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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 Blank & McCune Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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