$750,000
8.0 Units
MLS: 202600035
Situated in the heart of Solon, this 8-plex has a solid rental history and excellent potential for growth. Three of the units have been fully remodeled, while the remaining units are in great condition. The building consists of four units on the main floor and four on the second floor, each featuring two bedrooms and one bathroom, spanning a generous 800 square feet. Roof fully replaced, including the brick veneer, in 2020. Exterior freshly painted in 2025. Please give 48 hours notice. Preapproval required to set up any showings.
MLS #: 202600035
Price: $750,000
Year Built: 1908
Income/Yr: $73,934.00
Expense/Yr: $0.00
Parking: Off Street, On Street
Basement: Partial, Slab
Total Sq Ft: 6400
Electric Expense: $240.00
Gas Annually: $0.00
Maint Expense: $0.00
Insurance Expense: $9,543.00
Gross Tax: $6,178.00
Units: 8.0
Laundry: Upper Level
Energy Generation:
Heat/Cooling: Electric, Natural Gas, Forced Air, Central Air
Elementary: Solon
Middle: Solon
High: Solon
Information deemed reliable but not guaranteed
 | Edge Realty Group 319-351-3355 |
Listing Office: Lepic-Kroeger, REALTORS - Agent: Matthew Lepic - Information furnished by Iowa City Area Association of Realtors