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WSG CRE
WSG CRE
WSG CRE
WSG CRE
Property Details
- Property Type Multi-Family
- Property Size 2,975 SF
- Units 2
- Lot Size 0.14 Acre
- Cap Rate % 6.9
- NOI / YR $58,623.00
- Date Updated Nov 6, 2026
717 & 719 E Jefferson Street is a 2-unit multifamily investment opportunity located in Iowa City, Iowa. Constructed in 1915, the property features two spacious units, including one 5-bedroom, 2.5-bath unit and one 5-bedroom, 2-bath unit. Situated on a 0.138-acre lot, the property offers an attractive housing option in a highly sought-after location near the University of Iowa.
Positioned just east of downtown Iowa City and within walking distance of the University of Iowa campus, the property benefits from strong and consistent rental demand. With a proforma NOI of $58,623 and a 6.90% cap rate, the offering provides stable cash flow and long-term investment potential in one of Iowa’s strongest rental markets.
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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76/100
Bike Score ®
Location
- City Iowa City, IA
- Neighborhood College Green
- Zip Code 52245
Points of Interest
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Limelight Chauffeurs
3.63 miles
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ChargePoint
0.27 miles
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L&M Mighty Shop
0.33 miles
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Casey's General Store
0.42 miles
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Kum & Go
0.42 miles
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Iowa City Supercharger
0.96 miles
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Hy-Vee Gas
0.98 miles
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Mobile 1 Lube Express
1.03 miles
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Dan's Short Stop
1.15 miles
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Kum and Go
1.16 miles
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Dodge Street Ramp
0.14 miles
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Plaza Ramp
0.18 miles
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Chauncey T. Swan Ramp - Lot 82
0.29 miles
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Tower Place Ramp - Lot 92
0.32 miles
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Lot 22
0.34 miles
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Dubuque Street Ramp - Lot 72
0.47 miles
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Lot 21
0.51 miles
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North Campus Parking Ramp
0.53 miles
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Lot 9
0.54 miles
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Court Street Ramp - Lot 12
0.56 miles
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Hotel Chauncey Iowa City, Tapestry Collection by Hilton
0.32 miles
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Hilton hotelVetro Iowa City
0.44 miles
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Graduate by Hilton Iowa City
0.48 miles
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Hyatt Place Iowa City/Downtown
0.55 miles
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Marriott Element Iowa City
0.58 miles
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Hilton Garden Inn Iowa City Downtown University
0.60 miles
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Iowa House Hotel
0.69 miles
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Hampton Inn Iowa City/University Area
1.16 miles
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Alexis Park Inn
1.44 miles
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Courtyard Iowa City University Heights
1.45 miles
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New Pioneer Food Co-op
0.21 miles
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John's Grocery
0.27 miles
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Bread Garden Market
0.45 miles
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Target
0.49 miles
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Bowery Street Grocery Store
0.57 miles
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University Capitol Center
0.58 miles
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Asia Plus
0.61 miles
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Hy-Vee
1.05 miles
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Natural Grocers
1.26 miles
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Panaderia Acapulco 2
1.46 miles