Section Image Section Image

Explore Similar Apartments Within 2 Miles of Downtown Iowa City, IA

  • /19

    $3,850,000

    • 16,128 Sq Ft

    732,736,740 Michael St, Iowa City, IA 52246

    42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within

    Agent Photo

    Matthew Lepic

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 725-2048

    732,736,740 Michael St, Iowa City, IA 52246
  • /22

    $3,850,000

    • 3 Beds
    • 4 Baths
    • 8,064 Sq Ft

    732,736,740 Michael St, Iowa City, IA 52246

    42 multifamily units are available, comprising 3 buildings with 14 units each. There are 36 one-bedroom, one-bath units and 6 studio units. The roofs were replaced in 2018, and various improvements have been made to the units, including new carpet, updated kitchens, and new tubs in many of the units. The property is conveniently located near UIHC and the West University of Iowa campus, within

    Agent Photo

    Matthew Lepic

    Lepic-Kroeger, REALTORS

    (319) 220-3494

    732,736,740 Michael St, Iowa City, IA 52246
  • /26

    $314,000

    • 3 Beds
    • 2 Baths
    • 1,146 Sq Ft

    409 S 7th Ave, Iowa City, IA 52245

    Home & Rental, in an established area close to downtown, university, hospital and clinics. This rental sits on a corner lot, garages, spacious square feet, and could be converted back to a home. Lower level efficiency with laundry, upper unit 2 bedrooms, bath, laundry.

    Wendy Fountain Sellers & Seekers Real Estate

    409 S 7th Ave, Iowa City, IA 52245
  • /9

    $390,000

    • 1,994 Sq Ft

    1011 Hudson Ave, Iowa City, IA 52246

    Welcome to this charming 4-unit investment property in Iowa City! Just off HWY 1, minutes from U of I Hospitals, campus, and the interstate. Each unit offers 1 bed/1 bath with hardwood floors, granite countertops, and basement access. Walking distance to groceries, restaurants, and shopping—perfect for strong rental demand.

    Jeffrey Hagel Jeffrey Hagel

    1011 Hudson Ave, Iowa City, IA 52246
  • /39

    $460,000

    • 8 Beds
    • 4 Baths
    • 2,740 Sq Ft

    2431 Catskill Ct, Iowa City, IA 52245

    Excellent investment/income property available in a quiet neighborhood. The seller has made numerous improvements/updates since purchasing the property and both units are truly ready to be rented immediately. New AC and furnace in both units July 2022. Great rental history for both units. Lots of living space in a very popular 2-story layout, with generous-sized bedrooms, a living room and family

    Shaner Magalhaes Urban Acres Real Estate Corridor

    2431 Catskill Ct, Iowa City, IA 52245
  • /37

    $329,900

    • 8 Beds
    • 3 Baths
    • 3,502 Sq Ft

    710 Kirkwood Ave, Iowa City, IA 52240

    2 Houses on One Lot! Larger house is currently a up/down duplex with but could easily be changed back into 6 bedrooms home! Upper unit has 4 bedrooms, 1 bath, kitchen and dining area. Lower level unit has 2 bedrooms and 1 bath, kitchen and hardwood floors throughout. 2,422 square feet w/shared washer and dryer included. Blue Cottage house, 1,080 square feet, includes spacious living room, 2

    Tracy Adams Edge Realty Group

    710 Kirkwood Ave, Iowa City, IA 52240
  • /26

    $725,000

    • 8 Beds
    • 4 Baths
    • 2,244 Sq Ft

    504 2nd Ave, Coralville, IA 52241

    6-plex Multi-family building with excellent rental history. 5 units are 748sf with 2 bdrm/1 bath and one off-street parking space. 1 Unit is 1 Bdrm/1 bath with several large closets. Close to IRL, U of I Hospitals and Kinnick as well as many restaurants, coffee shops and just a hop away from two major interstates. Close proximity to bus lines as well.

