Real Estate Investment Properties for Sale in Iowa City, IA

Looking for investment property in Iowa City, IA with high ROI ?

Explore a variety of short-term homes & houses in Iowa City, IA. Invest wisely with VRBO & Iowa City, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Iowa City, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2184 Willenbrock Cir Iowa City, IA Accepting back-up offers. Unit w Nice Greenspace Views & One Owner & Very Loved 3-bedroom,...	3 beds \| 2 baths \| 1,420 sq.ft.	$340,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 2.42% Airbnb Rental Income: $2229 Traditional Rental Income: $2114 Airbnb ROI: 1.03% Traditional ROI: 2.42%
201 E Washington St #902 Iowa City, IA TURNKEY. SMART. SOPHISTICATED. DOWNTOWN. An exceptional 9th-floor residence where luxury f...	1 beds \| 1 baths \| 1,140 sq.ft.	$539,900	Airbnb cash on cash: -1.51% Traditional cash on cash: 0.75% Airbnb Rental Income: $1558 Traditional Rental Income: $2250 Airbnb ROI: -1.51% Traditional ROI: 0.75%
701 Caroline Avenue Iowa City, IA Whiting Addition Charmer! The well maintained ranch home sits at the end of Caroline where...	3 beds \| 2 baths \| 1,092 sq.ft.	$275,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 3.73% Airbnb Rental Income: $1811 Traditional Rental Income: $1714 Airbnb ROI: 2.21% Traditional ROI: 3.73%
816 N 1st Avenue Iowa City, IA Discover the perfect combination of space, comfort, and convenience in this well-maintaine...	3 beds \| 3 baths \| 1,775 sq.ft.	$309,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 5.05% Airbnb Rental Income: $1715 Traditional Rental Income: $2339 Airbnb ROI: 1.29% Traditional ROI: 5.05%
17 Briar Ridge Dr NE Iowa City, IA Experience the pinnacle of luxury living in this breathtaking estate, nestled on 1.82 acre...	4 beds \| 4 baths \| 3,444 sq.ft.	$725,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 3.68% Airbnb Rental Income: $3129 Traditional Rental Income: $4112 Airbnb ROI: 1.17% Traditional ROI: 3.68%
2264 Plaen View Dr Iowa City, IA Prime West Side Iowa City Location! This 3-bedroom, 2-bath zero-lot home offers comfort, n...	3 beds \| 2 baths \| 1,562 sq.ft.	$259,900	Airbnb cash on cash: 2.08% Traditional cash on cash: 5.67% Airbnb Rental Income: $1726 Traditional Rental Income: $2130 Airbnb ROI: 2.08% Traditional ROI: 5.67%
84 Amhurst St Iowa City, IA Less than two blocks from Lemme Elementary and on the bus line, this home makes busy morni...	4 beds \| 3 baths \| 1,742 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 5.18%
19 Eversull Lane Iowa City, IA Move-in-ready east-side ranch in Stone Bridge Estates is waiting for you to call it home! ...	4 beds \| 3 baths \| 2,251 sq.ft.	$445,900	Airbnb cash on cash: 3.5% Traditional cash on cash: 2.64% Airbnb Rental Income: $3445 Traditional Rental Income: $2325 Airbnb ROI: 3.5% Traditional ROI: 2.64%
826 Walnut St Iowa City, IA No cookie cutter home here! This house is full of charm, character and unexpected surprise...	3 beds \| 3 baths \| 1,714 sq.ft.	$334,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 5.24% Airbnb Rental Income: $1536 Traditional Rental Income: $2555 Airbnb ROI: 0.58% Traditional ROI: 5.24%
1429 McKinley Place Iowa City, IA Do you want a lower interest rate? This seller is offering $3000 towards an interest rate ...	3 beds \| 3 baths \| 2,019 sq.ft.	$297,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.77% Airbnb Rental Income: $1726 Traditional Rental Income: $2521 Airbnb ROI: 0.22% Traditional ROI: 4.77%
4741 Herbert Hoover Hwy Iowa City, IA Great opportunity for an east-side condo! Open floor plan on the main level with large kit...	3 beds \| 3 baths \| 1,713 sq.ft.	$250,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 6.68% Airbnb Rental Income: $1518 Traditional Rental Income: $2518 Airbnb ROI: 0.57% Traditional ROI: 6.68%
925 Longfellow Pl Iowa City, IA Welcome to this bright and inviting top floor, 2 bedroom condo in Longfellow Manor, nestle...	2 beds \| 1 baths \| 1,185 sq.ft.	$200,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 3.42% Airbnb Rental Income: $1720 Traditional Rental Income: $1383 Airbnb ROI: 2.69% Traditional ROI: 3.42%
420 N 1st Avenue #107 Iowa City, IA A great east-side main-level 2-BR 2-Bath condo! Bedrooms are on either side of the living ...	2 beds \| 2 baths \| 1,169 sq.ft.	$210,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 5.17% Airbnb Rental Income: $1615 Traditional Rental Income: $1848 Airbnb ROI: 1.7% Traditional ROI: 5.17%
