Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    504 2Nd Ave Coralville, IA 52241

    For Sale
    $725,000

    Multi Family - Coralville, IA

    Property size:
    2,244 SF
    Days on Market:
    146
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 504 2Nd Ave

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    RES
    APN
    1005453003
    Parking features
    Off Street
    Interior features
    Kitdiningrmcomb
    Appliances
    Dishwasher, Oven, Range, Refrigerator, Washer
    Size
    2,244 SF

    Utilities

    Heating system
    Baseboard, Steam
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1983
    Building materials
    Brick, Frame
    Architectural style
    Other

    Lepic-Kroeger, REALTORS (319) 351-8811 [email protected]

    Listing agent Monica Hayes (319) 351-8811

    Listing date Jul 22, 2025

    MLS# 202504606 Listing URL

    Copyright © 2025 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.

    Overview

    Coralville Multi-Family Investment Property

    This is a six-unit multi-family building with a history of rentals. Five units feature 2 bedrooms and 1 bathroom, with a size of 748 square feet each, and include one off-street parking space. The remaining unit has 1 bedroom and 1 bathroom, and includes several large closets. The property is located close to IRL, the University of Iowa Hospitals, and Kinnick Stadium, as well as various restaurants and coffee shops. It is also near two major interstates and in close proximity to bus lines. The property is zoned as RES and has a total size of 2,244 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.567506
    Latitude
    41.67429

    Nearby Similar for Sale

    • Contact for pricing
      2,911 SF

      Professional/Medical Office or Retail Space

      First-generation office or retail spaces in North Coralville, Iowa.
      2791 Heartland Dr, Coralville, IA 52241
      View Details
    • Contact for pricing
      2,831 SF

      Professional/Medical Office or Retail Spaces

      First-generation office or retail spaces in North Coralville, Iowa.
      2791 Heartland Dr, Coralville, IA 52241
      View Details
    • $330,000
      1,502 SF

      Coralville Multifamily Investment Opportunity

      Two-unit property in Coralville with strong rental potential.
      1456 Eastview Dr, Coralville, IA 52241
      View Details
    • $5,139,200
      1.82 Acres

      Class A Office Building

      Three-story office building in Coralville's Town Square complex.
      520 10Th Ave, Coralville, IA 52241
      View Details
    • $2,500,000
      2.32 Acres

      Commercial Condo in Coralville Strip

      Multi-tenant commercial condo with immediate cash flow in prime location.
      327 2Nd St, Coralville, IA 52241
      View Details
    • $275,000
      Pending

      Coralville Duplex Investment Opportunity

      Duplex in Coralville, leased, generating immediate income.
      1446 Eastview Dr, Coralville, IA 52241
      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-unit building near IRL, U of I Hospitals, and Kinnick.
    Where is this apartment building located?
    The property is located at 504 2Nd Ave Coralville, IA.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Excellent rental history; - 5 Units with 2 bdrm/1 bath; - Enjoy the convenience of off-street parking.
    (319) 351-8811
    Request Owner's contact information
    504 2Nd Ave Coralville, IA 52241
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    504 2Nd Ave
    Coralville, IA 52241
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    504 2Nd Ave Coralville, IA 52241
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.