36 Unit Apartment Complex For Sale! Prime Location Close to University of Iowa Hospitals & Clinics! 34 Two Bedroom & 2 One Bedroom Apartments. This location offers elevator, underground garage parking, patio/balcony in each apartment. Tenants pay all utilities. Building is close to U of I Hospital, U of I Law, Pharmacy, Dental & Kinnick! Public transportation in front of building. Brand new coin operated machines onsite. Sale is subject to Seller completing a 1031 tax differed exchange. Pre-Approved / Qualified Buyers Only! Owner is a licensed Realtor in the state of Iowa.
Sold for $4,800,000
$4,800,000
1006 Oakcrest St, Iowa City, IA 52246
--beds
1baths
44,928sqft
Multi Family, Residential
Built in 1984
-- sqft lot
$4,877,000 Zestimate®
$107/sqft
$1,219 Estimated rent
Home value
$4,877,000
$4.63M - $5.12M
$1,219/mo
Zestimate® history
Owner options
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$26,293/mo
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List your homeWhat's special
Underground garage parking
Zillow last checked:
Listing updated:
Listed by:
Tracy Barkalow 319-631-3268,
Barkalow & Associates, Realtors
Bought with:
Lepic-Kroeger, REALTORS
Source: Iowa City Area AOR,MLS#: 202502864
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Rooms
- Room types: Living Room Dining Room Combo
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Microwave
- Laundry: Laundry Room, In Hall
Features
- Elevator, Zero Step Entry, Breakfast Area, Breakfast Bar
- Flooring: Carpet, Vinyl
- Basement: Full,Walk-Out Access
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 44,928
- Total interior livable area: 44,928 sqft
- Finished area above ground: 33,696
- Finished area below ground: 11,232
Property
Parking
- Total spaces: 4
- Parking features: Off Street
- Has attached garage: Yes
Features
- Patio & porch: Deck
- Exterior features: Balcony
Details
- Parcel number: 1016279003
- Zoning: Multifamily
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Frame, Aluminum Siding
Condition
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Near Public Transport
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
- Subdivision: Terrace Hill
HOA
- Services included: None
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $4,800,000
- Annual tax amount: $55,936
- Date on market: 4/30/2025
- Listing terms: Conventional,1031 Exchange,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Sold | $4,800,000-3%$107/sqft |
Source:  Iowa City Area AOR #202502864 Report a problem | ||
| 9/1/2025 | Pending sale | $4,950,000$110/sqft |
Source: Iowa City Area AOR #202502864 Report a problem | ||
| 4/30/2025 | Listed for sale | $4,950,000+50%$110/sqft |
Source: Iowa City Area AOR #202502864 Report a problem | ||
| 7/3/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/2/2023 | Listed for rent | $1,050-2.3% |
Source: Zillow Rentals Report a problem | ||
| 10/4/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 10/1/2022 | Listed for rent | $1,075+8% |
Source: Zillow Rental Network Premium_1 Report a problem | ||
| 3/29/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/15/2021 | Listed for rent | $995 |
Source: Zillow Rental Manager Report a problem | ||
| 12/30/2020 | Listing removed | $995 |
Source: Zillow Rental Manager Report a problem | ||
| 10/6/2020 | Price change | $995+4.7% |
Source: Big Ten Property Management LLC Report a problem | ||
| 3/11/2020 | Listed for rent | $950 |
Source: Big Ten Property Management LLC Report a problem | ||
| 2/6/2020 | Listing removed | $950 |
Source: Big Ten Property Management LLC Report a problem | ||
| 3/2/2019 | Listed for rent | $950+18.8% |
Source: Big Ten Property Management LLC Report a problem | ||
| 3/1/2019 | Sold | $3,300,000$73/sqft |
Source: Iowa City Area AOR #20186799 Report a problem | ||
| 7/22/2014 | Listing removed | $800 |
Source: SouthGate Property Management Report a problem | ||
| 6/17/2014 | Listed for rent | $800 |
Source: SouthGate Property Management Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 52246
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Nearby schools
GreatSchools rating
- 5/10Ernest Horn Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Northwest Junior High SchoolGrades: 6-8Distance: 2.6 mi
- 8/10West Senior High SchoolGrades: 9-12Distance: 1.4 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$4,877,000
2% more
+$97,540
With Zillow Showcase(estimated)
$4,974,540
- Iowa
- Johnson County
- Iowa City
- 52246
- 1006 Oakcrest St
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