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Two-Family Duplex Portfolio

445/447 Heritage Pl North Liberty, IA 52317

445/447 Heritage Pl, North Liberty, IA, 52317
$250,000
Pending
For Sale
$250,000
Pending

MULTI_FAMILY - Other - NorthLiberty, IA

Days on Market203

Property Features for 445/447 Heritage Pl

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential- Two-Family D
Rooms
Bathroom 2, Bathroom 1
Parking
2
Parking features
Garage
Patio and Porch features
Deck
Interior features
KitDiningRmComb
Exterior features
Deck
Appliances
RangeOrOven, Refrigerator
Standard status
Pending
APN
0613131012

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
4738

Utilities

Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Year built
1992
Floors in Building
1
Flooring type
Laminate, Carpet
Building materials
Wood, Frame
Architectural style
Other
Listing agency RE/MAX Affiliates
Listed by Laura Soride · License #B56987000
Added: Jan 1 Updated: Jul 13 at 8:07PM Checked: Jul 23 at 7:06AM
MLS# 202507451

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering includes a two-family duplex property at 445/447 Heritage Pl in North Liberty. The units are currently leased through July 31, 2026, with the lease arrangement transitioning to month-to-month after that date. The property is being sold in an “as-is” condition, and the seller will make no repairs.

Tenant-paid utilities are in place, with all utilities paid by the tenants. Showings require 24 hours’ notice, and access is subject to the current lease schedule.

For buyers seeking a residential income asset with an in-place tenancy, this duplex can fit an owner-operator or investor strategy where cash flow continues through the current lease term. The month-to-month structure after July 31, 2026 may provide additional leasing flexibility going forward, subject to tenant terms. Prospective buyers should plan around the as-is condition and confirm all details during scheduled showings with appropriate notice.

Key Highlights

  • Leased through July 31, 2026; after that, property will move to a month‑to‑month lease
  • Utilities are paid by the tenants
  • Central air with forced‑air natural gas heating

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Plumbing Service Real Estate Agency Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Catering Service HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Leased duplex units in North Liberty with month-to-month flexibility after July 31, 2026.
Where is this duplex located?
The property is located at 445/447 Heritage Pl North Liberty, IA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Leased through July 31, 2026; after that, property will move to a month‑to‑month lease; Utilities are paid by the tenants; Central air with forced‑air natural gas heating
Contact an agent
More about this property
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