Redevelopment Corner Multifamily
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
(843) 626-3400
Listed By:
Rusty Helm · License #13354
(843) 626-3400
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.
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
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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