Iowa City, IA
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    Iowa City, IA Apartment Buildings for Sale

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    Coralville, IA North Liberty, IA Tiffin, IA
    10 listings
    Versatile Commercial Property with Income
    $1,599,000
    2,700 SF
    Versatile Commercial Property with Income

    Iowa City, IA 52246

    Mixed-use property with bays, office space, and apartment potential.
    • Large commercial space with flexible layout, including bays and office area, suitable for various business needs.
    • Multiple income streams possible through business operation, space rental, and apartment conversion.
    • Four upper‑level units convertible to apartments for additional income.
    • 3‑Phase electric service ideal for commercial or light industrial use.
    • Ample outdoor parking and storage space, a rare advantage for commercial properties.
    Updated: Apr 8
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    Iowa City Mixed-Use Development Site
    $1,800,000
    14,000 SF
    Iowa City Mixed-Use Development Site

    Iowa City, IA 52240

    Prime 0.58-acre development opportunity in Iowa City's Riverfront Crossing.
    • Prime location in the Riverfront Crossing District, steps from shopping, dining, downtown Iowa City, and the University of Iowa.
    • Development opportunity on a .58‑acre building lot with form‑based zoning allowing for mid‑rise mixed‑use development (up to 6‑7 stories).
    • Existing 14,000 SF of usable improvements with short‑term leases, providing near‑term income.
    • Potential for larger‑scale development by combining with the adjacent parcel at 1030 Gilbert Street, adding .55 acres.
    • Existing public alley bisecting the property offers additional vehicular access or potential for abandonment.
    Updated: Jan 13
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    Iowa City Multifamily Investment Opportunity
    $1,875,000
    12,168 SF
    Iowa City Multifamily Investment Opportunity

    Two well-maintained buildings near University of Iowa offer redevelopment potential.

    Iowa City, IA 52240

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    Iowa City Multifamily Investment Opportunity
    $7,350,000
    2,484 SF
    Iowa City Multifamily Investment Opportunity

    100-unit cooperative project near amenities and community center.

    Iowa City, IA 52240

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    Iowa City Condominium Investment Opportunity
    $1,450,000
    11,088 SF
    Iowa City Condominium Investment Opportunity

    Twelve condominiums with rental history near UIHC and schools.

    Iowa City, IA 52246

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    Multifamily Investment Near University Campus
    $3,650,000
    8,064 SF
    Multifamily Investment Near University Campus

    42-unit multifamily property near UIHC and University of Iowa campus.

    Iowa City, IA 52246

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    Iowa City Multifamily Investment Property
    $510,000
    3,020 SF
    Iowa City Multifamily Investment Property

    Multifamily property near College Green Park with strong rental history.

    803 E College St, Iowa City, IA 52240

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    Iowa City Cooperative Investment Property
    $7,350,000
    4,968 SF
    Iowa City Cooperative Investment Property

    100-unit cooperative project with units leased, great investment opportunity.

    1100 Arthur St, Iowa City, IA 52240

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    Income Property Near Downtown
    $459,900
    3,508 SF
    Income Property Near Downtown

    Eight-bedroom income property with flexible layout and ample parking.

    728 Bowery Street, Iowa City, IA 52240

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    Multifamily Investment Property Near Campus
    $3,750,000
    16,128 SF
    Multifamily Investment Property Near Campus

    Three buildings with 42 units near UIHC and Kinnick Stadium.

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

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 Active listings in Iowa City, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Investment Opportunity
    $425,000
    4,647 SF
    Historic Mixed-Use Investment Opportunity

    Mixed-use property with income potential in Cedar Rapids' Czech Village.

    219 16th Avenue SE, Cedar Rapids, IA 52401

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    Coralville Multi-Family Investment Property
    $725,000
    2,244 SF
    Coralville Multi-Family Investment Property

    6-plex with strong rental history near University of Iowa.

    504 2nd Ave, Coralville, IA 52241

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    Multi-Family and Commercial Property
    $6,450,000
    19,786 SF
    Multi-Family and Commercial Property

    Mixed-use property with residential and commercial potential in Coralville, Iowa.

    320 2nd St, Coralville, IA 52241

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    Historic Mixed-Use Property in Bohemia
    $425,000
    4,647 SF
    Historic Mixed-Use Property in Bohemia

    Mixed-use property with income potential in Cedar Rapids' Czech Village.

    219 16th Ave Se, Cedar Rapids, IA 52404

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

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    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

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    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Off-Market Properties in Iowa City, IA

    Consider similar Off-Market properties in Iowa City, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Dubuque St
    Multifamily properties
    Lot: 1.00 Acre
    Value Estimation by Request
    Dubuque St

    0 Dubuque St, Iowa City, IA 52245

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    732 Michael St
    Multifamily properties
    16,128 SF Lot: 1.05 Acres

    732 Michael St, Iowa City, IA 52246

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    Iowa City, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 12 apartment buildings for sale in Iowa City, IA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 64,128 square feet of properties for sale, with an estimated market value of $27,993,900.

    Sale prices for two-family homes in Iowa City, IA start at $459,900, averaging $3,110,433, and reaching up to $7,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Iowa City fall within the 100,000+ square foot range.

    Demographics Overview

    Population 108K
    Population Growth (5Y) +35.7%
    Median Household Income $62,209
    College Educated 50.5%

    High-Yield Neighborhoods for Investment

    Identify Iowa City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    52246 $2.6M
    52240 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 3.25%
    Property Tax per SF $18.14 per sq ft
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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