6-Unit Apartment
For Sale
$1,150,000
504 2nd Ave, Coralville, IA 52241
MULTI_FAMILY - Coralville, IA
Property SizeContact for details
Days on Market21
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 2, Bathroom 3, Bathroom 1, Bathroom 4
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
Steam, Baseboard
Cooling system
Window Unit(s)
Building Details
Year built
1983
Building materials
Vinyl, Brick, Frame
Listing Agency:
Lepic-Kroeger, REALTORS
(319) 351-8811
Listed By:
Monica Hayes · License #S61528
(319) 325-8659
Added: Jul 15
Changed: Aug 3
Last Checked: Aug 4 at 9:06PM
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 6-unit apartment building at 504 2nd Ave is a well-maintained multifamily property with an established rental history. Built in 1983, the building uses vinyl, brick, and frame construction materials and includes steam heating with baseboard heat and window-unit cooling.
The property offers off-street parking and includes in-unit appliances such as a dishwasher, range/oven, and refrigerator. Interior features include a combined kitchen and dining room area. The layout includes multiple bathrooms across the units.
The building is located near Iowa River Landing, University of Iowa Hospitals & Clinics, and Kinnick Stadium, with nearby restaurants, coffee shops, bus lines, and major interstates.
The property offers off-street parking and includes in-unit appliances such as a dishwasher, range/oven, and refrigerator. Interior features include a combined kitchen and dining room area. The layout includes multiple bathrooms across the units.
The building is located near Iowa River Landing, University of Iowa Hospitals & Clinics, and Kinnick Stadium, with nearby restaurants, coffee shops, bus lines, and major interstates.
Key Highlights
- 6‑unit multifamily apartment building with established rental history
- Built in 1983 with vinyl, brick, and frame construction
- Steam heat with baseboard heating plus window‑unit cooling
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,021
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
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 - 6-unit apartment building with off-street parking, steam/baseboard heat, and window-unit cooling near major Coralville destinations.
Where is this apartment building 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: 6‑unit multifamily apartment building with established rental history; Built in 1983 with vinyl, brick, and frame construction; Steam heat with baseboard heating plus window‑unit cooling
