Sold
Last Sold Price
2,016 sqft
216 West Elm Street, Unit 3, Lone Tree, IA 52755
Multi FamilyProperty Type
0.16 acresLot Size
1976Year Built
$89/sq ftPrice per sq ft

Description

The perfect investment! 20 minutes to Iowa City! Triplex in excellent condition with great rental history. One unit currently vacant with all new first level flooring & fresh paint throughout. Leaving vacant for showing purposes. New windows & new roof in 2012. Walking distance to school. Vacant unit show anytime. 24 Hour Notice to show entire building.The perfect investment! 20 minutes to Iowa City! Triplex in excellent condition with great rental history. One unit currently vacant with all new first level flooring & fresh paint throughout. Leaving vacant for showing purposes. New windows & new roof in 2012. Walking distance to school. Vacant unit show anytime. 24 Hour Notice to show entire building.
  • Listed by: Lou Hogan Kessler 319.351.1479 loukessler@urbanacres.com • Lepic-Kroeger Corridor, REALTORS
  • Listed by: Ainsley Snyder 319.775.2420 ainsleysnyder@urbanacres.com • Lepic-Kroeger Corridor, REALTORS
Listing closed: 07/31/2015 12:00 AM • Source: Iowa City Area AOR, MLS#: 20153834

Recent comparable sales

Median sold price

$336,150

Avg days on market

60

Sale-to-list ratio

95.9%

Lone Tree, IA

9 comparable properties found

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Bathrooms
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Square Feet
0.18
Acres
a front view of a house with garden
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2

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Square Feet
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Sold 07/01/25

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$202,500 | 500 South Center Street, Lone Tree, IA 52755
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Square Feet
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Acres
$225,000 | 112 West Mapel Drive, Lone Tree, IA 52755
1/36
7

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Sold 03/20/26

3
Bedrooms
1,992
Square Feet
0.17
Acres
$179,900 | 401 South Center Street, Lone Tree, IA 52755
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8

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3
Bedrooms
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Square Feet
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Acres
$192,000 | 109 East Pioneer Road, Lone Tree, IA 52755
1/26
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Sold 08/01/25

3
Bedrooms
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Square Feet
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Acres

Location

Listing Courtesy of Lepic-Kroeger Corridor, REALTORS

Sold By Lepic-Kroeger Corridor, REALTORS

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Payment Calculator

$1,241 per month

30 year fixed, 6.71% Interest

Principal and Interest

$930

Property Taxes

$311

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 216 West Elm Street, Unit 3

Property Details
  • Taxes: $3,730 / year
  • MLS Type: Residential / Multi Family
  • Zoning: RS
Building Information
  • Residences: 3
  • Year Built: 1976
  • Lot Size: 0.16 AC / 7,000 SF
Summary
Location and General Information
  • Directions: De Voe Street to West on Elm Street, Go 2 blocks, Triplex on R on corner lot
  • Latitude: 41.486361
  • Longitude: -91.427943
  • MLS Area Major: SEQuadrant
  • Unit Number: 3
Taxes and HOA
  • Association Fee Frequency: Annually
  • Association: Yes
  • Parcel Number: 1709408007
  • Tax Annual Amount: $3,730.00
  • Tax Year: 2013
School Information
  • Elementary School: Lone Tree
  • High School: Lone Tree
  • Middle Or Junior School: Lone Tree
Property
Lot Information
  • Lot Size Dimensions: 50 x 140
Property and Assessments
  • Above Grade Finished Area: 1344.0
  • Below Grade Finished Area: 672.0
  • Living Area: 2016.0
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1976
Building Features
  • Construction Materials: Vinyl Siding
Green Features
  • Green Verification: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks, Street Lights
Interior Features
  • Appliances: Refrigerator
  • Basement: Concrete, Full
  • Has Basement: Yes
  • Cooling: Ceiling Fan(s), Central Air
  • Has Cooling: Yes
  • Heating: Electric, Natural Gas, Forced Air
  • Has Heating: Yes
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Insurance Expense: $1,414

Property History for 216 West Elm Street, Unit 3

DateEvent & SourcePriceAppreciation
Jul 31, 2015

Sold

Iowa City Area AOR #20153834

$180,000
Jul 12, 2015

Contract Signed

Iowa City Area AOR #20153834

Jun 26, 2015

Listed (Active)

Iowa City Area AOR #20153834

$199,900
DateEvent & SourcePrice
07/31/2015

Sold

Iowa City Area AOR #20153834

$180,000
07/12/2015

Contract Signed

Iowa City Area AOR #20153834

06/26/2015

Listed (Active)

Iowa City Area AOR #20153834

$199,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 216 West Elm Street, Unit 3

This home is within Lone Tree Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Rating
School
Distance
Lone Tree Elementary School
PublicPK to 5

Lone Tree Junior-Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 216 West Elm Street, Unit 3, Lone Tree, IA 52755
$180,000
2,016
7,000
$112,000
3
960
7,000
$102,500
4
1,916
7,000
$124,000
4
3,033
14,000
$229,000
3
1,649
10,454
$185,000
3
1,566
7,000

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lepic-Kroeger Corridor, REALTORS

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Iowa City Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. The data is provided from an authorized source. Copyright © 2026 Iowa City Area Association of REALTORS®. All Rights Reserved.