    Monica Hayes Lepic-Kroeger, REALTORS

    504 2nd Ave, Coralville, IA 52241
  • /48

    $8,800,000

    • 6 Beds
    • 4 Baths
    • 17,280 Sq Ft

    307 S Linn St Unit 60 units, Iowa City, IA 52240

    60 Multifamily units for sale with 2 - 2,500sqft commercial space and 36 paid underground parking spaces in the heart of Downtown Iowa City. There are 2 towers that have 30 units each in total there are 54 - 2 bedroom, 1bath units - And 6 - 1 bedroom, 1 bath units. This unique property has 6 different floor plans. Top floor units have vaulted ceilings with some units that have a spiral

    Mitch Price Urban Acres Real Estate

    307 S Linn St Unit 60 units, Iowa City, IA 52240
  • /15

    $1,175,000

    • 16 Beds
    • 8 Baths
    • 8,586 Sq Ft

    645 S Lucas St, Iowa City, IA 52240

    Each unit in this 8 plex has 4 beds and 2 baths. Total rents are $10,350 for the 24-25 term, some vacancies remain for the 25-26 term. Large concrete parking lot in rear of building.

    Jeff Edberg Lepic-Kroeger, REALTORS

    645 S Lucas St, Iowa City, IA 52240
  • /10

    $1,300,000

    • 7 Beds
    • 5 Baths
    • 6,512 Sq Ft

    711 E Burlington St, Iowa City, IA 52240

    INVESTOR ALERT! 10 unit apartment building for sale on University of Iowa Campus & Downtown Iowa City! Fully leased with student housing! This property has a mix of Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom and 4 Bedroom apartments. Off Street parking lot! Onsite laundry room! Tenants pay all utilities! All showings are subject to Tenants rights need at least 24 hour notice to show.

    Tracy Barkalow Barkalow & Associates, Realtors

    711 E Burlington St, Iowa City, IA 52240
  • /20

    $5,650,000

    • 8 Beds
    • 4 Baths

    902 N Dodge St, Iowa City, IA 52245

    Investor Alert! 41 Apartments in Iowa City Iowa For Sale! Prime Location On University of Iowa Campus! Great Rental History! Updated Apartments Including New Kitchen Cabinets with Stainless Appliances! Updated Bathrooms, Updated White Doors & Trim! Onsite Laundry! Tenants Pay All Utilities! Great Location Walkable To Downtown Iowa City & Easy Access to University of Iowa Campus! On Bus Routes!

    Tracy Barkalow Barkalow & Associates, Realtors

    902 N Dodge St, Iowa City, IA 52245
  • /29

    $270,000

    • 2 Beds
    • 2 Baths
    • 1,472 Sq Ft

    415 Church St, Iowa City, IA 52245

    New Price on this great opportunity to invest in this charming home with character to spare! Leases signed until end July 2026 & extra parking income too. History is key in this cute & functional home close to downtown Iowa City with many stories to tell since it is part of the original town of Iowa City.... Large yard surrounds this sunny up/down duplex. Tenant pays utilities - gas & electric

    Kathryn Fobian Edge Realty Group

    415 Church St, Iowa City, IA 52245
  • /19

    $699,000

    • 8 Beds
    • 8 Baths
    • 1,904 Sq Ft

    826 Page St, Iowa City, IA 52240

    GREAT investment property just south of downtown area with easy access. Built by owner in 1983 on a quiet tree-lined street. Four units on two parcels (826-828: 1015180003 and 832-834:1015180004). One unit (834) has had a high-end remodel in recent years including wood floors in the kitchen, living room and hallway. Tile in the bathrooms and carpet in the bedrooms. Stainless steel appliances.

    Le Ann Dunne Lepic-Kroeger, REALTORS

    826 Page St, Iowa City, IA 52240
  • /23

    $2,300,000

    • Studio
    • 5,626 Sq Ft

    716 N Dubuque St, Iowa City, IA 52245

    Rare investment opportunity - 21 room boarding house currently leased to a fraternity, leased through the grand chapter. Tenant is responsible for all maintenance, except for boiler and roof. Boiler was replaced December 2024. Owner is responsible for up to $1,100 in utility expense, unless fully occupied - Currently at full occupancy. There are 6 years left on the 10-year Lease Agreement.

    Tyler Riddle Lepic-Kroeger, REALTORS

    716 N Dubuque St, Iowa City, IA 52245
  • /46

    $339,900

    • 4 Beds
    • 2 Baths
    • 988 Sq Ft

    1339 Dolen Place, Iowa City, IA 52246

    Opportunity knocks with this duplex rental property fully leased through May 2026, rental permit and ready for new landlord. This property is apart of a 1031 exchange and has great rental history. The discerning investor will love the location and how close it is to the university of Iowa hospitals and clinics. Close to bus stop, shopping and parks. Great schools and yes close to I-80.

