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
1753 Foster Rd Iowa City, IA CLASSIC BROWNSTONE (right inside-unit) two-level, vintage-style brick townhouse has 2 BRs ...	2 beds \| 3 baths \| 2,241 sq.ft.	$459,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 2.53% Airbnb Rental Income: $3060 Traditional Rental Income: $2565 Airbnb ROI: 2.05% Traditional ROI: 2.53%
800 Pepper Dr Iowa City, IA Spacious east side multi-level with room for everyone. This inviting move in ready 4 bedro...	4 beds \| 3 baths \| 2,312 sq.ft.	$349,900	Airbnb cash on cash: 3.28% Traditional cash on cash: 4.26% Airbnb Rental Income: $2648 Traditional Rental Income: $2340 Airbnb ROI: 3.28% Traditional ROI: 4.26%
63 Colchester Dr Iowa City, IA Welcome to a home that truly checks every box-space, style, and thoughtful upgrades throug...	4 beds \| 4 baths \| 2,448 sq.ft.	$465,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 4.36% Airbnb Rental Income: $2187 Traditional Rental Income: $3121 Airbnb ROI: 0.94% Traditional ROI: 4.36%
621 N Van Buren St Iowa City, IA Step into the heart of Iowa City's popular Northside neighborhood with this beautifully up...	4 beds \| 3 baths \| 2,048 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.63% Airbnb Rental Income: $null Traditional Rental Income: $3055 Airbnb ROI: N/A Traditional ROI: 5.63%
765 Hanks Dr Iowa City, IA Immediate possession on this fantastic new const 4 BR zero-lot built by HBD in Churchill ...	4 beds \| 3 baths \| 2,374 sq.ft.	$385,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 6.61% Airbnb Rental Income: $2197 Traditional Rental Income: $2860 Airbnb ROI: 3.24% Traditional ROI: 6.61%
285 Huntington Dr Iowa City, IA Beautiful, well-tended 3 bed, 2.5 bath townhouse condo on a quiet East side cul-de-sac wit...	3 beds \| 2 baths \| 1,882 sq.ft.	$269,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 5.2% Airbnb Rental Income: $1584 Traditional Rental Income: $2225 Airbnb ROI: 0.9% Traditional ROI: 5.2%
600 Grandview Ct #603 Iowa City, IA Location, Location, Location! Two-bedroom, two-bathroom Grandview condo near UI Hospitals,...	2 beds \| 2 baths \| 1,105 sq.ft.	$279,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 3.83% Airbnb Rental Income: $1231 Traditional Rental Income: $1940 Airbnb ROI: -0.37% Traditional ROI: 3.83%
108 Highland Dr Iowa City, IA Character-filled University Heights 3 Bed/1 Bath 1.5 Story Home, located on a quiet street...	4 beds \| 2 baths \| 1,793 sq.ft.	$499,900	Airbnb cash on cash: 3.51% Traditional cash on cash: 3.04% Airbnb Rental Income: $3295 Traditional Rental Income: $2340 Airbnb ROI: 3.51% Traditional ROI: 3.04%
4589 SE Sand Rd Iowa City, IA Single Family home on one acre in Johnson County close to City Limits that has been conver...	N/A beds \| N/A baths \| 1,896 sq.ft.	$175,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.69% Airbnb Rental Income: $843 Traditional Rental Income: $1167 Airbnb ROI: 0.77% Traditional ROI: 4.69%
4591 SE Sand Rd Iowa City, IA This is a Fishing & Hunting Paradise! This price includes three additional parcels (103535...	4 beds \| 2 baths \| 3,096 sq.ft.	$1,299,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 0.59% Airbnb Rental Income: $2658 Traditional Rental Income: $2302 Airbnb ROI: 0.36% Traditional ROI: 0.59%
