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Sold for $5,700,000
  • $5,700,000

    900-910 N Dodge St, Iowa City, IA 52240

    --beds
    --baths
    --sqft
    Multi Family, Residential
    Built in 1977
    -- sqft lot
    $5,786,400 Zestimate®
    $--/sqft
    $1,458 Estimated rent

    Home value

    $5,786,400

    $5.50M - $6.08M

    $1,458/mo

    Zestimate® history
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    Owner options

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    $1,458/mo

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    $1,458/mo

    Rent Zestimate®

    Refinance and save

    $31,223/mo

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    $31,223/mo

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    What's special

    Investor Alert! Rare opportunity to acquire a 44-unit rental portfolio in a highly desirable location just minutes from Downtown Iowa City and within close proximity to the University of Iowa campus. Situated north of Happy Hollow Park, this offering includes multiple contiguous parcels featuring two apartment buildings, one duplex, and one single-family home. The contiguous nature of the properties creates operational efficiencies. All 44 units are fully leased as student housing, providing immediate and stable cash flow. Current leases extend through 7/23/2026, with the majority already renewed through 7/23/2027, demonstrating strong tenant demand and consistent pre-leasing performance in this proven student rental corridor. The properties have an established rental history and benefit from their close proximity to campus, downtown amenities, public transportation, and neighborhood parks. This is a stabilized, income-producing portfolio ideal for investors seeking dependable returns in a supply-constrained market. The owner is a licensed Iowa Broker, and the sale is subject to a 1031 tax-deferred exchange. Financials, rent roll, and additional due diligence materials available upon request. Advance notice required for showings due to full occupancy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Barkalow 319-631-3268,

    Barkalow & Associates, Realtors

    Bought with:

    Tracy Barkalow

    Barkalow & Associates, Realtors

    Source: Iowa City Area AOR,MLS#: 202601136MLS Logo

    Facts & features

    Interior

    Heating
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range Or Oven, Refrigerator, Washer
    • Laundry: Other
    Features
    • Other
    • Flooring: Wood, Vinyl, Tile
    • Has fireplace: Yes
    • Fireplace features: Other
    Interior area
    • Finished area above ground: 0
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street
    • Has attached garage: Yes
    Features
    • Exterior features: Other
    Lot
    • Features: Other
    Details
    • Parcel number: 1003482013
    • Zoning: 0
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Residential
    Materials
    • Other, Frame
    • Foundation: Slab
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Close To School, Near Shopping, Near Public Transport, Park, Sidewalks, Street Lights
    • Security: Smoke Detector(s)
    • Subdivision: Unknown
    HOA
    • Services included: None
    Location
    • Region: Iowa City

    Financial & listing details

    • Tax assessed value: $5,700,000
    • Date on market: 2/12/2026
    • Listing terms: 1031 Exchange,Cash,Conventional

    Price history

    DateEventPrice
    2/12/2026Sold$5,700,000-41.4%
    Source: Iowa City Area AOR #202601136 Report a problem
    1/6/2026Listed for sale$9,724,800
    Source: Iowa City Area AOR #202600113 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Northside

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mann
    • 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 .
    $5,786,400
    2% more
    +$115K
    With Zillow Showcase(estimated)
    $5,902,128