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2203 Muscatine Ave, Iowa City, IA, 52240
Redevelopment Corner Multifamily Site

2203 Muscatine Ave Iowa City, IA 52240

For Sale
$1,900,000

Income-producing multifamily property plus adjacent city-owned parcel creates a combined redevelopment site totaling 1.07 acres.

Lot Size0.87 Acres
Days on Market116

Property Features for 2203 Muscatine Ave

General Information

Standard status
Active
Lot size
0.87 Acres
Property subtype
General Commercial

Building Details

Year Built
1930
Listing Agency: Keystone Realty MB, LLC
Listed By: Rusty Helm · License #13354
Source: Xome
Added: Mar 31 Changed: Jul 23 Last Checked: Jul 23 at 9:02AM

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 Keystone Realty MB, LLC


Investment Insights

Based on property information with market context.

This income-producing multifamily property is being offered with strong long-term redevelopment potential, alongside an adjacent city-owned parcel. The configuration allows for a combined site and supports a redevelopment concept at a signalized hard corner, while maintaining income from the existing multifamily property.

The private land totals 0.87 acres, and the adjacent city parcel adds an additional 0.20 acres, for a total of 1.07 acres. The offering is positioned to support redevelopment with visibility and traffic exposure at the prominent intersection.

For buyers seeking control of an intersection redevelopment site that can include existing income during the transition, this combined package provides a defined land footprint suitable for redevelopment planning.

Key Highlights

  • Income‑producing multifamily property plus adjacent city‑owned parcel for a combined redevelopment site totaling 1.07 acres
  • Land totals 0.87 acres, with the adjacent City parcel adding 0.20 acres
  • Central air cooling and composition roof

Property Analytics

Location Intelligence

Current Use by Public Records

American Prosthetics & Orthotics: ... Orthotics & Prosthetics Service Michelle Hall Physician

Suggested Use

Real Estate Agency Law Firm Restaurant Auto Repair Shop Big Box & Wholesale Store Skin Care Clinic Hair Salon Grocery & Convenience Store Nail Salon Electrical Service

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

FAQs

What type of property is this?
Multifamily property - Income-producing multifamily property plus adjacent city-owned parcel creates a combined redevelopment site totaling 1.07 acres.
Where is this multifamily property located?
The property is located at 2203 Muscatine Ave Iowa City, IA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Income‑producing multifamily property plus adjacent city‑owned parcel for a combined redevelopment site totaling 1.07 acres; Land totals 0.87 acres, with the adjacent City parcel adding 0.20 acres; Central air cooling and composition roof
More about this property
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