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504 Second Avenue Coralville, IA 52241 Multi Unit - Multiple Active

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Description

Exceptional investment opportunity to acquire a portfolio of income-producing properties in Coralville and Tiffin. Properties may be purchased individually or together as a bundled investment package, offering flexibility for investors of all sizes. This package includes 805/807 20th Ave, a well-maintained duplex in a convenient location near downtown Coralville featuring a new HVAC system installed in 2025; 504 2nd Ave, a well-maintained 6-unit multifamily property with an excellent rental history, ideally located near Iowa River Landing, University of Iowa Hospitals & Clinics, Kinnick Stadium, restaurants, coffee shops, bus lines, and major interstates; and 530 and 534 in Tiffin, attached condos featuring cozy gas fireplaces in one of the Corridor's fastest-growing communities. Whether you're expanding an existing portfolio or looking for a turnkey investment with diversified rental income, this rare offering provides desirable locations, established rental history, and outstanding long-term investment potential.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 4,488
County: Johnson
High School: West
Listed By:
LEPIC-KROEGER, REALTORS Monica Hayes 319-351-8811
Cedar Rapids MLS
$1,150,000
Est. $7,675/mo
4,488sqft
New to the Market Active
BEDS0 BATHS SQUARE FEET4,488 MLS#2605069
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Get in Touch

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Shown By

Agent Name: Nathan Stout
Agent Phone: (309) 507-0571
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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504 Second Avenue , Coralville, IA 52241.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,150,000$1,150,000$1,150,000
Down Payment $40,250$0$230,000
Monthly Mortgage Amount $6,953$7,233$5,740
Taxes $1600$1600$1600
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $690$0$0
Monthly Estimated Total $9,577$9,168$7,675

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About this area

Iowa/Coralville
Coralville

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Find homes for sale in Coralville, IA and learn about the local community and real estate market.

Coralville is a suburb of Iowa City and is located in Johnson County, Iowa. It had a population of 18,907 according to the 2010 census which is up 25% from the previous census.

Ruhl&Ruhl Realtors has plenty of homes for sale in Coralville, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Coralville.

Coralville is about an hour west of the Quad Cities and two hours east of state capital, Des Moines. The city is very close with Iowa City and all the amenities that the University of Iowa has to offer. View homes for sale in the Iowa City area for more real estate options.

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Nearest Ruhl&Ruhl Office
1075 Highway 1 West
Iowa City, IA 52246
Phone Number: (319) 339-8111

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