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For sale
  • Price cut: $10K (6/5)
    $309,950

    409 S 7th Ave, Iowa City, IA 52245

    4beds
    1,721sqft
    : 
    $2,212/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1992
    6,250 Square Feet Lot
    $309,200 Zestimate®
    $180/sqft
    $-- HOA

    What's special

    Additional one-stall garageComfortable living spacesCorner lotOne stall attached garageIn-unit laundrySpacious and manageable yard
    Welcome to this charming and well-located property in the heart of Iowa City right on a corner lot! This split-level home offers a unique investment or owner-occupant opportunity, currently split into two rentable units. A 2-bedroom 1-bathroom unit is located on the upper level. There is a one-bedroom/studio unit layout in the lower level. A one stall attached garage provides easy access to the lower-level unit, while the front door will easily take you to the upper unit. Each level has their own in-unit laundry and appliances. There is an additional one-stall garage that can be used as a workshop or storage unit, conveniently located on the neighboring lot with plenty of room for driveway parking and even gardening or entertaining with a spacious and manageable yard. Each unit is currently tenant occupied on a month-to-month lease, making this an excellent opportunity to expand your investment portfolio while making instant cash flow. This home can also easily be converted back into a home for owner occupancy. You could even live in one unit while renting out the other, making this versatile property full of potential! Just minutes from downtown, parks, and the University of Iowa, the location provides strong rental appeal with easy access to shopping, dining, and entertainment. Each unit offers comfortable living spaces!
    108 days
    |
    265
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Barkalow 319-631-3268,

    Barkalow & Associates, Realtors

    Source: Iowa City Area AOR,MLS#: 202602308MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Dining Room
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Washer
      Features
      • Other, Breakfast Bar
      • Flooring: Carpet, Laminate
      • Basement: Full
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,721
      • Total interior livable area: 1,721 sqft
      • Finished area above ground: 1,146
      • Finished area below ground: 575

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street
      • Has attached garage: Yes
      Features
      • Patio & porch: Patio
      Lot
      • Size: 6,250 Square Feet
      • Dimensions: 50 x 125
      • Features: Less Than Half Acre
      Details
      • Additional structures: Outbuilding, Shed(s)
      • Parcel number: 1014201001
      • Zoning: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Split Level
      • Property subtype: Single Family Residence, Residential
      Materials
      • Vinyl, Frame
      Condition
      • Year built: 1992

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Near Public Transport, Sidewalks, Street Lights
      • Security: Smoke Detector(s)
      • Subdivision: Ridgewood
      Location
      • Region: Iowa City

      Financial & listing details

      • Price per square foot: $180/sqft
      • Tax assessed value: $257,210
      • Annual tax amount: $4,680
      • Date on market: 4/7/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $309,200

        $294,000 - $325,000

        $2,312/mo

        Price history

        DateEventPrice
        6/5/2026Price change$299,950-3.2%$174/sqft
        Source: CRAAR, CDRMLS #2602376 Report a problem
        4/7/2026Listed for sale$309,950-1.3%$180/sqft
        Source: Iowa City Area AOR #202602308 Report a problem
        1/22/2026Listing removed$314,000$182/sqft
        Source: Iowa City Area AOR #202505754 Report a problem
        9/11/2025Listed for sale$314,000+84.7%$182/sqft
        Source: Iowa City Area AOR #202505754 Report a problem
        9/16/2013Sold$170,000-10.5%$99/sqft
        Source: Iowa City Area AOR #20133536 Report a problem
        7/3/2013Listed for sale$189,900$110/sqft
        Source: Coldwell Banker Real Estate Professionals #20133536 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,680 +1.3%$257,210 +4.7%
        2024$4,622 +6%$245,710
        2023$4,361 +4.7%$245,710 +22.1%
        2022$4,167 -0.2%$201,200
        2021$4,176 +1.9%$201,200 +4.2%
        2020$4,100 +5.8%$193,140
        2019$3,876 $193,140 +9.5%
        2018$3,876 +1%$176,430
        2017$3,836 +1.1%$176,430 +2.2%
        2016$3,796 +2%$172,680
        2015$3,722 +2.1%$172,680 +2.5%
        2014$3,644 $168,490
        2012-- $168,490
        2011-- $168,490 -0.3%
        2009-- $168,930
        2008-- $168,930 +14.9%
        2005$2,560 +2.6%$147,060
        2004$2,494 +4.2%$147,060 +10.5%
        2003$2,394 +4%$133,060
        2002$2,302 +39.2%$133,060 +35.5%
        2001$1,654 $98,200
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Morningslde-Glendale

        Getting around

        44 / 100
        Car-Dependent
        32 / 100
        Some Transit
        63 / 100
        Bikeable

        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.

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