Multifamily Rental Condominiums with
For Sale
$1,400,000
403 Westwinds Dr # 461, Iowa City, IA 52246
MULTI_FAMILY - Other - IowaCity, IA
Property SizeContact for details
Days on Market165
Property Features for 403 Westwinds Dr # 461
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multifamily Residential
Bathrooms
1
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Parking
1
Parking features
Garage
Patio and Porch features
Deck
Interior features
BreakfastBar, LivingRoomDiningRoomCombo
Exterior features
Deck
Appliances
Dishwasher, Dryer, Microwave, RangeOrOven, Refrigerator, Washer
Subdivision
Monterey Court
Lot features
Condo
Elementary school
Borlaug
Middle school
Northwest
Directions
Melrose Ave then south on Westwinds Drive
Standard status
Active
APN
Multiple
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
23398
HOA Fee
$41,040 Annually
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
breakfast bar
open concept living/dining area
stackable washer and dryer
Building Details
Year built
1982
Flooring type
Vinyl, Carpet
Building materials
Vinyl, Wood, Frame
Architectural style
Other
Listing Agency:
Blank & McCune Real Estate
(319) 354-9440
Listed By:
Teresa Morrow · License #B35393000
(319) 354-9440
Added: Feb 20
Changed: Aug 1
Last Checked: Aug 4 at 9:06PM
MLS# 202601260
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 property consists of 12 rental condominiums in the Monterey Court Condominium Regime along Westwinds Drive. Built in 1982, each unit is a two-bedroom, 1.5-bath layout with a single-car garage, an open living and dining area, and a kitchen with a breakfast bar. Units include a deck, central air, forced-air natural gas heating, and stackable washer and dryer.
The condo regime is in the process of completing improvements, including new stairwells and garage doors. The location is described as convenient for tenants, on a bus line with a quick commute to UIHC and the law and dental schools, along with shopping and the interstate.
Interior features include living room and dining room combination areas, with vinyl and carpet flooring noted. Kitchen appliances include a dishwasher, microwave, range/oven, and refrigerator, plus a washer and dryer.
The condo regime is in the process of completing improvements, including new stairwells and garage doors. The location is described as convenient for tenants, on a bus line with a quick commute to UIHC and the law and dental schools, along with shopping and the interstate.
Interior features include living room and dining room combination areas, with vinyl and carpet flooring noted. Kitchen appliances include a dishwasher, microwave, range/oven, and refrigerator, plus a washer and dryer.
Key Highlights
- 12 rental condominium units in the Monterey Court Condominium Regime
- Each unit offers two bedrooms and 1.5 baths with a single‑car garage
- Stackable washer and dryer in each condominium unit
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twelve two-bedroom rental units feature central air, forced-air gas heat, and in-unit stackable washer and dryer hookups.
Where is this apartment building located?
The property is located at 403 Westwinds Dr # 461 Iowa City, IA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 12 rental condominium units in the Monterey Court Condominium Regime; Each unit offers two bedrooms and 1.5 baths with a single‑car garage; Stackable washer and dryer in each condominium unit
