1240-1242 Dolen Place
Iowa City, IA 52246
MLS #20176060

Multi Family
  • 2units
Est. P&I payment: $1756.89/mo
Description for 1240-1242 Dolen Place, Iowa City, IA 52246
This duplex is in great shape. Live in one side and rent out the other side! Rare investment property on the west side of Iowa City. One side has been completely renovated and the other side has a long term tenant. Close to shopping, grocery store, bus line, U of I Hospitals and Kinnick. 1240 is leased through July of 2018. Tenant pays all utilities and manages snow and lawn care. One seller is a licensed realtor in the State of Iowa.
MLS #20176060
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My Notes for MLS #20176060

General Features

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Units Total: 2
  • New Construction: No
  • Year Built: 1984
  • SqFt Above: 1,904
  • Zoning: OPHD8
  • Lot Dimensions: na
  • Type Multi Family: 1 Story

Exterior Features

  • Parking: Garage

Interior Features

  • Unit 1 Number: 1,240
  • Unit 1 Dining Room: Yes
  • Unit 1 Living Room: Yes
  • Unit 1 Full Baths: 2
  • Unit 1 Bedrooms: 3
  • Unit 2 Number: 1,242
  • Unit 2 Dining Room: Yes
  • Unit 2 Living Room: Yes
  • Unit 2 Full Baths: 2
  • Unit 2 Bedrooms: 3
  • Unit 3 Number: na
  • Unit 3 Dining Room: No
  • Unit 3 Living Room: No
  • Unit 4 Dining Room: No
  • Unit 4 Living Room: No
  • Number of Fireplaces: 2
  • SqFt Lower: 1,666
  • Basement: Sump Pump,​Partial,​Walkout

Utility Features

  • Appliances - Unit 1: Dishwasher,​Disposal,​Range/Oven,​Refrigerator,​Smoke/Fire Alarm
  • Appliances - Unit 2: Dishwasher,​Disposal,​Range/Oven,​Refrigerator,​Smoke/Fire Alarm
  • Internet: No
  • Maintenance Annually: 1,600
  • Insurance Annually: 1,533
  • Amenities: Sidewalks,​Street Lights,​On Bus Line
  • Cooling: Gas,​Central
  • Energy related: Water Heater-Gas
  • Heating: Gas,​Central
  • Laundry: Hookups In Unit
  • Utilities available: Cable Paid by Ind.,​Electricity Ind. Meters,​Garbage Paid by Ind.,​Gas Ind. Meters,​Water Ind. Meters,​Other- See Remarks
  • Water/Sewer: City Sewer,​City Water

Financial Features

  • Sale/Lease: For Sale
  • Variable Rate: No
  • Gross Tax (County & City): 6,257.12
  • Unit 2 Monthly Rent: 1,795
  • Unit 1 Monthly Rent: 1,395
  • Fee includes: None
  • Lease Term Unit 1: Years
  • Lease Term Unit 2: Other- See Remarks
  • Lease Term Unit 3: None
  • Lease Term Unit 4: None
  • Possible finance: 1031 Exchange,​Cash,​Conventional
  • Foreclosure: NO

Community Features

  • Area: Iowa City
  • City: Iowa City
  • Subdivision: na
  • County: Johnson

School Features

  • Elementary School: Weber
  • Middle School: Northwest
  • High School: West

Miscellaneous Features

  • Construction: Brick,​Vinyl


Street View Not Available
Directions to 1240-1242 Dolen Place, Iowa City, IA 52246
From Mormon Trek Blvd turn east onto Abbey Lane, left onto Dolen Place.
The listing information for 1240-1242 Dolen Place, Iowa City, IA 52246 was graciously provided by our friends at the listing brokerage, Skogman Realty Co. IC

Get Financing for 1240-1242 Dolen Place, Iowa City, IA 52246

Hills Bank & Trust
Andy Brandt
1009 2nd St.
Coralville, IA 52241
319-358-6113 Office
319-594-7725 Mobile
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P&I Payment $1756.89
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Hawkeye's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Hawkeye, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 03/17/2018 at 9:29am
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