Six-Unit Multifamily
For Sale
$1,150,000
504 2nd Ave, Coralville, IA 52241
Residential, Coralville, IA
Property SizeContact for details
Days on Market67
Property Features for 504 2nd Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bathrooms
1
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
Parking
4
Parking features
Off Street
Interior features
KitDiningRmComb
Appliances
Dishwasher, RangeOrOven, Refrigerator
Subdivision
CORALVILLE (ORIGINAL TOWN
Elementary school
Central
Middle school
Northwest
Directions
1st Avenue in Coralville, turn west on 5th Street turn north on 2nd Avenue - 6 plex on your left.
Standard status
Active
APN
1005453003
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5446
Utilities
Heating system
Baseboard, Steam
Cooling system
Window Unit(s)
Amenities
gas fireplaces
Building Details
Year built
1983
Building materials
Brick, Vinyl, Frame
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Monica Hayes · License #S61528
(319) 325-8659
Added: Jul 15
Changed: Sep 14
Last Checked: Sep 19 at 9:06AM
MLS# 202604509
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 six-unit multifamily property at 504 2nd Ave in Coralville was built in 1983 and features brick, vinyl, and frame construction. The building includes a combined kitchen and dining area, four bathrooms, dishwashers, ranges, and refrigerators. Heating is provided by steam and baseboard systems, with window-unit cooling, while off-street parking serves the property.
The property is positioned near Iowa River Landing, University of Iowa Hospitals & Clinics, Kinnick Stadium, restaurants, coffee shops, bus lines, and major interstates. Residential zoning supports its multifamily use, and the property is described as having an established rental history.
The property is positioned near Iowa River Landing, University of Iowa Hospitals & Clinics, Kinnick Stadium, restaurants, coffee shops, bus lines, and major interstates. Residential zoning supports its multifamily use, and the property is described as having an established rental history.
Key Highlights
- Six‑unit multifamily property at 504 2nd Ave, Coralville, IA 52241
- Built in 1983 with brick, vinyl, and frame construction
- Residential zoning designation: RES
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,188
Businesses Nearby
Explore this area
Business Placement
Demographics for 52241, IA
22,319
Population
10,294
Households
2.2
Avg Household Size
34
Median Age
57%
College-Educated
95%
High-School Grad
13.5 sq mi
ZIP Area
1,653
Density / Sq Mi
$66,508
Median Household Income
$40,504
Median Earnings
$1,021
Median Rent
$286,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Established multifamily property with off-street parking, residential zoning, and convenient access to Coralville destinations.
Where is this multifamily property located?
The property is located at 504 2nd Ave Coralville, IA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Six‑unit multifamily property at 504 2nd Ave, Coralville, IA 52241; Built in 1983 with brick, vinyl, and frame construction; Residential zoning designation: RES