    Gwen Johnson Skogman Realty Co.

    1339 Dolen Place, Iowa City, IA 52246
  • /10

    $3,000,000

    • Studio

    302 E Bloomington St, Iowa City, IA 52245

    Wonderful opportunity to own an iconic incomer/business property in NEAR NORTHSIDE Neighborhood of Iowa CIty. 2 long time commercial tenants, and 16 apartments. Always fully rented. Downtown location. PIZZA and LAUNDROMAT are Tenants and are NOT CLOSING!!! ** This property has recently been added to the Iowa CIty Historical list. A 'Historical Overlay' is now in place. This affords several

    Rex Brandstatter RE/MAX Affiliates

    302 E Bloomington St, Iowa City, IA 52245
  • /2

    $215,000

    • 1 Bed
    • 2 Baths
    • 1,260 Sq Ft

    837 Maggard St, Iowa City, IA 52240

    Great investment opportunity! 2 unit duplex with close proximity to downtown Iowa City! First floor unit is a large one bedroom and upstairs unit is an open studio floor plan with large deck. Also features off street parking in the back. Both are currently tenant occupied. Very close to both Kirkwood Campus and U of I Campus, as well as nightlife, shopping, and dining! 24hr notice for all

    Grace Laubenthal Lepic-Kroeger, REALTORS

    837 Maggard St, Iowa City, IA 52240
  • /2

    $340,000

    • 4 Beds
    • 2 Baths
    • 2,132 Sq Ft

    841 Maggard St, Iowa City, IA 52240

    Great investment opportunity close to both the University of Iowa and Kirkwood Community College. This duplex offers two separate units—841 features a one-bedroom, one-bathroom layout, while 845 includes three bedrooms, two bathrooms, and an oversized two-car garage. The property sits at the end of the street and provides both on-street and off-street parking options. Tenants are responsible for

    Grace Laubenthal Lepic-Kroeger, REALTORS

    841 Maggard St, Iowa City, IA 52240
  • /29

    $270,000

    • 1,472 Sq Ft

    415 Church St, Iowa City, IA 52245

    Kathryn Fobian Edge Realty Group, Inc

    415 Church St, Iowa City, IA 52245
  • /2

    $299,000

    • 2,072 Sq Ft

    508 6th St, Coralville, IA 52241

    Ainsley Snyder Keller Williams Legacy Group

    508 6th St, Coralville, IA 52241

Why Live in Downtown Iowa City

Downtown Iowa City is a vibrant neighborhood characterized by its dynamic commercial scene and close ties with the University of Iowa. Residents enjoy a plethora of things to do, with a variety of shops, restaurants, parks, and cultural attractions within walking distance. The area boasts numerous dining options, from breakfast nooks and bubble tea cafes to upscale steakhouses and live music venues like Gabe's. Notable points of interest include the Old Capitol Town Center, the Pedestrian Mall, the University of Iowa Museum of Natural History, and The Stanley Museum of Art. The neighborhood hosts events year-round, such as the Taste of Iowa City, Downtown Summer Block Party, and Herky on Parade. The University of Iowa, located 1.5 miles west, is easily accessible via pedestrian bridges. City High School, a highly rated institution, serves the area. Downtown Iowa City prioritizes pedestrian traffic with interconnected streets, bike lanes, and free public transit through Iowa City Transit and the university's CAMBUS. Housing options range from historic condos to contemporary high-rises, featuring open floor plans, balconies, and reserved parking. Recreational spaces include the Pedestrian Mall's playground and the Robert A. Lee Community Recreation Center. With ongoing improvements to enhance its pedestrian-friendly atmosphere, Downtown Iowa City remains a lively and accessible neighborhood.

Home Trends in Downtown Iowa City, IA

Housing Trends

Median Sale Price
$580,000
Median 2 Bedroom Sale Price
$1,317,500
Median 1 Bedroom Sale Price
$515,000
Average Price Per Sq Ft
$521
Number of Homes for Sale
12
Last 12 months Home Sales
9
Months of Supply
16.00
Median List Price
$605,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-12%
How to Buy a Home How to Finance a Home How to Sell a Home