320 2nd St, Coralville, IA 52241
- Added:
- Feb 6, 2026
- Days on Market:
- 146
- Last Refresh:
- Jul 2 at 9:06 am
Property Features for 320 2nd St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- I2
- Bathrooms
- 1
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 3
- Parking
- 4
- Parking features
- Off Street
- Appliances
- RangeOrOven, Refrigerator, Microwave
- Standard status
- Active
- APN
- 1008205005
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 30748
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air, Window Unit(s)
Building Details
- Year built
- 1963
- Flooring type
- Tile, Carpet
- Building materials
- Wood, Brick, Frame
Listing agent Jeff Edberg License #IA B33730000 (319) 331-6187
Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD SUITE #2000, Iowa City, IA (319) 351-8811
Listing date Feb 6, 2026
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.
HighLights
- Iowa Lodge property with short‑term rental and commercial rental components
- Short‑term rentals include 80 studio/1‑bedroom units, 2 two‑bedroom units, and 1 three‑bedroom unit
- Wrap‑around south building houses most residential units; management office on part of the first floor of the north property
- Includes about 3,500 SF vacant commercial space on the north property plus a vacant commercial suite of about 1,000 SF on the second floor
- Built in 1963 with natural gas forced‑air heating and central air plus window unit(s)
- Financial highlights indicate just over a 10% capitalization rate (see attached pro‑forma)
Overview
In addition to the residential component, the north building includes commercial space that is currently vacant. Approximately 3,500 square feet of first-floor commercial space is vacant, and there is also a vacant commercial suite on the second floor of the north building with approximately 1,000 square feet. The property is zoned I2.
For tenants, buyers, or operators, the configuration supports an owner or operator looking to combine lodging-style accommodations with leasing space in the same asset. Prospective commercial tenants may be interested in the available first- and second-floor suites within the north building, while the residential short-term rental component provides on-site housing in a single, integrated property. All information should be confirmed through the attachments and due diligence.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Coralville
- County
- Johnson
- State
- Iowa
- Longitude
- -91.571035
- Latitude
- 41.670138
