Kris Barrientos
.png)
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: 125
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
TOUR THIS HOME
Choose a date and time to see 2407 Petsel Place, Iowa City, IA 52246.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 3,156.33 per month $2,548.50 Principal & Interest $460.83 Property Tax $147.00 Homeowner's InsuranceChange Payment Information
Print This Listingx
Select a format below, new window will open and will prompt you to print.
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.