938 Oxen Ln Iowa City, IA Adjacent to over 17 acres of city owned prairie-preserve, this three-bedroom 2 bath ranch ...	3 beds \| 2 baths \| 1,373 sq.ft.	$299,500	Airbnb cash on cash: 0.7% Traditional cash on cash: 4.32% Airbnb Rental Income: $1471 Traditional Rental Income: $2059 Airbnb ROI: 0.7% Traditional ROI: 4.32%
1368 Tamarack Trl Iowa City, IA Spacious by design, sophisticated in detail. Built by premier builder Gary Frakes Construc...	4 beds \| 4 baths \| 3,476 sq.ft.	$864,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.8% Airbnb Rental Income: $null Traditional Rental Income: $2937 Airbnb ROI: N/A Traditional ROI: 0.8%
1129 Hampton Ct Iowa City, IA Location, space, and savings. This home delivers all three. Great recreation options, incl...	4 beds \| 3 baths \| 2,529 sq.ft.	$405,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 5.1% Airbnb Rental Income: $3445 Traditional Rental Income: $2959 Airbnb ROI: 4.37% Traditional ROI: 5.1%
3703 Lacina Drive SW Iowa City, IA Location, location, location! Discover the perfect blend of privacy, comfort, and refined ...	4 beds \| 3 baths \| 3,974 sq.ft.	$1,070,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.01% Airbnb Rental Income: $null Traditional Rental Income: $3130 Airbnb ROI: N/A Traditional ROI: 1.01%
20 NE Eastview Pl Iowa City, IA Situated in beautiful Spring Valley on an amazing private wooded 1.23 acre lot is this war...	3 beds \| 3 baths \| 3,694 sq.ft.	$719,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.89% Airbnb Rental Income: $2229 Traditional Rental Income: $2262 Airbnb ROI: 0.01% Traditional ROI: 0.89%
4187 Barbaro Ave Iowa City, IA Discover a home designed to accommodate a variety of lifestyles and living arrangements! T...	5 beds \| 4 baths \| 2,662 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.11% Airbnb Rental Income: $null Traditional Rental Income: $2667 Airbnb ROI: N/A Traditional ROI: 3.11%
320 N Governor St Iowa City, IA Opportunity awaits for experienced renovators, builders, and investors! Gutted down to the...	3 beds \| 3 baths \| 1,499 sq.ft.	$149,900	Airbnb cash on cash: 3.56% Traditional cash on cash: 9.82% Airbnb Rental Income: $1388 Traditional Rental Income: $1865 Airbnb ROI: 3.56% Traditional ROI: 9.82%
2212 Nevada Ave Iowa City, IA Welcome home to this beautifully updated 3-bedroom starter ranch in Iowa City's Fair Meado...	3 beds \| 1 baths \| 864 sq.ft.	$209,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 2.87% Airbnb Rental Income: $1518 Traditional Rental Income: $1112 Airbnb ROI: 2.69% Traditional ROI: 2.87%
1010 Martin St Iowa City, IA This 3-story building sits right on Emma Harvat Square, in the heart of the vibrant Penins...	2 beds \| 6 baths \| 3,046 sq.ft.	$495,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 0.41% Airbnb Rental Income: $2247 Traditional Rental Income: $2624 Airbnb ROI: -1.62% Traditional ROI: 0.41%
524 N Governor St Iowa City, IA Iowa City duplex near the University of Iowa campus! Two 1 bedroom/1 bath units with separ...	N/A beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: -1.6% Traditional cash on cash: 6.62% Airbnb Rental Income: $634 Traditional Rental Income: $2015 Airbnb ROI: -1.6% Traditional ROI: 6.62%
15 Camborne Cir Iowa City, IA Discover this beautifully maintained quality-built condo in the highly sought-after Idyllw...	2 beds \| 2 baths \| 1,869 sq.ft.	$280,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 5% Airbnb Rental Income: $2247 Traditional Rental Income: $2444 Airbnb ROI: 2.12% Traditional ROI: 5%
3752 Lacina Dr. SW Iowa City, IA This beautiful property spans nearly 2 acres and is just a short drive from town! You'll l...	5 beds \| 3 baths \| 3,307 sq.ft.	$699,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.54% Airbnb Rental Income: $null Traditional Rental Income: $2596 Airbnb ROI: N/A Traditional ROI: 1.54%
1818 N Dubuque St Iowa City, IA ENCHANTING VINTAGE HOME, STEEPED IN HISTORY. Nestled on a hillside, this distinctive 1929 ...	5 beds \| 3 baths \| 4,303 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.06% Airbnb Rental Income: $null Traditional Rental Income: $3262 Airbnb ROI: N/A Traditional ROI: 3.06%
