https://www.ruhlmortgage.com/GregCotton.html

20 S Lucas St Iowa City, IA 52240 • Multi Unit - Multiple • Active

Save Map
Get In Touch
  • 20 S Lucas St, Iowa City, IA 52240 Main Photo

13 Photos

Description

Unique 7 unit apartment building within walking distance of downtown & campus. Each Apt features 1 bedroom, 1 full bath & kitchen. Not a boarding house! Apt D vacated & available, Apt A lease expires 12/31 & rest leased through 7/31/27. Leases range from $400 to $775/Apt currently. Coin laundry washer & dryer in LL. Lower level units feature front and back entry doors. Two separate HVAC units: one for lower level (3 apts) & one for upper two floors (4 apts). Tenants pay gas & electric, Owner covers water, sewer, trash & heat. Detached single car garage currently rented for $50/mo. Buyers to provide Pre-Approval Letter or Proof of Funds with showing requests. Tenants Rights: 48 hour notice for showings: Buyer(s) to agree to 1031 tax-free exchange. Can 1031 bundle with 323 N Lucas St.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 4
County: Johnson
High School: City
Subdivision: Iowa City (Original Town)
Listed By:
RE/MAX Concepts CLAY CLAUSSEN 319-395-0101
ICAAR MLS

Units

Unit 1:
Bedrooms: 1
Baths Full: 1
Rent: $400.00
Unit 2:
Bedrooms: 1
Baths Full: 1
Rent: $400.00
Unit 3:
Bedrooms: 1
Baths Full: 1
Rent: $600.00
Unit 4:
Bedrooms: 1
Baths Full: 1
Rent: $725.00
$675,000
Est. $4,549/mo
4beds
4baths
Active
BEDS4 BATHS4 full MLS#202605179
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONIowa City (Original Town)
Get In Touch

Get in Touch

agent picture

Shown By

Agent Name: Dan Kelly
 Agent Phone: (563) 320-5473
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

IDX logo

Contact an agent to learn more about

20 S Lucas St, Iowa City, IA 52240.

Contact Form

Preferred Communication Method:

Mortgage Calculator

Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

Customize Your Loan

Customize Your Rate

Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $675,000$675,000$675,000
Down Payment $135,000$23,625$168,750
Monthly Mortgage Amount $3,413$4,189$4,238
Taxes $939$939$939
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$297$0
Monthly Estimated Total $4,549$5,622$5,374

Customize Your Mortgage

Similar Listings For Sale Sold

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/02/2026. The listing information on this page last changed on 09/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 09/02/2026 12:00:07 AM EST) or MRED MLS (last updated Tue 09/01/2026 11:58:02 PM EST) or SCWMLS (last updated Tue 09/01/2026 11:55:04 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 09/01/2026 10:16:55 PM EST) or Cedar Rapids MLS (last updated Tue 09/01/2026 10:44:50 PM EST) or NEIRBR MLS (last updated Tue 09/01/2026 11:58:40 PM EST) or ICAAR MLS (last updated Tue 09/01/2026 11:37:30 PM EST) or ECIMLS (last updated Tue 09/01/2026 11:44:32 PM EST) or RMLSA (last updated Tue 09/01/2026 11:50:57 PM EST) or Muscatine MLS (last updated Tue 09/01/2026 11:45:10 PM EST) or No Coast MLS (last updated Tue 09/01/2026 11:54:22 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
  


Agent License Information: Licensed in IL & IA

Login to My Homefinder

Forgot Password

Register