Colonial Terrace: Well-located on West Benton Street, this 32 unit residential rental property is fully leased thru July 2025. There is a mixture of 1, 2 and 3 bedroom units with average monthly rent of $820 per unit. Convenient parking with easy access and within walking distance to the to the University of Iowa campus. Excellent rental history.
Multi-familyProperty Type
1961Year Built
4 spacesParking
Listed by Teresa Morrow• Blank & McCune Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
1.26 Acres
Year renovated
—
Sq. Ft.
24,725
Year built
1961
Style
Other
County
Johnson County
APN
1016289001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM44
High Density Multi-Family Residential Zone
The purpose of the high density multi-family residential zone RM-44 is to establish areas for the development of high density, multi- family dwellings and group living quarters. Properties zoned RM-44 should be located with good access to all city services and facilities, including public transportation services. Vehicular access and parking should be designed carefully to ensure efficient traffic and pedestrian circulation on adjacent streets. Due to the high density permitted in this zone, careful attention to site design is expected to ensure that buildings are compatible with surrounding land uses and that a quality living environment will be maintained over time.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Jul 11, 2023 • Final
Right-of-way excavation permit - water
Install a new water main for the city.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.