University Heights, IA homes for sale & real estate

University Heights, IA Homes for Sale

Investment Opportunity! This well-maintained 12-unit apartment building in a prime Iowa City location offers excellent rental potential. Featuring eleven 2-bedroom units and one 1-bedroom unit, this property is ideal for tenants seeking convenience and comfort. Each unit includes spacious living areas, well-equipped kitchens, and ample storage. A shared laundry room provides added convenience. Located near the University of Iowa, shopping, dining, parks, and public transportation, this property is perfect for students, professionals, and families.

University Heights, IA Homes for Sale

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.

University Heights, IA Homes for Sale

Colonial Terrace: Well-located on West Benton Street, this 32 unit residential rental property is fully leased thru July 2025. There is a mixture of 1, 2 and 3 bedroom units with average monthly rent of $820 per unit. Convenient parking with easy access and within walking distance to the to the University of Iowa campus. Excellent rental history.

University Heights, IA Homes for Sale

What an opportunity across from Kinnick Stadium! This property has one single family home of 1,769 sq ft w/ 4BR-3BA w/ attached garage+full basement. TEN add'l separate apartments. Three tenants have lived there for 10 yrs, 30 yrs & 50 yrs respectively! Average of three year tenancy for the other seven units. GREAT ADDITIONAL INCOME POTENTIAL with game day car parking and/or RV parking w/ estimated income of over $22K! Apartments offer impressive opportunity to function as traveling nurse units or Air BnB. All units are rented for Fall 2025 with a rental income of $152,100. Laundry room connects the house to apartments. This property has been in the same family's portfolio since the 6

University Heights, IA Homes for Sale

INVESTOR ALERT! Location! Location! Location! 12 Plex on West U of I Campus For Sale! All two bedroom units. This building is a great location for grad students, walkable to Law, Dental, Pharmacy, UIHC & Kinnick Stadium. Each of these apartments have central heat and central air & separate meters for Gas & Electric. Water is on one meter billed back to Tenants. Serious Pre-Qualified Buyers Only.

University Heights, IA Homes for Sale

Ground floor Benton Manor condo in good condition. Currently rented until July , 2025 at $850.00/month. 24 hour notice required to show.