80 OLIVE CT, IowaCity IA 52246

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$2,250,000

80 OLIVE CT, IowaCity, IA 52246

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1960

Full Baths

Half Baths

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What an opportunity across from Kinnick Stadium! This property has one single family home of 1,769 sq ft w/4BR-3BA w/ attached garage+full basement. TEN add'l separate apartments. Three tenants have lived there for 10 yrs, 30 yrs & 50 yrs respectively! Average of three year tenancy for the other seven units. GREAT ADDITIONAL INCOME POTENTIAL with game day car parking and/or RV parking w/estimated income of over $22K! Apartments offer impressive opportunity to function as traveling nurse units or Air BnB. All units are rented for Fall 2025 with a rental income of $152,100. Laundry room connects the house to apartments. This property has been in the same family's portfolio since the 60's and is self managed. It is well cared for by the owners with updates in the home and most apartments in recent years. A real gem with outstanding opportunities!

Location
Subdivision	Lytham Condos
County	Johnson
Elementary School	Horn
Middle School	Northwest
High School	West

Driving directions

Open houses

None scheduled.

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MLS number: 202500521

Listing agent: Le Ann Dunne

Listing broker: Lepic-Kroeger, Realtors (319) 351-8811

Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, February 4 2025 at 11:04 a.m. EST

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