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    5 Woolf Ave Iowa City, IA 52240

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    Claim this Listing
    For Sale
    $1,875,000

    Multi Family - IowaCity, IA

    Property size:
    12,168 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $154/SF
    Added:
    Dec 4, 2025
    Days on Market:
    148
    Last Refresh:
    May 1 at 12:06 am

    Property Features for 5 Woolf Ave

    General Information

    Property type
    Residential Multi Family
    Zoning
    PRM
    Parking features
    Garage, Off Street
    Interior features
    Bookcases
    Appliances
    Oven, Range, Refrigerator
    Standard status
    Active
    APN
    1009301001
    Size
    12,168 SF
    Lot size
    0.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    23514

    Utilities

    Heating system
    Electric (Heating), Forced Air, Natural Gas

    Building Details

    Year built
    1958
    Flooring type
    Concrete, Wood
    Building materials
    Block, Brick, Concrete, Frame
    Architectural style
    Other

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    Listing Contact
    Jeff Edberg
    Jeff Edberg

    Listing agent Jeff Edberg

    Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD, Iowa City, IA

    Listing date Dec 4, 2025

    MLS# 202507216 Listing URL

    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.


    Overview

    Iowa City Multifamily Investment Opportunity

    Two well-maintained brick buildings are situated on 0.40 acres of land. The property is located directly across from the VA Hospital and within walking distance of the UI Dental College and UIHC. Building 1 comprises 9 studio units, each with an approximate area of 500 square feet. Building 2 features 8 apartments with 2 bedrooms and 1 bathroom, each approximately 800 square feet. Both buildings include on-site laundry rooms. Off-street parking is available, including garages. The property is located in Iowa City, Iowa. The property is zoned PRM. The property offers potential for future high-end condo redevelopment, and is located close to hospitals, academics, transit and campus services. The property is 12,168 square feet. The property is suitable as a stable income property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Dental Office Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Iowa City
    County
    Johnson
    State
    Iowa
    Longitude
    -91.550044
    Latitude
    41.663573

    FAQs

    What type of property is this?
    Apartment building - Two well-maintained buildings near University of Iowa offer redevelopment potential.
    Where is this apartment building located?
    The property is located at 5 Woolf Ave Iowa City, IA.
    What is the asking price?
    The asking price for this property is $1,875,000.
    What are key features of this property?
    This property features: Prime location directly across from the VA Hospital and a short walk to UI Dental College and UIHC.; Exceptional long‑term redevelopment potential for high‑end condos.; Stable income property with dependable rental demand.
    More about this property
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