526 N Governor St Iowa City, IA Investor Alert! Great location on this unique 3 bedroom 3 bath home. Was once an up/down...	3 beds \| 3 baths \| 1,511 sq.ft.	$314,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.3% Airbnb Rental Income: $1577 Traditional Rental Income: $2019 Airbnb ROI: 1.28% Traditional ROI: 4.3%
315 Taft Ave Iowa City, IA Two Bedroom and 1 Full Bath Condo SS Appliances, Open Concept Kitchen/Living/Dining with G...	2 beds \| 1 baths \| 905 sq.ft.	$155,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 6.26% Airbnb Rental Income: $1742 Traditional Rental Income: $1582 Airbnb ROI: 4.1% Traditional ROI: 6.26%
118 Broadmoor Ln Iowa City, IA It sparkles and shines with copious amounts of sunlight through spectacular windows. Archi...	3 beds \| 2 baths \| 2,099 sq.ft.	$335,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.93% Airbnb Rental Income: $1584 Traditional Rental Income: $2329 Airbnb ROI: 0.12% Traditional ROI: 3.93%
424 S Summit Iowa City, IA Set along one of Iowa City's most recognizable historic streets, 424 S. Summit Street offe...	5 beds \| 4 baths \| 4,068 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.26% Airbnb Rental Income: $null Traditional Rental Income: $2862 Airbnb ROI: N/A Traditional ROI: 0.26%
1019 Carver St Iowa City, IA Come see this spacious ranch home that offers a comfortable 1st floor living. Including a ...	4 beds \| 1 baths \| 1,992 sq.ft.	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.47% Airbnb Rental Income: $null Traditional Rental Income: $1051 Airbnb ROI: N/A Traditional ROI: 1.47%
1018 Marcy St Iowa City, IA URBAN CHARM. Walk to downtown IC, Deluxe Bakery and enchanting Summit St neighborhood. On...	3 beds \| 3 baths \| 2,899 sq.ft.	$419,900	Airbnb cash on cash: -1.44% Traditional cash on cash: 0.86% Airbnb Rental Income: $1426 Traditional Rental Income: $1901 Airbnb ROI: -1.44% Traditional ROI: 0.86%
732,736,740 Michael St. Iowa City, IA 42 multifamily units are available, comprising 3 buildings with 14 units each. There are 3...	N/A beds \| 2 baths \| N/A	$3,650,000	Airbnb cash on cash: -2.22% Traditional cash on cash: -2.07% Airbnb Rental Income: $849 Traditional Rental Income: $1023 Airbnb ROI: -2.22% Traditional ROI: -2.07%
711 E Bloomington St Iowa City, IA GREAT LOCATION....WALK TO DOWNTOWN IOWA CITY! Updates have been made to this two story ho...	4 beds \| 2 baths \| 1,312 sq.ft.	$250,000	Airbnb cash on cash: 3.33% Traditional cash on cash: 5.02% Airbnb Rental Income: $2068 Traditional Rental Income: $1935 Airbnb ROI: 3.33% Traditional ROI: 5.02%
60 Marietta Ave Iowa City, IA Rare opportunity to own a beautifully crafted custom Boyd Crosby home in the heart of Univ...	3 beds \| 3 baths \| 3,252 sq.ft.	$685,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 1.47% Airbnb Rental Income: $1087 Traditional Rental Income: $2624 Airbnb ROI: -1.51% Traditional ROI: 1.47%
710 West Side Dr Iowa City, IA This premium townhome on the west side of Iowa City is move-in-ready and close to walking ...	2 beds \| 1 baths \| 1,550 sq.ft.	$235,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 2.89% Airbnb Rental Income: $1355 Traditional Rental Income: $1568 Airbnb ROI: 0.06% Traditional ROI: 2.89%
814 Benton Dr #31 Iowa City, IA Fresh paint & new carpet in this sunny bright & affordable 3rd floor WEST facing condo - ...	2 beds \| 1 baths \| 767 sq.ft.	$108,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 5.89% Airbnb Rental Income: $1231 Traditional Rental Income: $1125 Airbnb ROI: 3.14% Traditional ROI: 5.89%
