Add Listing
    Iowa City, IA
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Iowa City, IA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Coralville, IA North Liberty, IA Tiffin, IA
    25 results
    Versatile Commercial Property with Income
    $1,599,000
    2,700 SF
    Versatile Commercial Property with Income

    Iowa City, IA 52246

    Mixed-use property with bays, office space, and apartment potential.
    • Large commercial space with flexible layout, including bays and office area, suitable for various business needs.
    • Multiple income streams possible through business operation, space rental, and apartment conversion.
    • Four upper‑level units convertible to apartments for additional income.
    • 3‑Phase electric service ideal for commercial or light industrial use.
    • Ample outdoor parking and storage space, a rare advantage for commercial properties.
    Updated: Apr 8
    View details
    Iowa City Multifamily Condominiums
    $520,000
    3,696 SF
    Iowa City Multifamily Condominiums

    Iowa City, IA 52246

    Four condominiums with rental history near UIHC and schools.
    • Excellent rental history with 4 condominiums in one sale.
    • Convenient location on bus line with quick commute to UIHC, law and dental schools, shopping, and the interstate.
    • Each unit includes 2 bedrooms, 1.5 baths, and a single‑car garage.
    • Each unit has a kitchen with breakfast bar and open concept living/dining area.
    • Each unit includes stackable washer and dryer.
    Updated: Apr 9
    View details
    Iowa City Commercial Development Opportunity
    $1,975,000
    0.77 Acres
    Iowa City Commercial Development Opportunity

    High-visibility commercial property near University of Iowa with income potential.

    Iowa City, IA 52240

    View details
    Iowa City Condominium Investment Opportunity
    $1,450,000
    11,088 SF
    Iowa City Condominium Investment Opportunity

    Twelve condominiums with rental history near UIHC and schools.

    Iowa City, IA 52246

    View details
    Iowa City Mixed-Use Development Site
    $1,800,000
    0.58 Acres
    Iowa City Mixed-Use Development Site

    Prime 0.58-acre development opportunity in Iowa City's Riverfront Crossing.

    Iowa City, IA 52240

    View details
    Iowa City Multifamily Investment Property
    $309,950
    1,146 SF
    Iowa City Multifamily Investment Property

    Charming duplex near downtown Iowa City and University of Iowa.

    409 S 7th Avenue, Iowa City, IA 52245

    View details
    Iowa City Multifamily Investment Opportunity
    $7,350,000
    2,484 SF
    Iowa City Multifamily Investment Opportunity

    100-unit cooperative project near amenities and community center.

    Iowa City, IA 52240

    View details
    Iowa City Multifamily Investment Opportunity
    $1,875,000
    12,168 SF
    Iowa City Multifamily Investment Opportunity

    Two well-maintained buildings near University of Iowa offer redevelopment potential.

    Iowa City, IA 52240

    View details
    Iowa City Duplex Near Campus
    $215,000
    1,428 SF
    Iowa City Duplex Near Campus

    Duplex near University of Iowa with off-street parking.

    Iowa City, IA 52245

    View details
    Iowa City Multi-Family Investment
    $325,000
    2,374 SF
    Iowa City Multi-Family Investment

    Multi-family property near the University of Iowa campus.

    Iowa City, IA 52245

    View details
    Multifamily Investment Near University Campus
    $3,650,000
    8,064 SF
    Multifamily Investment Near University Campus

    42-unit multifamily property near UIHC and University of Iowa campus.

    Iowa City, IA 52246

    View details
    Iowa City Multifamily Investment Property
    $510,000
    3,020 SF
    Iowa City Multifamily Investment Property

    Multifamily property near College Green Park with strong rental history.

    803 E College St, Iowa City, IA 52240

    View details
    Iowa City Duplex For Sale
    $330,000
    0.18 Acres
    Iowa City Duplex For Sale

    Conveniently located duplex in Iowa City with leases through July 2026.

