718 7th Avenue, Coralville, IA 52241
718 7th Avenue, Coralville, IA 52241,Video Tour
718 7th Avenue, Coralville, IA 52241
51
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$245,000
Est. payment /mo
4 Beds
2 Baths
1,280 SqFt
Price Dropped by $5K

718 7th Avenue Coralville, IA 52241

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Key Details

Property Type Single Family Home

Sub Type Income Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $191

Subdivision Coralville Heights

MLS Listing ID 202604586

Style One Story

Bedrooms 4

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 640

Year Built 1961

Annual Tax Amount $3,006

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 60 x 125

Property Sub-Type Income Investment

Property Description

Welcome to 718 7th Ave, a well-maintained up/down duplex in the heart of Coralville offering a great investment opportunity. Each unit is a 2-bedroom and 1 bathroom, with 640 square feet of living space, and washer/dryer in both units. Both units have been recently painted, and the lower level has updated floor coverings, new electrical panel, and new wall A/C. Tenants pay for all utilities except lawn care. The property includes plenty of off-street parking plus additional on-street parking. Both units are currently leased, with the lower unit rented for $1,200/month + $50 pet rent through April 26, 2027, and the upper unit renting for $900/month through July 26, 2027, providing immediate, reliable rental income.

Location

State IA

County Johnson

Zoning Residential

Direction From 5th Street to 7th Avenue, near the corner of 7th Avenue and 8th Street

Rooms

Basement Block

Interior

Interior Features Cable Available, None

Heating Forced Air, Natural Gas

Cooling Ceiling Fans, Wall Window Units

Flooring Carpet, LVP, Tile, Laminate

Fireplaces Type None

Appliance Dryer, Range Or Oven, Refrigerator, Washer

Laundry In Kitchen

Exterior

Exterior Feature Front Porch, Shed

Parking Features Off Street, On Street

Community Features Close To School, Close To Shopping, Sidewalks, Street Lights

Utilities Available City Sewer, City Water

Total Parking Spaces 4

Building

Lot Description Less Than Half Acre

Structure Type Frame

New Construction No

Schools

Elementary Schools Central

Middle Schools Northwest

High Schools West

Others

Tax ID 1005261004

Acceptable Financing Exchange1031, Cash, Conventional

Listing Terms Exchange1031, Cash, Conventional

Special Listing Condition Standard

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Listed by Westwinds Real Estate Services, Inc.

NEARBY SCHOOL & BUSINESS

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Amir Elgaali

Amir Elgaali

Agent License ID: 66564000

+1(319) 855-0017

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718 7th Avenue