3938 Iowa Avenue

About this property

Renovated 3-story duplex, with a unique two-toned painted brick exterior. This building was rehabbed in 2024 with new electrical system, new furnaces and AC units, new roof, new plumbing. Both units include updated kitchens with center island, exposed brick walls, private laundry room, and updated bathrooms. The 1st floor unit is one bedroom and one bathroom. The 2nd Floor unit covers the entire 2nd and 3rd floors of the building and includes 3 bedrooms and 2.5 bathrooms. The units share an exterior front entry and basement. Private rear yard and off-street parking available. First floor unit is vacant and available for showings. The 2nd Floor unit is tenant occupied with a lease ending 12/31/2026 at $1675/month and can be shown with an accepted offer. Vacant unit could be rented for $1095/month. With all major renovations already completed, this property is ready for immediate occupancy or leasing, offering strong rental potential and low maintenance for years to come.