IOWA CITY INVESTMENT OPPORTUNITY Ideally located 2-unit home near Downtown and UI Campus. Features up/down units with hardwood flooring and a strong rental history. Includes rare off-street parking plus street access. Perfect for investors seeking stability and upside in a premier rental market. Act fast—properties this close to campus are rarely available!*24 hour notice to show
For sale
$300,000
1123 E Washington St, Iowa City, IA 52245
--beds
--baths
2,824sqft
:
Get pre-qualified$2,142/mo
Multi Family, Residential
Built in 1930
-- sqft lot
$292,500 Zestimate®
$106/sqft
$-- HOA
What's special
- 175 days |
- 196 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Robin Sueppel 319-631-0522,
Urban Acres Real Estate,
Jerad Krall 319-631-3588,
Urban Acres Real Estate Corridor
Source: Iowa City Area AOR,MLS#: 202600977
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Microwave
Features
- Entrance Foyer, Other
- Flooring: Wood, Vinyl
- Basement: Finished,Daylight
- Attic: Expandable
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,824
- Total interior livable area: 2,824 sqft
- Finished area above ground: 2,424
- Finished area below ground: 400
Property
Parking
- Total spaces: 3
- Parking features: Off Street, On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,000 Square Feet
- Dimensions: 100 x 80
- Features: Sloped
Details
- Parcel number: 1011382009
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Frame
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Close To School, Near Shopping
- Security: Smoke Detector(s)
- Subdivision: CLARK & BORLANDS ADDITION
HOA
- Services included: None
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $352,620
- Annual tax amount: $6,316
- Date on market: 2/3/2026
Estimated market value
$292,500
$278,000 - $307,000
$2,166/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $300,000$106/sqft |
Source:  Iowa City Area AOR #202600977 Report a problem | ||
| 4/16/2026 | Listing removed | $300,000$106/sqft |
Source: Iowa City Area AOR #202600977 Report a problem | ||
| 4/11/2026 | Price change | $300,000-4.8%$106/sqft |
Source: Iowa City Area AOR #202600977 Report a problem | ||
| 2/5/2026 | Listed for sale | $315,000+59.1%$112/sqft |
Source: Iowa City Area AOR #202600977 Report a problem | ||
| 6/18/2021 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 2/16/2021 | Listed for rent | $1,550$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 5/30/2003 | Sold | $198,000$70/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,316 +1.3% | $352,620 +6.4% |
| 2024 | $6,236 +6.5% | $331,510 |
| 2023 | $5,858 +4.7% | $331,510 +22.7% |
| 2022 | $5,597 -2.2% | $270,260 |
| 2021 | $5,720 +1.9% | $270,260 +2.2% |
| 2020 | $5,616 +5.8% | $264,530 |
| 2019 | $5,306 | $264,530 +9.5% |
| 2018 | $5,306 +1.1% | $241,520 |
| 2017 | $5,250 +0.1% | $241,520 +1.2% |
| 2016 | $5,244 +2% | $238,540 |
| 2015 | $5,142 +2.8% | $238,540 +3.2% |
| 2014 | $5,002 | $231,210 |
| 2012 | -- | $231,210 -3.6% |
| 2011 | -- | $239,870 +0.9% |
| 2009 | -- | $237,620 |
| 2008 | -- | $237,620 +45.3% |
| 2005 | $3,008 +2.5% | $163,530 |
| 2004 | $2,934 +4.9% | $163,530 +11.9% |
| 2003 | $2,796 +3.6% | $146,100 |
| 2002 | $2,698 +9.1% | $146,100 +9.1% |
| 2001 | $2,472 | $133,920 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: College Green
Nearby schools
GreatSchools rating
- 6/10Longfellow Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Southeast Junior High SchoolGrades: 6-8Distance: 1.4 mi
- 6/10Iowa City High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Mann
- Middle: Southeast
- High: City
Source: Iowa City Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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