706 Silver Ln Iowa City, IA Discover this stunning new construction home tucked away on a charming IC cul-de-sac. Desi...	4 beds \| 3 baths \| 2,204 sq.ft.	$498,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $2593 Airbnb ROI: N/A Traditional ROI: 3.31%
648 Aiden St Iowa City, IA Charming NEW Construction Split Foyer - 4 Bed, 3 Bath Step into warmth and comfort in this...	4 beds \| 3 baths \| 2,296 sq.ft.	$459,900	Airbnb cash on cash: 4.98% Traditional cash on cash: 4.88% Airbnb Rental Income: $3445 Traditional Rental Income: $2638 Airbnb ROI: 4.98% Traditional ROI: 4.88%
458 W Side Dr Iowa City, IA First floor Mallard Point Condo with trail access to Willow Creek Park. Located right on t...	3 beds \| 2 baths \| 1,292 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2043 Airbnb ROI: N/A Traditional ROI: 6.59%
404 E College St #No. 1101 + 1102 Iowa City, IA Located on the 11th floor of The Chauncey, this 2-bedroom plus office corner-unit condo of...	2 beds \| 2 baths \| 2,430 sq.ft.	$1,500,000	Airbnb cash on cash: -2.51% Traditional cash on cash: -1.59% Airbnb Rental Income: $1802 Traditional Rental Income: $2603 Airbnb ROI: -2.51% Traditional ROI: -1.59%
221 E College St #Nos. 1301 +1302 Iowa City, IA Occupying the top two levels of Plaza Towers, this penthouse crowns the building that resh...	2 beds \| 4 baths \| 4,298 sq.ft.	$2,700,000	Airbnb cash on cash: -3.35% Traditional cash on cash: -2.45% Airbnb Rental Income: $1802 Traditional Rental Income: $3566 Airbnb ROI: -3.35% Traditional ROI: -2.45%
408 W Side Dr Iowa City, IA Cozy 1st floor condo in Mallard Pointe with ground level patio and underground parking. Th...	3 beds \| 2 baths \| 1,292 sq.ft.	$174,990	Airbnb cash on cash: N/A Traditional cash on cash: 5.38% Airbnb Rental Income: $null Traditional Rental Income: $1735 Airbnb ROI: N/A Traditional ROI: 5.38%
1342 Oxford Pl Iowa City, IA Beautifully updated 4-bedroom, 3.5-bath condo in Wellington Condominiums offers 2,493 sq f...	4 beds \| 4 baths \| 2,493 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $2857 Airbnb ROI: N/A Traditional ROI: 6.6%
4102 Barbaro Ave. Iowa City, IA Welcome to your dream home! This stunning new construction showcases exceptional craftsman...	5 beds \| 3 baths \| 2,499 sq.ft.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.25% Airbnb Rental Income: $null Traditional Rental Income: $824 Airbnb ROI: N/A Traditional ROI: 0.25%
409 S 7th Avenue Iowa City, IA Welcome to this charming and well-located property in the heart of Iowa City right on a co...	3 beds \| 2 baths \| 1,721 sq.ft.	$299,950	Airbnb cash on cash: 1.06% Traditional cash on cash: 1.47% Airbnb Rental Income: $1558 Traditional Rental Income: $1225 Airbnb ROI: 1.06% Traditional ROI: 1.47%
4022 Unbridled Ave Iowa City, IA Welcome to this beautifully crafted new construction ranch home offering modern design, fu...	5 beds \| 3 baths \| 2,409 sq.ft.	$420,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.53% Airbnb Rental Income: $null Traditional Rental Income: $2519 Airbnb ROI: N/A Traditional ROI: 3.53%
515 E Davenport St Iowa City, IA Built in 1881, the Letovsky-Rohret House is an Iowa City Historic Landmark and is listed o...	2 beds \| 2 baths \| 1,440 sq.ft.	$268,500	Airbnb cash on cash: 2.14% Traditional cash on cash: 1.76% Airbnb Rental Income: $1817 Traditional Rental Income: $1228 Airbnb ROI: 2.14% Traditional ROI: 1.76%
285 Ashford Place Iowa City, IA Incredible value - builder needs to reduce inventory for a big project! Capitalize on this...	4 beds \| 4 baths \| 2,430 sq.ft.	$500,000	Airbnb cash on cash: 4.31% Traditional cash on cash: 5.65% Airbnb Rental Income: $3445 Traditional Rental Income: $3310 Airbnb ROI: 4.31% Traditional ROI: 5.65%
1519 E Court St Iowa City, IA Calling all visionaries, renovators, and DIY enthusiasts! This 2 bedroom, 1 bathroom mid-c...	2 beds \| 1 baths \| 1,193 sq.ft.	$100,000	Airbnb cash on cash: 7.59% Traditional cash on cash: 11.21% Airbnb Rental Income: $1720 Traditional Rental Income: $1596 Airbnb ROI: 7.59% Traditional ROI: 11.21%
920 Ginter Ave Iowa City, IA Recent remodeled: Located in one of Iowa City's oldest and most treasured neighborhoods, w...	5 beds \| 3 baths \| 1,944 sq.ft.	$380,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.94% Airbnb Rental Income: $null Traditional Rental Income: $2936 Airbnb ROI: N/A Traditional ROI: 4.94%

