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323 N Lucas St, Iowa City, IA 52245.
Close to campus & downtown two story up/down duplex with separate entrances. One bedroom, full bath and laundry in both units. Central gas furnace & A/C units w/gas & electric costs and City trash/water/sewer utility costs shared by tenants. Could easily be restored to a single family home. Upper unit lease expires 10/31/26, Lower unit, 7/31/27. Current rent $600/mo each. Large off-street concrete parking in back of property. 12x18 detached garage. Radon mitigation system. New furnace ~2012. Buyers to agree to 1031 tax-exempt sale terms & can bundle with 20 S Lucas St. Tenants' Rights: minimum of 48 hours notice to show. Possession negotiable. Great opportunity!
MLS ID: 202605182
Shown By
Agent Name: Austin Maas
Agent Phone: (319) 325-0367
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Shown By
Agent Name: Austin Maas
Agent Phone: (319) 325-0367
Agency Title: Ruhl&Ruhl Realtors
Agent Email:
Contact an agent to learn more about
323 N Lucas St, Iowa City, IA 52245.

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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $240,000 | $240,000 | $240,000 |
| Down Payment | $48,000 | $8,400 | $60,000 |
| Monthly Mortgage Amount | $1,214 | $1,489 | $1,507 |
| Taxes | $334 | $334 | $334 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $106 | $0 |
| Monthly Estimated Total | $1,648 | $2,029 | $1,941 |
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