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36-Unit Apartment Building with Elevator
For Sale
Contact for pricing

1006 Oakcrest Street Iowa City, Iowa City, IA 52246

Apartments include patios or balconies, elevator access, underground parking, and on-site coin-operated laundry.

Property SizeContact for details
Days on Market142

Property Features for 1006 Oakcrest Street Iowa City

General Information

Standard status Active
Elevators Yes
Property subtype Multifamily

Units

Unit Mix 34 x Two Bedroom, 2 x One Bedroom
Multifamily Units 36

Additional Details

Public Transit Yes

Amenities

patio/balcony
coin operated machines
Listing Agency: Barkalow & Associates Realtors
Listed By: Tracy Barkalow · License #B36918000
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barkalow & Associates Realtors

Investment Insights

Based on property information with market context.

The apartment property at 1006 Oakcrest Street comprises 36 units, including 34 two-bedroom residences and 2 one-bedroom residences. Building amenities include elevator service, underground garage parking, and a patio or balcony for each apartment. Newly installed coin-operated laundry machines are located on site. Tenants pay all utilities.

The property is near University of Iowa Hospitals & Clinics, as well as the University of Iowa Law, Pharmacy, Dental, and Kinnick facilities. Public transportation is positioned in front of the building, providing transit access directly outside the property.

Key Highlights

  • 36‑unit apartment complex with 34 two‑bedroom and 2 one‑bedroom apartments
  • Elevator service throughout the building
  • Underground garage parking

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon HVAC Service (Bike/Boat/Book/etc) Store Barber Shop

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

36
Residential units

Location Intelligence

Trade Area within ½ mile

3,184
Businesses Nearby

Demographics for 52246, IA

22,829
Population
10,627
Households
2.1
Avg Household Size
29
Median Age
67%
College-Educated
95%
High-School Grad
16.7 sq mi
ZIP Area
1,367
Density / Sq Mi
$55,088
Median Household Income
$28,598
Median Earnings
$1,049
Median Rent
$327,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Apartments include patios or balconies, elevator access, underground parking, and on-site coin-operated laundry.
Where is this apartment building located?
The property is located at 1006 Oakcrest Street Iowa City Iowa City, IA.
What are key features of this property?
This property features: 36‑unit apartment complex with 34 two‑bedroom and 2 one‑bedroom apartments; Elevator service throughout the building; Underground garage parking
(319) 354-8118 Call to check price and availability
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