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100-Unit Cooperative Apartment Building
For Sale
$6,975,000

1100 Arthur St, Iowa City, IA 52240

Residential, IowaCity, IA

Property SizeContact for details
Lot Size3.77 Acres
Days on Market35

Property Features for 1100 Arthur St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM20
Bathrooms 1
Full bathrooms 4
Rooms Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Parking 4
Parking features Off Street
Appliances Dishwasher, RangeOrOven, Refrigerator
Elementary school Lucas
Middle school Southeast
Directions From Hwy 6 go N onto S 1st Ave then a right going E onto Muscatine Ave. Take a right and go S onto Arthur St and it will be on the left hand side.
Subdivision IowaCity
Standard status Active
APN 1013326002
Lot size 3.77 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 99300

Utilities

Heating system Natural Gas, Forced Air
Cooling system Window Unit(s)

Amenities

laundry rooms
basement storage units

Building Details

Year built 1962
Building materials Brick
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg · License #B33730000
Added: Jul 22 Changed: Aug 19 Last Checked: Aug 25 at 7:06PM
MLS# 202604576

Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This cooperative apartment property contains 100 leased residences arranged around a central grassy courtyard. The unit mix includes 66 one-bedroom homes measuring 575 SF and 34 two-bedroom homes measuring 800 SF. Separate laundry rooms provide an additional on-site feature, while two basement areas contain storage units assigned to tenants. Brick construction dates to 1962, with natural gas forced-air heat, window-unit cooling, and off-street parking.

The 3.765-acre parcel includes approximately 100 parking spaces and is served by nearby bus service. The property is across Arthur Street from the Johnson County Neighborhood Center, which is planned to include classrooms, a computer lab, a playground, a bike-lending program, and community activity space. Banking, shopping, schools, and parks are also located nearby. RM20 zoning is in place, and the cooperative structure allows individual unit sales.

Key Highlights

  • 100 residences: 66 one‑bedroom units at 575 SF and 34 two‑bedroom units at 800 SF
  • All units are leased within the cooperative property
  • 3.765‑acre parcel with approximately 100 parking spaces

Property Analytics

Current Use

Town & Campus Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Big Box & Wholesale Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

710
Businesses Nearby

Demographics for 52240, IA

34,224
Population
17,035
Households
2
Avg Household Size
29
Median Age
47%
College-Educated
94%
High-School Grad
142.1 sq mi
ZIP Area
241
Density / Sq Mi
$55,189
Median Household Income
$25,508
Median Earnings
$1,065
Median Rent
$241,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Quadrangle-style design surrounds a shared grassy courtyard, with tenant storage and separate laundry facilities.
Where is this apartment building located?
The property is located at 1100 Arthur St Iowa City, IA.
What is the asking price?
The asking price for this property is $6,975,000.
What are key features of this property?
This property features: 100 residences: 66 one‑bedroom units at 575 SF and 34 two‑bedroom units at 800 SF; All units are leased within the cooperative property; 3.765‑acre parcel with approximately 100 parking spaces
More about this property
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