Brad Cole

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504 2nd AveCoralville, IA 52241

Multi-Family
$725,000 Active

504 2nd Ave Overview

Time on Site:
95 days
Visits:
9

6-plex Multi-family building with excellent rental history. 5 units are 748sf with 2 bdrm/1 bath and one off-street parking space. 1 Unit is 1 Bdrm/1 bath with several large closets. Close to IRL, U of I Hospitals and Kinnick as well as many restaurants, coffee shops and just a hop away from two major interstates. Close proximity to bus lines as well.

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504 2nd Ave Facts & Features

  • Type Multi-Family

Details

General

Association/HOA

  • Association Fee: 0

School Information

  • Elementary School: Central
  • Middle Or Junior School: Northwest
  • High School: West

Income/Expenses

  • Gross Income: 74100

Building Information

  • New Construction: No
  • Year Built: 1983

Location/Region

  • County Or Parish: Johnson
  • MLS Area Major: Coralville
  • Subdivision Name: CORALVILLE (ORIGINAL TOWN

Community/Development

  • Community Features: Sidewalks,Close to School,Close to Shopping

Tax Information

  • Tax Year: 2023

General Information

  • Property Sub Type: Multi-Family
  • Property Type: MULTI-FAMILY
  • Zoning: RES

Interior

Building Interior

  • Above Grade Finished Area: 2244

General Information

  • Appliances: Dishwasher,Range/Oven,Refrigerator
  • Basement: Slab
  • Fireplaces Total: 0

Exterior

Parking Information

  • Parking Total: 4 or More Cars

Lot Information

  • Lot Size Dimensions: 9,255 SF

General Information

  • Number Of Units Total: 6

504 2nd Ave Neighborhood

Community

52241 (Coralville) Demographics

33
Median Age
1,795
Population Density (per sq. mile)
68%
College Educated
$68,038
Estimated Median Income
4,683
Estimated Total Home Owners
4,007
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

504 2nd Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

504 2nd Ave Market Data

Based on the last 30 days in this zip code

$380,032
Average List Price
$201
Average Price per Square Foot
83
Properties Sold
105
Average Days on Market
290
Properties for Sale
Calculations provided by Reliance Network

504 2nd Ave History

Date Event Value Agent
4/1/2026Source: Iowa City MLS Status Change
Active
3/26/2026Source: Iowa City MLS Added to Database
March 26, 2026
3/26/2026Source: Cedar Rapids Area MLS Added to Database
March 26, 2026
Listing provided courtesy of Lepic-Kroeger, REALTORS- MLS# 202602020MLS Provider