36 Unit Apartment Complex For Sale! Prime Location Close to University of Iowa Hospitals & Clinics! 34 Two Bedroom & 2 One Bedroom Apartments. This location offers elevator, underground garage parking, patio/balcony in each apartment. Tenants pay all utilities. Building is close to U of I Hospital, U of I Law, Pharmacy, Dental & Kinnick! Public transportation in front of building. Brand new coin operated machines onsite. Sale is subject to Seller completing a 1031 tax differed exchange. Pre-Approved / Qualified Buyers Only! Owner is a licensed Realtor in the state of Iowa.
Multi-familyProperty Type
1984Year Built
$107Price/Sq.Ft.
4 spacesParking
Listed by Tracy Barkalow• Barkalow & Associates, Realtors
36 UNITS! WALKING DISTANCE to UIHC & UI sports. all rented, . EXTRA special, rare opportunity. LOCATION is the best available. 34 two bed units and 2 one bed, all with full bath, kitchen, and indoor, underground parking. PLUS more parking available outside. Each unit has a deck, stove, fridge, dishwasher and heat, water, garbage included. New boiler, new garage door, new sidewalk & drive concrete. Some new windows. Listing agent is related to the Seller. CALL AGENT ONLY to show. 24 Hr notice to show.
ICAARMLS #202502864
Sep 2, 2025
Sold
$4,800,000
$107/sq ft
Sep 1, 2025
Pending
—
Aug 6, 2025
Contingent
—
Jul 30, 2025
Relisted
—
Jun 28, 2025
Contingent
—
Apr 30, 2025
Listed
$4,950,000
$110/sq ft
REDFIN #2
Jul 28, 2025
Rental Removed
$1,150
$0/sq ft
Oct 29, 2024
Listed for Rent
$1,150
$0/sq ft
ICAARMLS #202500855
Feb 3, 2025
Listed
$5,200,000
$116/sq ft
CONNECTLINX #1
Oct 20, 2024
Rental Removed
$1,050
$0/sq ft
Jun 6, 2024
Listed for Rent
$1,050
$0/sq ft
CRAAR, CDRMLS #1808528
Mar 1, 2019
Sold
$3,300,000
$73/sq ft
Dec 28, 2018
Listed
$3,200,000
$71/sq ft
Public Records
May 14, 2008
Sold
$1,925,000
$43/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$56,642 (+1.3%)
$306,400 + $2,987,990
$3,294,390
2024
$55,936 (−1.7%)
$306,400 + $2,987,990
$3,294,390
2023
$56,906 (−11.1%)
$287,250 + $2,686,210
$2,973,460
2022
$64,036 (−7.4%)
$287,250 + $2,686,210
$2,973,460
2021
$69,180 (+15.1%)
$287,250 + $2,338,230
$2,625,480
2020
$60,110 (+9.3%)
$287,250 + $2,386,540
$2,673,790
2019
$55,016 (+1.1%)
$287,250 + $2,386,540
$2,673,790
2018
$54,436 (+7.2%)
$278,820 + $2,225,260
$2,504,080
2017
$50,776 (+2.0%)
$278,820 + $2,225,260
$2,504,080
2016
$49,790 (+7.9%)
$278,820 + $2,225,260
$2,504,080
2015
$46,148 (+3.2%)
$286,870 + $2,023,100
$2,309,970
2014
$44,716
$252,780 + $1,880,680
$2,133,460
Tax history for 1006 Oakcrest St
Year
Property tax
Land + Additions
Assessment*
2025
$56,642 (+1.3%)
$306,400 + $2,987,990
$3,294,390
2024
$55,936 (−1.7%)
$306,400 + $2,987,990
$3,294,390
2023
$56,906 (−11.1%)
$287,250 + $2,686,210
$2,973,460
2022
$64,036 (−7.4%)
$287,250 + $2,686,210
$2,973,460
2021
$69,180 (+15.1%)
$287,250 + $2,338,230
$2,625,480
2020
$60,110 (+9.3%)
$287,250 + $2,386,540
$2,673,790
2019
$55,016 (+1.1%)
$287,250 + $2,386,540
$2,673,790
2018
$54,436 (+7.2%)
$278,820 + $2,225,260
$2,504,080
2017
$50,776 (+2.0%)
$278,820 + $2,225,260
$2,504,080
2016
$49,790 (+7.9%)
$278,820 + $2,225,260
$2,504,080
2015
$46,148 (+3.2%)
$286,870 + $2,023,100
$2,309,970
2014
$44,716
$252,780 + $1,880,680
$2,133,460
*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
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
0.77 Acres
Year renovated
—
Sq. Ft.
33,696
Year built
1984
Style
Other
County
Johnson County
APN
1016279003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
RM44
High Density Multi-Family Residential Zone
The purpose of the high density multi-family residential zone RM-44 is to establish areas for the development of high density, multi- family dwellings and group living quarters. Properties zoned RM-44 should be located with good access to all city services and facilities, including public transportation services. Vehicular access and parking should be designed carefully to ensure efficient traffic and pedestrian circulation on adjacent streets. Due to the high density permitted in this zone, careful attention to site design is expected to ensure that buildings are compatible with surrounding land uses and that a quality living environment will be maintained over time.