Property Description
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.
Property Details 2407 Petsel Place, Iowa City, IA 52246
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Estimated Monthly Mortgage Calculator
This calculator is provided by Burrow Services, Inc. for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax, or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.