Updated Sep 1
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: 48 hour notice for showings: Buyer(s) to agree to 1031 tax-free exchange. Can 1031 bundle with 323 N Lucas St.
$4,491/mo
Est. mortgage payment based on a $675,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 202605179
Interior Features
- Bathrooms
- 1
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Other Property Details
- Taxes
- $10,570
- Tax Frequency
- Annually
- Association Fee Frequency
- Yearly
- Maintenance Expense
- $6,602
- Garage
- Yes
Courtesy of RE/MAX Concepts, ,
Listing Contact: 319-331-9911
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cory Rath shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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