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525 Iowa Avenue

Iowa City, IA 52240
  • $595,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 2604995
UPDATED: 31 min ago
$595,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,149
    SQFT
  • $277
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:

Description

Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1900, this residence offers 7 bedrooms and 3 baths across 2,149 SF on a 0.102-acre lot. Proforma NOI of $37,844 on a 6.36% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-08-12T09:42:36.97.
www.cedarrapidsareahomes.com/homes/178780404
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525 Iowa Avenue Iowa City, IA 52240

  • Price: $595,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 31 min ago
  • MLS #: 2604995
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2,149
SQFT
$277
$/SQFT
1900
Built
Neighborhood:
Iowa City/Coralville
County:
Johnson
Area:
Iowa City/Coralville
Elementary School:
Longfellow
Middle School:
Southeast
High School:
City
Property Description
Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1900, this residence offers 7 bedrooms and 3 baths across 2,149 SF on a 0.102-acre lot. Proforma NOI of $37,844 on a 6.36% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
Exterior Features

Construction Materials Composite Siding Frame Parking Features Parking Space(s)

Interior Features

Basement Full Basement YN Yes Cooling Central Air Cooling YN Yes Heating Electric Gas Heating YN Yes

Property Features

Listing Terms Cash Conventional Possession Close Of Escrow Property Sub Type Multi Family Property Sub Type Additional Multi Family Sewer Public Sewer Tax Annual Amount 6814 Tenant Pays Electricity Gas Water Source Public Zoning Res Zoning Description Res

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tiffany Earl Williams-Wsg Cre of SKOGMAN REALTY COMMERCIAL: 319-363-8286.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-08-12T09:42:36.97.
 
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