Twelve-Unit Multifamily
For Sale
$1,295,000
429-451 S Scott Boulevard, Iowa City, IA 52245
Well-maintained 12-unit building with 2-bedroom, 1-bath units and HVAC replacements completed in May 2022.
Property SizeContact for details
Days on Market13
Property Features for 429-451 S Scott Boulevard
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
12
Building Details
Year Built
9756
Year Renovated
2022
Listing Agency:
Westwinds Real Estate Services, Inc.
(319) 354-3792
Listed By:
Teague Case · License #B62070000
Source:
Kwlegacyrealty
Added: Jul 23
Changed: Jul 24
Last Checked: Aug 3 at 8:51AM
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 Westwinds Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This well-maintained 12-unit multifamily property features 2-bedroom, 1-bath condo-style units with practical layouts designed for everyday living. The building has a history of reliable tenancy, and all furnaces and A/C units were replaced in May 2022.
The property is located on the east side of Iowa City, off Court Street, placing it within reach of schools, public transportation, and local amenities.
For buyers seeking a residential income asset, the current unit configuration and recent HVAC upgrades provide a straightforward, low-complexity ownership profile centered on a consistent rental housing use.
The property is located on the east side of Iowa City, off Court Street, placing it within reach of schools, public transportation, and local amenities.
For buyers seeking a residential income asset, the current unit configuration and recent HVAC upgrades provide a straightforward, low-complexity ownership profile centered on a consistent rental housing use.
Key Highlights
- 12‑unit multi‑family building made up of 2‑bed, 1‑bath condos
- All furnaces and A/Cs replaced in May 2022
- Well‑maintained property with a history of reliable tenancy
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 52245, IA
21,874
Population
10,210
Households
2.1
Avg Household Size
34
Median Age
68%
College-Educated
99%
High-School Grad
8.4 sq mi
ZIP Area
2,604
Density / Sq Mi
$75,876
Median Household Income
$30,273
Median Earnings
$1,215
Median Rent
$293,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 12-unit building with 2-bedroom, 1-bath units and HVAC replacements completed in May 2022.
Where is this apartment building located?
The property is located at 429-451 S Scott Boulevard Iowa City, IA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 12‑unit multi‑family building made up of 2‑bed, 1‑bath condos; All furnaces and A/Cs replaced in May 2022; Well‑maintained property with a history of reliable tenancy
