Coralville Duplex with Recent
1467 Valley View Dr. Coralville, IA 52241
1467 Valley View Dr., Coralville, IA, 52241
Contact for pricing
For Sale
Contact for pricing
Well-maintained duplex in Coralville with updated features and tenant-paid utilities.
Property Size2,840 SF
Price / SF$130.25
Days on Market58
Property Features for 1467 Valley View Dr.
General Information
- Standard status
- Active
- Size
- 2,840 SF
- Property subtype
- Land
Building Details
- Year Built
- 1977
Listing Agency
CENTURY 21 Signature Real Estate
Listed by
Teresa Dodge · License #IA
Source
Crexi
Added: May 21 Checked: Jul 16 at 12:35 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Signature Real Estate
Investment Insights
Based on property information with market context.
This duplex is situated in a desirable Coralville location, offering convenient access to shopping and the interstate. The property features a split main floor layout with finished basements for both sides. Access to both units is available through a shared front door. One unit is connected to the garage, while the other has a side entrance to the yard. Recent updates include a new roof and siding installed in 2021. Unit A has a replaced furnace (2022), AC (2024), washer and dryer (2024), carpet (2024), and LVP flooring (2024). Unit B features a replaced furnace (2014), water heater (2024), washer and dryer (2025), carpet (2022), and LVP flooring (2022). Tenants are responsible for all utilities, which are separately metered. The property offers the potential for owner occupancy on one side with rental income from the other. Current rents are $1795 and $1595. The floor plan diagram represents the unit with attached garage access; the other unit has a similar layout. The property size is 2840 square feet.
Key Highlights
- New Roof and Siding (2021).
- Recent major replacements in Side A: Furnace (2022), AC (2024), Washer/Dryer (2024), Carpet (2024), and LVP (2024).
- Potential for owner occupancy on one side with rental income from the other.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.2k | $13.80 |
| − Vacancy | −$1.8k | −$0.62 |
| EGI | $37.4k | $13.18 |
| − OpEx | −$11.2k | −$3.95 |
| NOI | $26.2k | $9.23 |
2,840 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$374.3K
$327.5K – $436.7K
NOI $26,200 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$347.0K
$303.7K – $404.9K
NOI $24,292 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$616.9K
$539.8K – $719.8K
NOI $43,186 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained duplex in Coralville with updated features and tenant-paid utilities.
Where is this duplex located?
The property is located at 1467 Valley View Dr. Coralville, IA.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: New Roof and Siding (2021).; Recent major replacements in Side A: Furnace (2022), AC (2024), Washer/Dryer (2024), Carpet (2024), and LVP (2024).; **Potential for owner occupancy on one side with rental income from the other.**
