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320 2nd St, Coralville, IA, 52241
Mixed-Use Apartment Building

320 2nd St Coralville, IA 52241

New
For Sale
$5,950,000

MULTI_FAMILY - Coralville, IA

Days on Market3

Property Features for 320 2nd St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
I2
Bathrooms
1
Rooms
Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
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
Forced Air, Natural Gas
Cooling system
Central Air, Window Unit(s)

Building Details

Year built
1963
Flooring type
Carpet, Tile
Building materials
Wood, Brick, Frame
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #IA B33730000
Added: Jul 22 Last Checked: Jul 24 at 1:06PM
MLS# 202604575

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.


Investment Insights

Based on property information with market context.

This mixed-use apartment building includes short-term rentals with a unit mix of 80 studio/1-bedroom units, two two-bedroom units, and one three-bedroom unit. Most residential units are located in a wrap-around building to the south, at the rear of the property. A management office is located on part of the first floor of the north building.

The north building also contains vacant commercial space in need of a tenant, including approximately 3,500 feet of vacant commercial area on the balance of the first floor. In addition, there is about 1,000 feet on the second floor of the north building that is currently a vacant commercial suite.

The property is zoned I2, providing a combined residential and commercial configuration across the north and south structures.

Key Highlights

  • Income property combining short‑term rental units and vacant commercial space
  • Short‑term rental mix includes 80 studio/1‑bedroom units, 2 two‑bedroom units, and 1 three‑bedroom unit
  • Vacant commercial space totaling about 3,500 SF on the north property plus an additional 1,000 SF second‑floor commercial suite

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Building Supply Grocery & Convenience Store HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Garden Center Kitchen & Bath Showroom Electrical Service Computer & Electronic Repair Big Box & Wholesale Store

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

FAQs

What type of property is this?
Short term rental property - Apartment building combines short-term rentals with vacant commercial space on the north building.
Where is this short term rental property located?
The property is located at 320 2nd St Coralville, IA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: Income property combining short‑term rental units and vacant commercial space; Short‑term rental mix includes 80 studio/1‑bedroom units, 2 two‑bedroom units, and 1 three‑bedroom unit; Vacant commercial space totaling about 3,500 SF on the north property plus an additional 1,000 SF second‑floor commercial suite
More about this property
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