Sold
Last Sold Price
2 baths1,984 sqft
40 East 2nd Street, Riverside, IA 52327
Multi FamilyProperty Type
0.22 acresLot Size
1900Year Built
$63/sq ftPrice per sq ft

Description

Investment opportunity in Riverside. Great rental history. Located close to downtown, restaurants, coffee shop, post office, laundry and parks. Property is being sold "AS IS". Leases available upon request. 24 hour notice to show.Investment opportunity in Riverside. Great rental history. Located close to downtown, restaurants, coffee shop, post office, laundry and parks. Property is being sold "AS IS". Leases available upon request. 24 hour notice to show.
  • Listed by: Kris Westfall 319.330.6644 kwestfall@iowarealty.com • Iowa Realty
Listing closed: 04/01/2021 12:00 AM • Source: Iowa City Area AOR, MLS#: 202100617

Recent comparable sales

Median sold price

$412,000

Riverside, IA

9 comparable properties found

1

$775,000

Sold 06/20/25

Unavailable
Bedrooms
2
Bathrooms
1,856
Square Feet
0.2
Acres
2

$640,000

Sold 04/25/26

Unavailable
Bedrooms
2
Bathrooms
1,960
Square Feet
0.25
Acres
3

$755,000

Sold 03/15/25

Unavailable
Bedrooms
2
Bathrooms
2,214
Square Feet
0.21
Acres
4

$310,000

Sold 12/16/24

Unavailable
Bedrooms
2
Bathrooms
2,234
Square Feet
0.11
Acres
5

$100,000

Sold 01/16/25

Unavailable
Bedrooms
2
Bathrooms
2,190
Square Feet
0.22
Acres
6

$412,000

Sold 08/21/25

Unavailable
Bedrooms
1.75
Bathrooms
1,810
Square Feet
0.27
Acres
7

$495,000

Sold 07/28/26

Unavailable
Bedrooms
2
Bathrooms
2,361
Square Feet
0.14
Acres
8

$235,000

Sold 06/03/26

Unavailable
Bedrooms
2
Bathrooms
2,385
Square Feet
0.11
Acres
9

$300,000

Sold 12/09/24

Unavailable
Bedrooms
2
Bathrooms
2,096
Square Feet
0.21
Acres

Location

Listing Courtesy of Iowa Realty

Sold By Skogman Realty Co.

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Payment Calculator

$838 per month

30 year fixed, 6.71% Interest

Principal and Interest

$641

Property Taxes

$197

HOA Dues

$0

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Property Information for 40 East 2nd Street

Property Details
  • Taxes: $2,369 / year
  • MLS Type: Residential / Multi Family
  • Zoning: Residential
Building Information
  • Residences: 2
  • Year Built: 1900
  • Lot Size: 0.22 AC / 9,750 SF
Summary
Location and General Information
  • Directions: Hwy 22 into Riverside, North on Green, West on 2nd.
  • Latitude: 41.480253
  • Longitude: -91.58077803
  • MLS Area Major: SWQuadrant
Taxes and HOA
  • Association Fee Frequency: Annually
  • Association: No
  • Parcel Number: 0030418237004
  • Tax Annual Amount: $2,369.00
  • Tax Year: 2019
School Information
  • Elementary School: Riverside
  • High School: Highland
  • Middle Or Junior School: Highland
Property
Lot Information
  • Lot Size Dimensions: 75x130
Property and Assessments
  • Above Grade Finished Area: 1984.0
  • Living Area: 1984.0
  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
Building Features
  • Construction Materials: Aluminum Siding
Green Features
  • Green Verification: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Park, Playground, Sidewalks, Street Lights
Interior Features
  • Appliances: Refrigerator
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Has Heating: Yes
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Unit Information
Unit 1
  • Description: Unit has living room. Half bath count: 0. 3/4 bath count: 0.
  • Baths Total: 1
  • Total Rent: $550.00
Unit 2
  • Description: Unit has living room. Half bath count: 0. 3/4 bath count: 0.
Unit 3
  • Description: Unit has living room. Half bath count: 0. 3/4 bath count: 0.
Unit 4
  • Description: Unit has living room. Half bath count: 0. 3/4 bath count: 0.
  • Baths Total: 1
  • Total Rent: $450.00

Property History for 40 East 2nd Street

DateEvent & SourcePriceAppreciation
Apr 1, 2021

Sold

Iowa City Area AOR #202100617

$124,000
Apr 1, 2021

Contract Signed

Iowa City Area AOR #202100617

Jan 27, 2021

Listed (Active)

Iowa City Area AOR #202100617

$133,000
DateEvent & SourcePrice
04/01/2021

Sold

Iowa City Area AOR #202100617

$124,000
04/01/2021

Contract Signed

Iowa City Area AOR #202100617

01/27/2021

Listed (Active)

Iowa City Area AOR #202100617

$133,000

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

Schools near 40 East 2nd Street

This home is within Highland Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Riverside Elementary School
PublicPK to 5

Highland Middle School
Public6 to 8

Highland High School
Public9 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: 40 East 2nd Street, Riverside, IA 52327
$124,000
2
1,984
9,750
$182,000
3
2,334
$182,000
4
2,436
3,060
$170,000
3
1,480
13,000
4,312
2,600
$30,000
59,241

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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 Iowa Realty

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.