$1,200,000
$100K PRICE DROP

1100 Oakcrest St Unit A-M Iowa City, IA 52246

Estimated payment $7,726/month

Total Views 11,499
7 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Living Room
  • Community Playground
  • Central Air
  • West High School Rated A
  • Property is near schools
  • Dining Room

About This Home

Investment Opportunity! This well-maintained 12-unit apartment building in a prime Iowa City location offers excellent rental potential. Featuring eleven 2-bedroom units and one 1-bedroom unit, this property is ideal for tenants seeking convenience and comfort. Each unit includes spacious living areas, well-equipped kitchens, and ample storage. A shared laundry room provides added convenience. Located near the University of Iowa, shopping, dining, parks, and public transportation, this property is perfect for students, professionals, and families.

Listing Agent

Travis Gaule

Skogman Realty Co. Listed on: 03/09/2025

Skogman Realty Co.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Parking

  • 4 Parking Spaces

Interior Spaces

  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Location

  • Property is near schools
  • Property is near a bus stop

Schools

  • Horn Elementary School
  • Northwest Middle School
  • West High School

Utilities

  • Central Air
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1016258001

Community Details

Overview

  • 12 Units

Recreation

  • Community Playground

Building Details

  • Electric Expense $1,000
  • Insurance Expense $9,000
  • Maintenance Expense $5,000
  • Water Sewer Expense $800
  • Gross Income $139,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Broker Loaded
  • Remarks: Investment Opportunity! This well-maintained 12-unit apartment building in a prime Iowa City location offers excellent rental potential. Featuring eleven 2-bedroom units and one 1-bedroom unit, this property is ideal for tenants seeking convenience and comfort. Each unit includes spacious living areas, well-equipped kitchens, and ample storage. A shared laundry room provides added convenience. Located near the University of Iowa, shopping, dining, parks, and public transportation, this property is perfect for students, professionals, and families.
  • Year Built: 1976
  • Tax Year Report: 2023
  • Rental Permit: Yes
  • Water Annually: 800
  • Directions: Head south on Hawkins Drive toward Melrose Avenue. Turn right onto Melrose Avenue. Turn right onto Oakcrest Street. Continue to 1100 Oakcrest Street, which will be on your right.
  • L O1 Dues Paid: y
  • Amenities: Playground, Sidewalks, Close to School, On Bus Line, Other
  • Basement Remarks: Partial
  • Possession R: Negotiable
  • Possible Finance R: See Other Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Microwave, Washer

Exterior Features

  • Construction: See Remarks

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Electric Annually: 1000
  • Heating Cooling: Central

Schools

  • Elementary School: Horn
  • Middle School: Northwest
  • High School: West
  • High School: West
  • Jr Middle School: Northwest
  • Elementary School: Horn

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: Irregular
  • Zoning: MR R3+

Tax Info

  • Gross Tax County City: 17760
  • Assessor Parcel Number: 1016258001

Multi Family

  • Units Total: 12

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $1,200,000 -7.7% --
03/09/2025 03/09/25 For Sale $1,300,000 -- --
Source: Iowa City Area Association of REALTORS®

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See All Homes in Iowa City

Source: Iowa City Area Association of REALTORS®

MLS Number: 202501549

Iowa City Area Association of REALTORS®
Iowa Johnson County Iowa City 52246

1100 Oakcrest St Unit A-M, Iowa City, IA

This home is located at 1100 Oakcrest St Unit A-M, Iowa City, IA 52246 and is currently priced at $1,200,000. This property was built in 1976. 1100 Oakcrest St Unit A-M is a home located in Johnson County with nearby schools including Ernest Horn Elementary School, Northwest Junior High School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

Nearby Homes
Travis Gaule
Listing Agent
Travis Gaule
Section Image
Skogman Realty Co.
(319) 367-3427