4 Beds
2 Baths
2,190 sqft
$504,000
2407 Petsel Place, Iowa City IA, 52246
Price per sqft$230.14
Built in1900
Property size2,190 sqft
Property typeMulti-family
Overview
Active
Listed Jun 25, 2026
Updated Jul 3
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.
$3,353/mo
Est. mortgage payment based on a $504,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 743899
Interior Features
- Bedrooms
- 4
- Bathrooms
- 2
- Fireplace
- Yes
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.2 Acres
Other Property Details
- Taxes
- $5,530
- Tax Frequency
- Annually
- Garage
- Yes
- 55+/Senior Community
- No
Courtesy of Realty ONE Group Impact, Brenda Phongsavanh,
Listing Contact: (515) 446-7524
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Tiskevics Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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