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Listed price in listed location currency (USD).
$504,000

422

MLS® 743899

Overview

Key Facts

Type Duplex
Levels Residential
Size 2190 sqft
Garage Yes
Taxes $5,530
Days Active 0
Lot Size 0.203 Acres
Approx. Age 1900
Avg. Price Per Sqft $230
MLS® Number 743899

Property Address: 2407 Petsel Place, Iowa City, IA, 52246

Average square foot calculated using Size range provided by listing agent.

Description

Whether you're an investor chasing yield or an owner looking to house hack your way into real estate, 2407 Petsel Place checks every box. This fully remodeled two-story duplex delivers a great cap rate with two income streams built in — a short-term rental upstairs and a long-term tenant downstairs — both units freshly updated in 2025 and ready to cash flow from day one. Location does the heavy lifting here. Situated less than 2 miles from the University of Iowa, UI Hospitals & Clinics, and Kinnick Stadium, this property sits in one of Iowa's most consistent rental corridors — low vacancy, steady demand, and a tenant pool that never dries up. Add a grocery store nearby and direct access to the Iowa City bus line, and you have a property that practically rents itself. Live downstairs, collect rent upstairs — or add it to your portfolio as a standalone acquisition or part of a larger Iowa City package that is currently available.
MLS® Number743899
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementPartially Finished
DrivewayAttached, Garage, Two Car Garage
Garage Spaces
HeatForced Air, Gas, Natural Gas
A/CCentral Air

Extras

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