UNIQUE PROPERTY FOR SALE! TAILGATERS DREAM! ASSOC. DOCS has full info. - Located within walking distance to Carver and Kinnick. Corner lot with parking. 3 stall garages have been used in the past for game day events by the Owners and has a restroom. SALE INCLUDES 1004 NEWTON ROAD & 7 VALLEY AVE which are one parcel. 1004 Newton Road is a 2-story home with 4 rental units at $450/mo. each for $1,800 or $21,600 Annually. Tenants pay all Utilities. Annual Insurance is approx. $1,500. New roof in 2015. 7 Valley Ave is 4 rental units above a 3-stall garage, built in 1985 and rent for $650-$675 /mo. each, total of $2,675, or $32,100 Annually. Annual Insurance is approx. $2,500. Landlord provides: Water/Sewer/Garbage with a monthly Average of $133 or $1,596 Annually.
UNIQUE PROPERTY FOR SALE! TAILGATERS DREAM! Located within walking distance to Carver and Kinnick. Corner lot with parking. 3 stall garages have been used in the past for game day events by the Owners and has a restroom. SALE INCLUDES 1004 NEWTON ROAD & 7 VALLEY AVE which are one parcel. 1004 Newton Road is a 2-story home with 4 rental units at $450/mo. each for $1,800 or $21,600 Annually. Tenants pay all Utilities. Annual Insurance is approx. $1,500. New roof in 2015. 7 Valley Ave is 4 rental units above a 3-stall garage, built in 1985 and rent for $650-$675 /mo. each, total of $2,675, or $32,100 Annually. Annual Insurance is approx. $2,500. Landlord provides: Water/Sewer/Garbage with a monthly Average of $133 or $1,596 Annually. Landlord also provides Electric and Gas with a monthly Average of $104 or $1,248 Annually. LANDLORD PAYS FOR Lawn care, snow removal, repairs, supplies and trash removal. This averages $208 to $291 per month or $2,500 to $3,500 Annually. Annual City Inspection Fee $350. Current Owner prioritizes the parking spaces for the Tenants. If and when they do "Event Parking", they may have 15-cars at $20.00 per space for a possible $300 extra per "Event". This Income has not been added.
ICAARMLS #202503298
Jul 8, 2025
Sold
$1,300,000
$387/sq ft
May 21, 2025
Contingent
—
May 16, 2025
Listed
$1,300,000
$387/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,150 (+1.3%)
$179,820 + $335,470
$515,290
2024
$9,034 (−2.1%)
$179,820 + $335,470
$515,290
2023
$9,228 (−11.1%)
$161,840 + $318,450
$480,290
2022
$10,384 (−10.6%)
$161,840 + $318,450
$480,290
2021
$11,620 (−5.8%)
$161,840 + $263,890
$425,730
2020
$12,336 (+3.0%)
$161,840 + $287,290
$449,130
2019
$11,976 (−5.9%)
$161,840 + $287,290
$449,130
2018
$12,732 (+3.0%)
$152,850 + $260,810
$413,660
2017
$12,364 (−4.7%)
$152,850 + $260,810
$413,660
2016
$12,974 (−1.1%)
$152,850 + $260,810
$413,660
2015
$13,122
$143,860 + $244,330
$388,190
Tax history for 1004 Newton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$9,150 (+1.3%)
$179,820 + $335,470
$515,290
2024
$9,034 (−2.1%)
$179,820 + $335,470
$515,290
2023
$9,228 (−11.1%)
$161,840 + $318,450
$480,290
2022
$10,384 (−10.6%)
$161,840 + $318,450
$480,290
2021
$11,620 (−5.8%)
$161,840 + $263,890
$425,730
2020
$12,336 (+3.0%)
$161,840 + $287,290
$449,130
2019
$11,976 (−5.9%)
$161,840 + $287,290
$449,130
2018
$12,732 (+3.0%)
$152,850 + $260,810
$413,660
2017
$12,364 (−4.7%)
$152,850 + $260,810
$413,660
2016
$12,974 (−1.1%)
$152,850 + $260,810
$413,660
2015
$13,122
$143,860 + $244,330
$388,190
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
8,973 Sq. Ft.
Year renovated
—
Sq. Ft.
1,440
Year built
1985
Style
Other
County
Johnson County
APN
1009290013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
PRM
Planned High Density Multi-Family Residential Zone
The purpose of the planned high density multi-family residential zone PRM is to provide for development of high density multi-family housing in close proximity to centrally located employment, educational, and commercial uses. Because of the high density of development anticipated in this zone, special consideration of building and site design is required. Density bonuses may be granted when additional amenities are provided. Establishing a pleasant, safe and efficient pedestrian environment is important, since many of the city's primary destinations are within walking distance of properties zoned PRM.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 4
Has Attached Garage
Parking Features: Off Street, Attached
Interior
Heating & Cooling
Has Heating
Heating: Forced Air, Steam
Interior Features
Appliances: Refrigerator
Flooring: Carpet, Vinyl
Fireplace Features: Other
Room Information
Has Basement
Basement Details: Unfinished
Exterior
Building Information
Above Grade Finished Area: 3,360
# of Stories Total: 2
Construction Materials: Vinyl Siding, Wood Siding, Frame