Real Estate investment in Iowa-city, IA

There are 104 properties for sale in the city of Iowa City . The median list price in Iowa City is $299,857 and the average price per square foot is $141. In November 2026, the average monthly cash on cash return in Iowa City is 4.00%. The average monthly rental income in Iowa City is $2,272.

Iowa-city, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 104 investment properties available for sale in Iowa-city.

In 2026, the best neighborhood to buy investment property is Miller Orchard.

The ROI for Long-Term is higher than the Short-Term in Iowa-city with average rental income of $2,272.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa City, IA

2184 Willenbrock Cir

Iowa City, IA

3 beds | 2 baths | 1,420 sq.ft.

$340,000

Airbnb cash on cash: 1.03%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $2229

Traditional Rental Income: $2114

Airbnb ROI: 1.03%

Traditional ROI: 2.42%

201 E Washington St #902

Iowa City, IA

1 beds | 1 baths | 1,140 sq.ft.

$539,900

Airbnb cash on cash: -1.51%

Traditional cash on cash: 0.75%

Airbnb Rental Income: $1558

Traditional Rental Income: $2250

Airbnb ROI: -1.51%

Traditional ROI: 0.75%

701 Caroline Avenue

Iowa City, IA

3 beds | 2 baths | 1,092 sq.ft.

$275,000

Airbnb cash on cash: 2.21%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $1811

Traditional Rental Income: $1714

Airbnb ROI: 2.21%

Traditional ROI: 3.73%

816 N 1st Avenue

Iowa City, IA

3 beds | 3 baths | 1,775 sq.ft.

$309,900

Airbnb cash on cash: 1.29%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $1715

Traditional Rental Income: $2339

Airbnb ROI: 1.29%

Traditional ROI: 5.05%

17 Briar Ridge Dr NE

Iowa City, IA

4 beds | 4 baths | 3,444 sq.ft.

$725,000

Airbnb cash on cash: 1.17%

Traditional cash on cash: 3.68%

Airbnb Rental Income: $3129

Traditional Rental Income: $4112

Airbnb ROI: 1.17%

Traditional ROI: 3.68%

2264 Plaen View Dr

Iowa City, IA

3 beds | 2 baths | 1,562 sq.ft.

$259,900

Airbnb cash on cash: 2.08%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $1726

Traditional Rental Income: $2130

Airbnb ROI: 2.08%

Traditional ROI: 5.67%

84 Amhurst St

Iowa City, IA

4 beds | 3 baths | 1,742 sq.ft.

$319,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.18%

Airbnb Rental Income: $null

Traditional Rental Income: $2397

Airbnb ROI: N/A

Traditional ROI: 5.18%

19 Eversull Lane

Iowa City, IA

4 beds | 3 baths | 2,251 sq.ft.

$445,900

Airbnb cash on cash: 3.5%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $3445

Traditional Rental Income: $2325

Airbnb ROI: 3.5%