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    Coralville Duplex with Rental History Title is generated by Realmo AI

    712 19th Ave, Coralville, IA 52241

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    Claim this Listing
    Pending
    $319,900

    Multi Family, Twostories - Coralville, IA

    Property size:
    2,250 SF
    Added:
    Apr 30, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 19 at 4:06 pm

    Property Features for 712 19th Ave

    General Information

    Property type
    Residential Multi Family
    Zoning
    Residential
    Parking features
    Off Street, On Street
    Interior features
    Breakfastarea
    Appliances
    Dishwasher, Dryer, Microwave, Oven, Range, Washer
    Standard status
    Pending
    APN
    1006277004
    Size
    2,250 SF

    Taxes and HOA fees

    Tax Annual Amount
    5066

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1976
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    Teresa Morrow
    Teresa Morrow

    Listing agent Teresa Morrow

    Listing office Blank & McCune Real Estate 506 E College St, Iowa City, IA

    Listing date Apr 30, 2026

    MLS# 202602889 Listing URL

    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

    • Fully leased duplex providing immediate rental income.
    • Excellent rental history indicating stable investment.
    • Convenient location near shopping and parks.
    • Includes essential appliances: dishwasher, dryer, microwave, oven, range, washer.
    • Features central air conditioning and natural gas heating.
    • Large backyard.

    Overview

    This is a fully leased duplex with a history of rentals. The property includes a large backyard and is situated in a location convenient to shopping and parks. The property is located in Coralville, Iowa. The building has two stories. The property size is 2250 square feet. The zoning is residential.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $31.1k $13.80
    − Vacancy −$1.4k −$0.62
    EGI $29.7k $13.18
    − OpEx −$8.9k −$3.95
    NOI $20.8k $9.23
    2,250 SF · lease $13.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $296.5K
    $259.5K – $346.0K (±1% cap)
    NOI $20,757 @ 7.0% cap · market cap 6.49%
    Second Best
    Apartment 5plus
    $274.9K
    $240.6K – $320.8K (±1% cap)
    NOI $19,246 @ 7.0% cap · market cap 6.02%
    Theoretical Best
    Office A
    $488.8K
    $427.7K – $570.2K (±1% cap)
    NOI $34,214 @ 7.0% cap · market cap 10.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.589539
    Latitude
    41.681498

    FAQs

    What type of property is this?
    Duplex - Fully leased duplex near shopping and parks in Coralville, Iowa.
    Where is this duplex located?
    The property is located at 712 19th Ave Coralville, IA.
    What is the asking price?
    The asking price for this property is $319,900.
    What are key features of this property?
    This property features: Fully leased duplex providing immediate rental income.; Excellent rental history indicating stable investment.; Convenient location near shopping and parks.
    More about this property
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