20 S Lucas St, IowaCity, IA 52240
1|Other
AUD $970,076
USD $675,000
Published on: 26 Aug 2026
Last updated on: 13 Sep 2026
Property ID: 110119660206
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Residential, IowaCity, IA
20 S Lucas St, IowaCity, IA 52240
Unique 7 unit apartment building within walking distance of downtown & campus. Each Apt features 1 bedroom, 1 full bath & kitchen. Not a boarding house! Apt D vacated & available, Apt A lease expires 12/31 & rest leased through 7/31/27. Leases range from $400 to $775/Apt currently. Coin laundry washer & dryer in LL. Lower level units feature front and back entry doors. Two separate HVAC units: one for lower level (3 apts) & one for upper two floors (4 apts). Tenants pay gas & electric, Owner covers water, sewer, trash & heat. Detached single car garage currently rented for $50/mo. Buyers to provide Pre-Approval Letter or Proof of Funds with showing requests. Tenants Rights: 48 hour notice for showings: Buyer(s) to agree to 1031 tax-free exchange. Can 1031 bundle with 323 N Lucas St.
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Year Built
1900
Rooms
1 bathroom(s)
Architecture Style
Other
County
Johnson
Parcel ID
1010415008
Provider
Iowa City Area Association of REALTORS®
Subdivision
Iowa City (Original Town)
Brokerage Office Name
RE/MAX Corridor, Inc.
Brokerage Office Phone
(319) 350-0798
Neighbourhoods
Iowa City (Original Town)
Address
20 S Lucas St, IowaCity, IA 52240
Nearby Schools
| Type | School name | District name |
|---|---|---|
| Elementary | Longfellow | Not available |
| Middle | Southeast | Not available |
| Juniorhigh | Southeast | Not available |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2024 | USD $10570 | AUD $15,191* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.com.au nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.com.au recommends that you independently verify any information before relying on it.
Contact Agent
Clay Claussen
RE/MAX Concepts
5235 Buffalo Ridge Dr NE Ste 116, Cedar Rapids, IA 52411
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Clay Claussen
5235 Buffalo Ridge Dr NE Ste 116, Cedar Rapids, IA 52411
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Property ID: 110119660206
Original Property ID: 3yd-ICAARIA-202605179Data provided by Iowa City Area Association of REALTORS®, MLS #: 202605179
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Copyright © 2026 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.
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