7-Unit Apartment
20 S Lucas St, Iowa City, IA 52240
For Sale
$675,000
Residential, Iowa City, IA
Property SizeContact for details
Days on Market81
Property Features for 20 S Lucas St
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Exterior features
Appliances
Subdivision
Elementary school
Middle school
Directions
Standard status
APN
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
coin laundry
Building Details
Year built
Flooring type
Building materials
Architectural style
Buildings
Listing Agency:
RE/MAX Concepts · RE/MAX International
(319) 395-0101
Listed By:
Clay Claussen · License IA S44241000
(319) 331-9911
Added: Aug 24
Changed: Nov 4
Last Checked: Nov 12 at 12:06AM
MLS# 202605179
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Iowa City apartment property contains 7 units, each arranged with one bedroom, one full bathroom, and a kitchen. Coin-operated laundry with a washer and dryer is located in the lower level. The three lower-level apartments have both front and rear entrances, while two HVAC systems serve the building: one for those three units and another for the four apartments on the upper floors. A detached single-car garage is also on site.
Downtown and campus are within walking distance. Apartment D is vacant, and Apartment A’s lease expires 12/31; the remaining apartments are leased through 7/31/27. Tenants pay gas and electricity, while the owner covers water, sewer, trash, and heat.
Downtown and campus are within walking distance. Apartment D is vacant, and Apartment A’s lease expires 12/31; the remaining apartments are leased through 7/31/27. Tenants pay gas and electricity, while the owner covers water, sewer, trash, and heat.
Key Highlights
- 7 apartments, each with one bedroom, one full bathroom, and a kitchen
- Two HVAC systems serve the lower‑level apartments and upper floors separately
- Coin‑operated washer and dryer in the lower level
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
2,087
Businesses Nearby
Explore this area
Business Placement
Demographics for 52240, IA
34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Johnson County, IA
Properties on Market for Apartment buildings in Johnson County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents can reach downtown and campus on foot from this Iowa City property.
Where is this apartment building located?
The property is located at 20 S Lucas St Iowa City, IA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 7 apartments, each with one bedroom, one full bathroom, and a kitchen; Two HVAC systems serve the lower‑level apartments and upper floors separately; Coin‑operated washer and dryer in the lower level
