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Sold for $7,725,000
  • $7,725,000

    307/321 S Linn St Unit 60, Iowa City, IA 52240

    --beds
    1baths
    22,280sqft
    Multi Family, Residential
    Built in 1993
    -- sqft lot
    $7,876,200 Zestimate®
    $347/sqft
    $1,217 Estimated rent

    Home value

    $7,876,200

    $7.48M - $8.27M

    $1,217/mo

    Zestimate® history
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    $1,217/mo

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    $1,217/mo

    Rent Zestimate®

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    $42,315/mo

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    $42,315/mo

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    What's special

    60 Multifamily units for sale with 2 - 2,500sqft commercial space and 36 paid underground parking spaces in the heart of Downtown Iowa City. There are 2 towers that have 30 units each in total there are 54 - 2 bedroom, 1bath units - And 6 - 1 bedroom, 1 bath units. This unique property has 6 different floor plans. Top floor units have vaulted ceilings with some units that have a spiral staircase that leads to a bedroom/loft area. New Roof in 2021. Many units have updated LVP flooring and appliances. Onsite Laundry rooms - the 3rd floor has 2 laundry rooms and the 2nd and 1st have 1 laundry room. 24 hour notice to show - Contact agent Property being sold as is Contact agent for Rent Roll and P&L for more details

    Zillow last checked:

    Listing updated:

    Listed by:

    Mitch Price 319-631-1328,

    Urban Acres Real Estate

    Bought with:

    Eliza Ghabel

    Edge Realty Group

    Source: Iowa City Area AOR,MLS#: 202504006MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    Heating
    • Baseboard
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Breakfast Area, Elevator, Vaulted Ceiling(s), Family Room On Main Level
    • Flooring: Carpet, Vinyl
    • Windows: Skylight(s)
    • Basement: See Remarks
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 22,280
    • Total interior livable area: 22,280 sqft
    • Finished area above ground: 17,280
    • Finished area below ground: 5,000

    Property

    Parking
    • Total spaces: 4
    • Parking features: Drive Under
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    Lot
    • Size: 0.55 Acres
    • Dimensions: 150 x 160
    • Features: Half To One Acre
    Details
    • Parcel number: 1010383004
    • Zoning: RFC-SD,
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Residential
    Materials
    • Brick, Vinyl, Frame
    Condition
    • Year built: 1993

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Near Shopping, Security, Sidewalks
    • Security: Smoke Detector(s)
    • Subdivision: unk
    HOA
    • Services included: None
    Location
    • Region: Iowa City

    Financial & listing details

    • Price per square foot: $347/sqft
    • Annual tax amount: $138,542
    • Date on market: 6/17/2025
    • Listing terms: 1031 Exchange,Cash,Conventional

    Price history

    DateEventPrice
    10/20/2025Sold$7,725,000-12.2%$347/sqft
    Source: Iowa City Area AOR #202504006 Report a problem
    6/17/2025Listed for sale$8,800,000$395/sqft
    Source: Iowa City Area AOR #202504006 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Creekside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Longfellow
    • 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.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $7,876,200
    2% more
    +$157K
    With Zillow Showcase(estimated)
    $8,033,724