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

1100 Arthur St, Iowa City, IA 52240

Residential, Iowa City, IA

Property SizeContact for details
Lot Size3.77 Acres
Days on Market95

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, Range or Oven, 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 Iowa City
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
storage units
grassy area

Building Details

Year built 1962
Building materials Brick
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Jeff Edberg
Added: Jul 22 Changed: Oct 19 Last Checked: Oct 24 at 10:06AM
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.

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Investment Insights

Based on property information with market context.

Built in 1962, this brick cooperative apartment property contains 100 leased residences: 66 one-bedroom homes measuring 575 square feet each and 34 two-bedroom homes at 800 square feet each. Its quadrangle plan frames a grassy interior courtyard. Shared laundry rooms and two basement storage areas serve residents, and the units include dishwashers, ranges or ovens, and refrigerators. Heating is natural gas forced air; cooling is by window units. The site also has off-street parking and RM20 zoning.

The 3.765-acre property is at 1100 Arthur Street in Iowa City, with approximately 100 parking spaces and nearby bus service. Banking, shopping, schools, and parks are nearby. Across Arthur Street is the Johnson County Neighborhood Center, a daycare and community center with classrooms, a computer lab, loaner bicycles, a playground, and space for community activities.

The cooperative structure allows individual unit sales. All 100 units are currently leased, and separate laundry rooms provide an additional income source.

Key Highlights

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

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property combines a central landscaped courtyard with shared laundry and tenant storage 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 cooperative units: 66 one‑bedroom units at 575 SF and 34 two‑bedroom units at 800 SF; All 100 units are leased; 3.765‑acre parcel with approximately 100 parking spaces
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