Sold for $2,700,000

$2,700,000

413/419 S Johnson St, Iowa City, IA 52240

--beds

--baths

21,209sqft

Multi Family

Built in 1967

-- sqft lot

$2,715,300 Zestimate^®

$127/sqft

$1,225 Estimated rent

Home value

$2,715,300

$2.58M - $2.85M

$1,225/mo

Zestimate^® history

Owner options

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$1,225/mo

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$1,225/mo

Rent Zestimate^®

Refinance and save

$14,790/mo

Est. payment

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$14,790/mo

Est. payment

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What's special

In-unit appliancesWall ac

Prime Downtown Iowa City 3-building portfolio with 27 units + 4 storage units on 0.63 acres. Mix of 1–3 bedroom apartments with in-unit appliances, LVP/carpet floors, and wall AC. Includes 34 reserved parking spaces. Just 2 blocks from The University of Iowa, ensuring strong rental demand. Rented by unit, 95% occupancy, offering stable cash flow and potential for rent growth. Portfolio includes 413 & 419 S Johnson Street and 430 S Van Buren St., Iowa City IA

Facts & features

Interior

Heating

Electric, Gas, Hot Water

Cooling

Central Air

Appliances

Laundry: In Unit

Interior area

Total interior livable area: 21,209 sqft

Property

Parking

Parking features: Parking Space(s)

Features

Patio & porch: Deck, Patio

Lot

Size: 0.62 Acres
Dimensions: .621 Acre

Details

Parcel number: 1015129005/1015129008/1015129011
Zoning: RM44
Zoning description: RM44

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Frame
Foundation: Slab

Condition

Year built: 1967

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Iowa City

Financial & listing details

Price per square foot: $127/sqft
Annual tax amount: $52,234
Date on market: 12/8/2025
Listing terms: Cash

Price history

Date	Event	Price
4/15/2026	Sold	$2,700,000-1.8%$127/sqft
Source: CRAAR, CDRMLS #2509719 Report a problem
1/20/2026	Pending sale	$2,750,000$130/sqft
Source: CRAAR, CDRMLS #2509719 Report a problem
12/8/2025	Listed for sale	$2,750,000$130/sqft
Source: CRAAR, CDRMLS #2509719 Report a problem