    841-843 S Summit, Iowa City, IA 52245

    View details
    Iowa City Cooperative Investment Property
    $7,350,000
    4,968 SF
    Iowa City Cooperative Investment Property

    100-unit cooperative project with units leased, great investment opportunity.

    1100 Arthur St, Iowa City, IA 52240

    View details
    Iowa City Four-Unit Investment Property
    $390,000
    Iowa City Four-Unit Investment Property

    Well-maintained four-unit property in a desirable Iowa City location.

    Iowa City, IA 52246

    View details
    Downtown Iowa City Rental Property
    $365,000
    2,529 SF
    Downtown Iowa City Rental Property

    Two-unit rental property in downtown Iowa City with income.

    328 S Governor St, Iowa City, IA 52240

    View details
    Downtown Iowa City Multifamily Property
    $415,000
    2,518 SF
    Downtown Iowa City Multifamily Property

    Two-unit multifamily property in downtown Iowa City, leased until 2027.

    314 S Governor St, Iowa City, IA 52240

    View details
    Four-Unit Rental Property For Sale
    $425,000
    2,489 SF
    Four-Unit Rental Property For Sale

    Two-story rental house with four units, leased through August 2027.

    420 N Gilbert St, Iowa City, IA 52240

    View details
    Iowa City Duplex For Sale
    $305,000
    2,263 SF
    Iowa City Duplex For Sale

    Two-unit rental property with leases in place until August 2027.

    403 S Lucas St, Iowa City, IA 52240

    View details
    Modern Townhouse Triplex Investment
    $954,700
    1,641 SF
    Modern Townhouse Triplex Investment

    Three modern 3-bedroom townhouse condos, estimated completion Spring 2026.

    4671 Herbert Hoover Hwy, Units A,B,C, Iowa City, IA 52240

    View details
    Iowa City Multifamily Investment Property
    $235,000
    1,425 SF
    Iowa City Multifamily Investment Property

    Multifamily property with existing tenants and income in Iowa City.

    320 N Dodge St, Iowa City, IA 52240

    View details
    Flat-Style Condo with Rental Income
    $175,000
    1,150 SF
    Flat-Style Condo with Rental Income

    2 bed, 2 bath condo near trails and downtown.

    4391 Berkeley Ln, Iowa City, IA 52245

    View details
    Iowa City Multifamily Investment Property
    $324,900
    1,936 SF
    Iowa City Multifamily Investment Property

    Multifamily property near University of Iowa, leased through July 2027.

    903 E Burlington St, Iowa City, IA 52240

    View details
    Income Property Near Downtown
    $459,900
    3,508 SF
    Income Property Near Downtown

    Eight-bedroom income property with flexible layout and ample parking.

    728 Bowery Street, Iowa City, IA 52240

    View details

    Iowa City, IA Multifamily Properties Investment Opportunities Market Analysis

    Explore 31 multifamily properties for sale in Iowa City, IA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 91,573 square feet of properties for sale, with an estimated market value of $32,938,450.

    Sale prices for multifamily properties in Iowa City, IA start at $215,000, averaging $1,568,497, and reaching up to $7,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 10
    Duplexes 6
    Quadplexes 2
    Triplexes 2

    Property Size Breakdown

    The majority of commercial real estate listings in Iowa City fall within the 100,000+ square foot range.

    Demographics Overview

    Population 108K
    Population Growth (5Y) +35.7%
    Median Household Income $62,209
    College Educated 50.5%

    High-Yield Neighborhoods for Investment

    Identify Iowa City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    52245 $271K
    52240 $1.7M
    52246 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 3.25%
    Property Tax per SF $18.14 per sq ft
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Browse Multifamily properties for Sale Near Iowa City, IA

    Popular Searches in Iowa City, IA

    Popular Categories

    Most Searched ZIP Codes in Iowa City, IA

    • 52240
    • 52246
    • 52245

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!