Johnson County, IA Multifamily Properties for Sale

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68 properties

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Updated: May 15

Mixed-Use Redevelopment with Parking

1104 S Gilbert St, Iowa City, IA 52240

$1,975,000

14,879 sqft

Three‑parcel mixed‑use property (commercial parcels plus leased multifamily units) with month‑to‑month leases
Current commercial tenants include Old Screen Printers, Summer of the Arts, and Drip Couture
Coin Shop space scheduled to be vacated in July for owner use or new tenancy
0.77‑acre lot with 240 x 140 lot dimensions and frontage on paved county road
Year built 1950; interior flooring includes concrete slab grade, carpet, and vinyl

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1104 S Gilbert St, Iowa City, IA 52240

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Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$141K
Annual
Price @ 7% Cap

$2.01M
Above asking
Property Type

Commercial (General)
Built 1971

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Updated: Jun 24

Remodeled Two-Story Duplex

2407 Petsel Place, Iowa City, IA 52246

$504,000

2,190 sqft 0.20 AC lot

2,190 square feet on a 0.203‑acre lot
Two‑story duplex with short‑term rental upstairs and long‑term tenant downstairs
Both units updated in 2025
Less than 2 miles from the University of Iowa, UI Hospitals & Clinics, and Kinnick Stadium
Garage parking plus deck and patio areas

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Split-Level Duplex with Garages

409 S 7th Avenue, Iowa City, IA 52245

$299,950

1,146 sqft 0.02 AC lot

Corner-lot income property with two separately arranged units, private laundry, appliances, and flexible owner-occupant potential.

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Mixed-Use Property with Vacant Commercial Space

320 2nd St, Coralville, IA 52241

$5,950,000

2.62 AC lot

Includes short-term rental accommodations, management space, and additional commercial areas available for occupancy.

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12-Unit Apartment Building

301 College St, Tiffin, IA 52340

$1,375,000

5,880 sqft

R4-zoned multifamily property near I-80 with individual gas heat and through-wall air conditioning.

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Mixed-Use Property with Commercial Parcels

Iowa City, IA 52240

$1,975,000

0.77 AC lot

Commercially zoned Iowa City property combining leased multifamily units with existing retail and other commercial space.

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12-Unit Multifamily Condominium Portfolio

Iowa City, IA 52246

$1,400,000

Income-producing condominium units feature open living areas, private garages, and in-unit laundry appliances.

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12-Unit Multifamily Property

301 College St, Tiffin, IA 52340

$1,375,000

Four buildings provide varied apartment layouts, individual and shared laundry, off-street parking, and separate heating and cooling systems.

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6-Unit Multifamily Apartment Building

504 2nd Ave, Coralville, IA 52241

$1,150,000

4,488 sqft

Well-maintained 6-unit multifamily with an excellent rental history near major employers, shopping, and transit corridors.

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7-Unit Apartment Building

Iowa City, IA 52240

$675,000

Income-producing residential property with one-bedroom apartments, separate HVAC systems, and on-site laundry facilities.

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Short-Term Rental Property with Commercial Space

320 2nd St, Coralville, IA 52241

$5,950,000

Residential accommodations are paired with vacant commercial suites in the north building.

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Mixed-Use Building with Apartment Units

510 E Burlington, Iowa City, IA 52240

$875,000

5,184 sqft

Two street-level commercial spaces and four apartments share dedicated parking, supporting flexible mixed-use occupancy in Iowa City.

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100-Unit Cooperative Apartment Building

Iowa City, IA 52240

$6,975,000

Quadrangle-style design surrounds a shared grassy courtyard, with tenant storage and separate laundry facilities.

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Mixed-Use Building With Apartments

Lone Tree, IA 52755

$149,900

0.06 AC lot

Commercial zoning supports retail activity below and residential occupancy in the upper level.

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Multifamily Income Property

30-36 N Lucas Street, Iowa City, IA 52246

$2,700,000

10,010 sqft

Residential income property offered for sale at 30-36 N Lucas Street, Iowa City, with an additional inclusion at 803 Jefferson St.

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Six-Unit Multifamily Property

504 2nd Ave, Coralville, IA 52241

$1,150,000

Established multifamily property with off-street parking, residential zoning, and convenient access to Coralville destinations.

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Duplex With Covered Parking

Iowa City, IA 52240

$219,900

Two residential units offer separate living areas, basement laundry, and dedicated covered parking.

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9-Unit Apartment Building

Iowa City, IA 52240

$399,900

Vacant rooming house with kitchenettes, shared kitchens, rear parking, and RM-12 zoning near downtown and campus.

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Mixed-Use Downtown Retail and Apartments

112 N Iowa St., Solon, IA 52333

$1,000,000

2,312 sqft

Downtown mixed-use building with leasable main-floor commercial space and two rented upper apartments.

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Up/Down Duplex with Detached Garage

709 5th Ave Pl, Coralville, IA 52241

$270,000

Two separately accessed units include shared laundry, storage, and a fenced outdoor area.

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Historic Multifamily Property

935 E College St, Iowa City, IA 52240

$300,000

4,033 sqft

Historic residence with more than 18 rooms, residential zoning, and layouts adaptable to several rental configurations.

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Two-Unit Duplex with Parking

Iowa City, IA 52245

$215,000

Two separately entered units include kitchens, laundry equipment, and dedicated off-street parking.

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Apartment Building with Vacant Commercial Space

320 2nd St, Coralville, IA 52241

$5,950,000

19,786 sqft

Apartment complex featuring studio, two-bedroom, and three-bedroom units plus vacant commercial space on the north building.

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Two-Unit Duplex with Detached Garage

Iowa City, IA 52245

$240,000

Up-and-down layout offers separate access, private laundry, and one bedroom with a full bath in each residence.

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Johnson County, IA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Johnson County, IA, showcased through 68 active listings on our real estate platform. These investment opportunities span a total of 234,507 square feet of properties for sale, with an estimated market value of $78,492,400.

Sale prices for multifamily properties in Johnson County, IA start at $149,900, averaging $1,744,275, and reaching up to $7,295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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