2203-2221 Muscatine Ave, IowaCity, IA 52240
Johnson County
Key Facts
Description
Income producing multifamily property with strong long term redevelopment potential. The adjacent City owned parcel is also available. The combined site would create a signalized hard corner redevelopment opportunity with excellent visibility and traffic exposure. Rare opportunity to control a prominent intersection while generating income from the existing multifamily property. The land is .87 acres and with the City land it is another .20 acres for a total of 1.07 acres.
Property Information
Property Type
Commercial Sale
Year Built
1930
Lot Size
0.87 acres
Lot Dimensions
n/a
Zoning
CC2
MLS® Listing#
202602162
Property Features
Cooling
Heating
Flooring
Construction
Roof
Utilities
Water Source
Schools
- Elementary:
- Hoover
- Middle:
- Southeast
- High:
- City
Financial Details
Annual Taxes
$15,335
Tax year 2024
Parcel Number
1014401014
Directions
2nd building on Muscatine west from corner of Muscatine and 1st Ave intersection
Affordability Calculator
$380,000
Estimated monthly payment
$10,113/mo
Principal $1,520,000 · Est. interest $2,120,535 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in IowaCity, IA
- $359,016
- Median Listing Price
- 70
- Median Days on Market
- 1,793
- Median Sq Ft
- $195
- Median Price / Sq Ft
- 270
- Active Listings
- This home’s price is 429% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in IowaCity, IA.
Location
- 2203-2221 Muscatine Ave, IowaCity, IA 52240
Points of Interest in IowaCity, IA
Showing the IowaCity area map.
Nearby Schools
Southeast Junior High School
Secondary · 0.4 mi away
Tate High School
Secondary · 0.4 mi away
Pci Academy Iowa City
School · 0.5 mi away
Herbert Hoover Elementary School
Elementary · 0.6 mi away
Champions at Lucas Elementary
Elementary · 0.6 mi away
Lucas Elementary School
Elementary · 0.6 mi away
Iowa City High School
Secondary · 0.7 mi away
Mark Twain Elementary School
Elementary · 0.8 mi away
Longfellow Elementary School
Elementary · 0.9 mi away
Grant Wood Elementary School
Elementary · 1.1 mi away
Helen Lemme Elementary School
Elementary · 1.2 mi away
Regina Junior Senior High School
Secondary · 1.2 mi away
Regina Elementary School
Elementary · 1.2 mi away
Enchanted Neighborhood
School · 1.2 mi away
Alexander Elementary
Elementary · 1.6 mi away
Mann Elementary School
Elementary · 1.7 mi away
Hoover Elementary - Iowa City
Elementary · 1.9 mi away
Champions at Hoover Elementary
Elementary · 1.9 mi away
University of Iowa Department of Cinematic Arts
School · 2.0 mi away
Iowa City Community School District
School · 2.1 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 403 Westwinds Dr # 461, IowaCity, IA | $1,400,000 | — | 1 | 11,088 |
| 1130 S Scott Blvd, IowaCity, IA | $1,400,000 | — | — | — |
| 2858 Buckle Down Cir, IowaCity, IA | $1,435,000 | 5 | 5 | 4,409 |
| 0000 Sand Rd, IowaCity, IA | $1,441,800 | — | — | — |
| 404 E College St No. 1101 + 1102, IowaCity, IA | $1,500,000 | 2 | 2 | 2,430 |
| 405 S Gilbert St, IowaCity, IA | $1,500,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in IowaCity
Listing Courtesy: Skogman Realty Co. - 3196256427
Presented by: Mark Lynch