Welcome to 1406 Franklin St! This beautifully updated home blends classic charm with modern updates in one of Iowa City's more established neighborhoods. Step inside to discover brand new carpet, fresh paint throughout, and two fully remodeled bathrooms (2025), creating a clean, move-in-ready space you'll love from day one. Outside, the mature shade tree adds timeless curb appeal and creates a relaxing setting to enjoy the front yard. Whether you're looking for your first home, more space, or a convenient location close to everything Iowa City has to offer, this property checks all the boxes. Located just minutes from Downtown Iowa City, the University of Iowa, and UI Health Care, you'll enjoy quick access to restaurants, shopping, coffee shops, parks, and entertainment. Outdoor enthusiasts will appreciate nearby City Park, the Iowa River Trail, and several neighborhood parks, while commuters will love the easy access to Highway 6. Don't miss your opportunity to own this thoughtfully updated home in a convenient Iowa City location. Schedule your private showing today and see everything 1406 Franklin St has to offer!
For sale
Price cut: $7.5K (8/25)
$220,000
1406 Franklin St, Iowa City, IA 52240
2beds
1,120sqft
Single Family Residence, Residential
Built in 1955
7,405 Square Feet Lot
$215,900 Zestimate®
$196/sqft
$-- HOA
What's special
Timeless curb appealBrand new carpetBeautifully updated homeFresh paint throughoutTwo fully remodeled bathroomsMature shade tree
- 34 days
- 1,163
- 71
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Matt Jorgenson 319-541-8178,
Keller Williams Legacy Group
Source: Iowa City Area AOR,MLS#: 202604763
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Primary Bath
Heating
- Baseboard, Electric, Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Washer
- Laundry: Main Level
Features
- Other, Primary On Main Level, Breakfast Area
- Flooring: Carpet, LVP, Laminate
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
- Finished area above ground: 1,120
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Has attached garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 7,405 Square Feet
- Dimensions: 60 x 126
- Features: Less Than Half Acre
Details
- Parcel number: 1014381003
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Composit, Vinyl, Frame
- Foundation: Slab
Condition
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Close To School, Near Shopping, Sidewalks, Street Lights
- Subdivision: Highland
HOA
- Services included: None
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $196/sqft
- Tax assessed value: $210,290
- Annual tax amount: $3,636
- Date on market: 7/31/2026
- Listing terms: Cash,Conventional
Estimated market value
$215,900
$205,000 - $227,000
$1,628/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Price change | $220,000-3.3%$196/sqft |
Source:  Iowa City Area AOR #202604763 Report a problem | ||
| 7/31/2026 | Listed for sale | $227,500+68.6%$203/sqft |
Source: Iowa City Area AOR #202604763 Report a problem | ||
| 8/10/2013 | Listing removed | $134,900$120/sqft |
Source: Lepic-Kroeger Realtors #2122648 Report a problem | ||
| 7/7/2013 | Listed for sale | $134,900+7.9%$120/sqft |
Source: Lepic-Kroeger Realtors #2122648 Report a problem | ||
| 3/1/2013 | Sold | $125,000-5.3%$112/sqft |
Source: Iowa City Area AOR #20130691 Report a problem | ||
| 2/28/2013 | Pending sale | $132,000$118/sqft |
Source: Vermace Realty #20130691 Report a problem | ||
| 1/30/2013 | Listed for sale | $132,000+1.6%$118/sqft |
Source: Vermace Realty #20130691 Report a problem | ||
| 9/2/2012 | Listing removed | $129,900$116/sqft |
Source: Lepic-Kroeger, REALTORS #20124395 Report a problem | ||
| 8/3/2012 | Price change | $129,900-1.2%$116/sqft |
Source: Lepic-Kroeger, REALTORS #20124395 Report a problem | ||
| 6/19/2012 | Price change | $131,500-2.5%$117/sqft |
Source: Lepic-Kroeger, REALTORS #20122648 Report a problem | ||
| 4/28/2012 | Listed for sale | $134,900$120/sqft |
Source: Lepic-Kroeger, REALTORS #20122648 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,442 -4.2% | $210,290 +10.2% |
| 2024 | $3,591 +1.5% | $190,910 |
| 2023 | $3,537 +4.7% | $190,910 +17% |
| 2022 | $3,379 +0.5% | $163,180 |
| 2021 | $3,362 +1.8% | $163,180 +4.9% |
| 2020 | $3,302 +11.1% | $155,520 |
| 2019 | $2,972 | $155,520 +15% |
| 2018 | $2,972 +1.1% | $135,240 |
| 2017 | $2,940 +1.4% | $135,240 +2.6% |
| 2016 | $2,898 +2% | $131,850 |
| 2015 | $2,842 +4.3% | $131,850 +4.7% |
| 2014 | $2,724 | $125,910 +5.8% |
| 2012 | -- | $119,010 |
| 2011 | -- | $119,010 +3% |
| 2009 | -- | $115,540 |
| 2008 | -- | $115,540 +22% |
| 2005 | $1,598 +2.8% | $94,730 |
| 2004 | $1,554 +3.3% | $94,730 +9.5% |
| 2003 | $1,504 +4.3% | $86,550 |
| 2002 | $1,442 +16.9% | $86,550 +14.6% |
| 2001 | $1,234 | $75,530 |
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: Lucas Farms
Nearby schools
Schools provided by the listing agent
- Elementary: Twain
- 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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