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WSG CRE
WSG CRE
WSG CRE
WSG CRE
Property Details
- Property Type Multi-Family
- Property Size 2,557 SF
- Units 2
- Lot Size 0.17 Acre
- Cap Rate % 6.69
- NOI / YR $46,505.00
- # of Floors 2
- Year Built 1900
- Date Updated Nov 6, 2026
230 S Dodge Street is a multifamily investment opportunity located in Iowa City, Iowa. Constructed in 1900, the property features two residential units within a single building and is situated on a 0.165-acre lot. Positioned near the University of Iowa campus and downtown Iowa City, the property is well-suited to benefit from the area's strong and consistent rental demand.
Located in one of Iowa’s most established rental markets, the property offers convenient access to the University of Iowa, University of Iowa Health Care, downtown amenities, and major employment centers. With a proforma NOI of $46,505 and a 6.69% cap rate, the offering provides stable cash flow and long-term investment potential in a highly desirable location.
Reach out to the broker for more info on lease terms and amenities
Getting around
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88/100
Walk Score ®
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47/100
Transit Score ®
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71/100
Bike Score ®
Location
- City Iowa City, IA
- Neighborhood College Green
- Zip Code 52240
Points of Interest
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Limelight Chauffeurs
3.75 miles
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L&M Mighty Shop
0.15 miles
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ChargePoint
0.22 miles
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Kum & Go
0.26 miles
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Casey's General Store
0.55 miles
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Mobile 1 Lube Express
0.84 miles
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Kum and Go
0.88 miles
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Kwik Star
1.06 miles
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Hy-Vee Gas
1.07 miles
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Iowa City Supercharger
1.24 miles
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Lot 22
0.20 miles
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Chauncey T. Swan Ramp - Lot 82
0.21 miles
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Tower Place Ramp - Lot 92
0.34 miles
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Dubuque Street Ramp - Lot 72
0.36 miles
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Plaza Ramp
0.38 miles
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Dodge Street Ramp
0.41 miles
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Court Street Ramp - Lot 12
0.42 miles
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Capitol Street Ramp - Lot 62
0.52 miles
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Lot 36
0.57 miles
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Lot 21
0.59 miles
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Hotel Chauncey Iowa City, Tapestry Collection by Hilton
0.23 miles
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Hilton hotelVetro Iowa City
0.35 miles
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Hyatt Place Iowa City/Downtown
0.36 miles
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Graduate by Hilton Iowa City
0.39 miles
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Marriott Element Iowa City
0.46 miles
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Hilton Garden Inn Iowa City Downtown University
0.47 miles
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Iowa House Hotel
0.74 miles
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Hampton Inn Iowa City/University Area
0.94 miles
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Alexis Park Inn
1.20 miles
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Courtyard Iowa City University Heights
1.37 miles
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New Pioneer Food Co-op
0.22 miles
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Bowery Street Grocery Store
0.30 miles
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Bread Garden Market
0.36 miles
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John's Grocery
0.43 miles
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Target
0.45 miles
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University Capitol Center
0.52 miles
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Asia Plus
0.53 miles
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Natural Grocers
0.98 miles
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Hy-Vee
1.08 miles
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Panaderia Acapulco 2
1.17 miles