Skip main navigation
For sale
    • $765,000

    521 E College St, Iowa City, IA 52240

    --beds
    --baths
    3,240sqft
    : 
    $5,513/mo
    Get pre-qualified
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $236/sqft
    $-- HOA

    What's special

    Here's the condensed MLS remarks for 521 E College Street: MLS Remarks (Long Version - ~700 characters) Single-family investment opportunity minutes from the University of Iowa campus and downtown Iowa City. Built in 1890, this residence offers 8 bedrooms and 4 baths across 3,240 SF on a 0.172-acre lot. Proforma NOI of $52,923 on a 6.92% cap rate. Strong, consistent housing demand in an established rental market. Walkable to campus, Kinnick Stadium, Carver-Hawkeye Arena, City Park, and downtown amenities.
    59 days
    169
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiffany Earl Williams-WSG CRE 319-651-8165,

    SKOGMAN REALTY COMMERCIAL,

    Joshua Seamans 319-213-4884,

    SKOGMAN REALTY COMMERCIAL

    Source: CRAAR, CDRMLS,MLS#: 2605000MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors

      Facts & features

      Interior

      Heating
      • Electric, Gas
      Cooling
      • Central Air
      Features
      • Basement: Full
      Interior area
      • Total interior livable area: 3,240 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Parking Space(s)
      Lot
      • Size: 7,492 Square Feet
      • Dimensions: 7500
      Details
      • Parcel number: 1010457005
      • Zoning: Res
      • Zoning description: Res

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Composite Siding, Frame, Vinyl Siding
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Iowa City

      Financial & listing details

      • Price per square foot: $236/sqft
      • Tax assessed value: $451,430
      • Annual tax amount: $8,137
      • Date on market: 7/13/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,513/mo

        Price history

        DateEventPrice
        7/13/2026Listed for sale$765,000$236/sqft
        Source: CRAAR, CDRMLS #2605000 Report a problem
        11/21/2025Listing removed$6,000$2/sqft
        Source: Zillow Rentals Report a problem
        11/17/2025Listed for rent$6,000+20%$2/sqft
        Source: Zillow Rentals Report a problem
        3/7/2025Listing removed$5,000$2/sqft
        Source: Zillow Rentals Report a problem
        1/24/2025Listed for rent$5,000$2/sqft
        Source: Zillow Rentals Report a problem
        12/24/2024Listing removed$5,000-10.6%$2/sqft
        Source: Zillow Rentals Report a problem
        10/10/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/4/2023Listed for rent$5,595+4.6%$2/sqft
        Source: Zillow Rentals Report a problem
        10/13/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/11/2022Listed for rent$5,350+2.9%$2/sqft
        Source: Zillow Rental Manager Report a problem
        11/2/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/19/2021Listed for rent$5,200+8.3%$2/sqft
        Source: Zillow Rental Manager Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        11/8/2018Listing removed$4,800$1/sqft
        Source: Owner Report a problem
        10/29/2018Price change$4,800-2%$1/sqft
        Source: Owner Report a problem
        10/20/2018Listed for rent$4,900$2/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,138 +1.3%$451,430 +5.7%
        2024$8,036 -4.2%$427,170
        2023$8,389 -11.1%$427,170 +10.4%
        2022$9,440 -4.4%$387,060
        2021$9,870 -5.8%$387,060 +1.5%
        2020$10,476 +7.3%$381,450
        2019$9,764 $381,450 +13.1%
        2018$9,764 -5.9%$337,250
        2017$10,380 +6%$337,250 +9.7%
        2016$9,788 -4.7%$307,300
        2015$10,270 +3.1%$307,300 +7.7%
        2014$9,966 $285,310 +3.5%
        2012-- $275,570
        2011-- $275,570 -2.9%
        2009-- $283,830
        2008-- $283,830
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: College Green

        Getting around

        93 / 100
        Walker's Paradise
        49 / 100
        Some Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Longfellow
        • Middle: Southeast
        • High: City

        Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Iowa City Topics

                Search
                Updates
                Favorites
                Plan
                Inbox