Kris Barrientos
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Property Description
Whether you're an investor chasing yield or an owner looking to house hack your way into real estate, 2407 Petsel Place checks every box. This fully remodeled two-story duplex delivers a great cap rate with two income streams built in ? a short-term rental upstairs and a long-term tenant downstairs ? both units freshly updated in 2025 and ready to cash flow from day one. Location does the heavy lifting here. Situated less than 2 miles from the University of Iowa, UI Hospitals & Clinics, and Kinnick Stadium, this property sits in one of Iowa's most consistent rental corridors ? low vacancy, steady demand, and a tenant pool that never dries up. Add a grocery store nearby and direct access to the Iowa City bus line, and you have a property that practically rents itself. Live downstairs, collect rent upstairs ? or add it to your portfolio as a standalone acquisition or part of a larger Iowa City package that is currently available.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished
Cooling: Central Air
Fireplaces: 1
Garage: 2 car attached
Heating: Forced Air, Gas, Natural Gas
Home Style: Duplex
Lot Size: 0.20 Acres
Roof Type: Asphalt, Shingle
Taxes: $5,530
Year Built: 1900
Amenities
Eat-in Kitchen
Deck
Patio
Feature Descriptions
Appliances: Dishwasher, Microwave, Refrigerator, Stove
Community Features: Sidewalks
Days on Site: 22
Exterior: Vinyl Siding
Fencimg: Chain Link, Wood
Flooring: Hardwood, Laminate, Tile, Vinyl
Laundry: Main Level, Upper Level
Parcel#: 1017233007
Parking: Attached, Garage, Two Car Garage
Parking Notes: Attached, Garage, Two Car Garage
Patio/Porch: Deck, Open, Patio
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Iowa City
Listed By / Shown By
Listed By
Agency Name: Realty ONE Group Impact
Agency Phone: (515) 446-7524
Shown By
Agent Name: Kris Barrientos
Agent Phone: (515) 290-8531
Agency Title: Hunziker & Associates, REALTORS
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Estimated Payment
$ 3,156.33 per month $2,548.50 Principal & Interest $460.83 Property Tax $147.00 Homeowner's InsuranceChange Payment Information
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2407 Petsel Place | MLS# 743899
This multi-family property located at 2407 Petsel Place, Iowa City, IA 52246 is currently listed for sale with an asking price of $504,000. Petsel Place is located within the Iowa City school district. Search Iowa City real estate on krisb.hunzikerrealty.com today.