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401 S Lucas St 1 Unit Apartment Building $280,000 ($280,000/Unit) Iowa City, IA 52240



Executive Summary
This 4 bed (possibly 5) 2 bath house rents for $2300 with an increase to $2375 in August. Gravel parking in the front and 2 car garage in the alley. Priced well below the assessed value.
Property Facts
| Price | $280,000 | Building Class | C |
| Price Per Unit | $280,000 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 1,688 SF |
| No. Units | 1 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Parking Ratio | 3.55/1,000 SF |
| Apartment Style | Single-Family Home | ||
| Zoning | RNS12 OCD | ||
| Price | $280,000 |
| Price Per Unit | $280,000 |
| Sale Type | Investment |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 1,688 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 3.55/1,000 SF |
| Zoning | RNS12 OCD |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | 1,688 |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1015103004 | Improvements Assessment | $269,300 |
| Land Assessment | $71,530 | Total Assessment | $340,830 |
Property Taxes
Parcel Number
1015103004
Land Assessment
$71,530
Improvements Assessment
$269,300
Total Assessment
$340,830
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401 S Lucas St
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