Search
9-Unit Apartment Building
For Sale
$329,900

416 S Dodge Street, Iowa City, IA 52240

Residential, IowaCity, IA

Property SizeContact for details
Days on Market39

Property Features for 416 S Dodge Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-12
Parking 4
Parking features Off Street
Patio and Porch features Porch
Interior features CableAvailable, RearStairs
Exterior features Garden, FrontPorch
Appliances Dryer, Washer
Elementary school Longfellow
Middle school Southeast
Directions South of Burlington Street on Dodge. LARGE onsite parking lot IN THE ALLEY as part of this property. House numbers also on back door area.
Subdivision IowaCity
Standard status Active
APN 1015103010

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7834

Utilities

Heating system Forced Air, Steam, Natural Gas
Cooling system Central Air

Amenities

kitchenettes in most rooms
common kitchens
shared baths
parking lot

Building Details

Year built 1900
Floors in Building 2
Flooring type Vinyl, Engineered, Laminate
Building materials AluminumSiding, Vinyl, Frame
Architectural style Other
Listing Agency: REMAX Affiliates · RE/MAX International
Listed By: Rex Brandstatter · License #B00277000
Added: Jul 29 Changed: Sep 3 Last Checked: Sep 5 at 9:06AM
MLS# 202604730

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 9-unit rooming house is vacant and configured with kitchenettes in most rooms, two main kitchens, and three bathrooms. The property includes a front porch, rear stairs, off-street parking accessed from the city alley, washer and dryer appliances, and a combination of engineered, laminate, and vinyl flooring. Construction includes aluminum siding, vinyl, and frame components. Heating is provided by natural gas through steam and forced-air systems, with central air cooling. The building was constructed in 1900 and has undergone updates within the last three years.

Located at 416 S Dodge Street in Iowa City, the property is described as an easy walk to downtown and campus. The site is zoned RM-12. The property has been inspected by the city, with routine repairs identified. A broken water pipe is noted in the kitchen closet area, while gas, electric, and water services are currently off; the boiler, plumbing, and related systems have not been reported on.

Key Highlights

  • 9‑unit rooming house with most rooms offering kitchenettes
  • Two main kitchens and 3 bathrooms
  • Vacant property with updates completed within the last 3 years

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Storage Facility Home Appliance Store Tanning Salon

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

2,570
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Vacant rooming house with kitchenettes, shared kitchens, rear parking, and RM-12 zoning near downtown and campus.
Where is this apartment building located?
The property is located at 416 S Dodge Street Iowa City, IA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 9‑unit rooming house with most rooms offering kitchenettes; Two main kitchens and 3 bathrooms; Vacant property with updates completed within the last 3 years
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message