Great investment opportunity at 931 Dewey Street in Iowa City! This fully occupied duplex offers immediate rental income with tenants responsible for all utilities, helping keep operating expenses lower for the owner. The upper unit features 1 bedroom and 1 bathroom and rents for $850/month. The spacious lower unit offers 3 bedrooms and 2 bathrooms, spanning the main level and finished basement, and rents for $1,600/month. Combined gross rental income is $2,450 per month, or $29,400 annually. Additional features include a large backyard and detached garage, a combination that's hard to find in this area. Located in a quiet, established neighborhood with convenient access to downtown Iowa City and shopping, this property offers a strong opportunity for an investor looking for an income-producing duplex with two established rental streams.Buyer to verify square footage and schools. Advance notice required for tenants.
For sale
$300,000
931 Dewey St, Iowa City, IA 52245
--beds
--baths
1,400sqft
Multi Family, Residential
Built in 1900
-- sqft lot
$252,400 Zestimate®
$214/sqft
$-- HOA
What's special
Detached garageFinished basementLarge backyard
- 23 hours
- 38
- 0
Zillow last checked:
Listing updated:
Listed by:
Bryant Nicholson 319-853-3555,
Affinity Real Estate Services
Source: Iowa City Area AOR,MLS#: 202605473
Facts & features
Interior
Heating
- Natural Gas, Forced Air
Appliances
- Included: Range Or Oven, Refrigerator, Dryer, Washer
- Laundry: In Basement
Features
- Other
- Flooring: Carpet, Vinyl
- Basement: Full,See Remarks
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,400
- Total interior livable area: 1,400 sqft
- Finished area above ground: 1,400
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Off Street
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 0.25 Acres
- Dimensions: 66 x 166
Details
- Parcel number: 1003484014
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Vinyl, Frame
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Other
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Unknown
HOA
- Services included: None
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $241,950
- Annual tax amount: $4,124
- Date on market: 9/10/2026
- Listing terms: Cash,Conventional
Estimated market value
$252,400
$215,000 - $290,000
$1,593/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $300,000+92.9%$214/sqft |
Source:  Iowa City Area AOR #202605473 Report a problem | ||
| 8/25/2025 | Listing removed | $1,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/10/2025 | Listed for rent | $1,600+4.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/7/2023 | Price change | $1,525-1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2023 | Listed for rent | $1,550+3.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/17/2023 | Listed for rent | $1,500+93.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/26/2020 | Listing removed | $775$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/30/2019 | Listed for rent | $775-38%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/11/2018 | Listing removed | $1,250$1/sqft |
Source: Owner Report a problem | ||
| 5/14/2018 | Listed for rent | $1,250$1/sqft |
Source: Owner Report a problem | ||
| 6/27/2007 | Sold | $155,500$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,124 +1.3% | $241,950 +11.8% |
| 2024 | $4,072 +5.9% | $216,460 |
| 2023 | $3,845 +4.7% | $216,460 +22% |
| 2022 | $3,674 +1.5% | $177,420 |
| 2021 | $3,620 +1.9% | $177,420 +6% |
| 2020 | $3,554 +4.3% | $167,450 |
| 2019 | $3,406 | $167,450 +8% |
| 2018 | $3,406 +9% | $155,020 +7.8% |
| 2017 | $3,126 -1% | $143,770 +0.1% |
| 2016 | $3,156 +1.9% | $143,620 |
| 2015 | $3,096 0% | $143,620 +1.7% |
| 2014 | $3,096 | $141,210 |
| 2012 | -- | $141,210 |
| 2011 | -- | $141,210 +0.7% |
| 2009 | -- | $140,160 |
| 2008 | -- | $140,160 +19.6% |
| 2005 | $2,156 +2.6% | $117,190 |
| 2004 | $2,102 -0.1% | $117,190 +6.6% |
| 2003 | $2,104 +3.5% | $109,950 |
| 2002 | $2,032 -1.7% | $109,950 -1.8% |
| 2001 | $2,068 | $112,020 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Northside
Nearby schools
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.
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