2694 Pinto Ln Iowa City, IA The perfect retreat for the serious student or professional. Skip the noise of downtown an...	2 beds \| 2 baths \| 1,303 sq.ft.	$192,500	Airbnb cash on cash: 6.07% Traditional cash on cash: 9.09% Airbnb Rental Income: $2311 Traditional Rental Income: $2288 Airbnb ROI: 6.07% Traditional ROI: 9.09%
4926 Raleigh Ln Iowa City, IA Adorable townhouse in a great east side location within walking distance to parks, trails ...	3 beds \| 2 baths \| 1,581 sq.ft.	$265,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 5.73% Airbnb Rental Income: $1584 Traditional Rental Income: $2437 Airbnb ROI: 0.51% Traditional ROI: 5.73%
2643 Whispering Meadow Dr Iowa City, IA Spacious, well maintained home, with a beautiful yard to enjoy! Open layout on the main le...	3 beds \| 2 baths \| 1,774 sq.ft.	$294,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 5.13% Airbnb Rental Income: $1548 Traditional Rental Income: $2209 Airbnb ROI: 1.13% Traditional ROI: 5.13%
304 Ronalds St Iowa City, IA UNDER CONTRACT: MAY CONTINUE TO SHOW FOR BACK-UP OFFERS This North Side Victorian has all ...	3 beds \| 3 baths \| 1,560 sq.ft.	$339,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 2.45% Airbnb Rental Income: $1577 Traditional Rental Income: $1617 Airbnb ROI: 0.91% Traditional ROI: 2.45%
4727 Herbert Hoover Highway Iowa City, IA Great East Side Iowa City townhouse condo offering over 1,700 finished square feet with 3 ...	3 beds \| 3 baths \| 1,713 sq.ft.	$269,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.62% Airbnb Rental Income: $1601 Traditional Rental Income: $1973 Airbnb ROI: 1.37% Traditional ROI: 4.62%
808 Westwinds Dr #2 Iowa City, IA Welcome home to this charming Iowa City condo, featuring an inviting open-concept floor pl...	2 beds \| 1 baths \| 924 sq.ft.	$130,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 4.86% Airbnb Rental Income: $1355 Traditional Rental Income: $1259 Airbnb ROI: 2.31% Traditional ROI: 4.86%
1327 Foster Rd Iowa City, IA Cosmopolitan style in finely detailed townhome with tall ceilings, hardwood flooring, open...	3 beds \| 3 baths \| 1,825 sq.ft.	$499,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.14% Airbnb Rental Income: $2247 Traditional Rental Income: $2312 Airbnb ROI: 0.8% Traditional ROI: 2.14%
1960 Sherman Dr Iowa City, IA NEW ROOF, NEW SIDING, freshly painted and cleaned! This home is ready for you!! So many gr...	5 beds \| 3 baths \| 2,604 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.76% Airbnb Rental Income: $null Traditional Rental Income: $1820 Airbnb ROI: N/A Traditional ROI: 1.76%
1009 Highland Ave Iowa City, IA Property is sold "AS-IS" condition. Seller will not entertain remedy items.	2 beds \| 1 baths \| 1,026 sq.ft.	$179,000	Airbnb cash on cash: 6.23% Traditional cash on cash: 2.75% Airbnb Rental Income: $2008 Traditional Rental Income: $893 Airbnb ROI: 6.23% Traditional ROI: 2.75%
360 Camden Rd Iowa City, IA Spacious 2nd floor condo filled with high ceilings and natural lighting, open floorplan an...	2 beds \| 2 baths \| 1,081 sq.ft.	$175,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 4.29% Airbnb Rental Income: $1742 Traditional Rental Income: $1497 Airbnb ROI: 2.89% Traditional ROI: 4.29%
1405 W Benton St Iowa City, IA Charming and well-maintained home in a highly desirable Iowa City location, just minutes f...	3 beds \| 1 baths \| 1,109 sq.ft.	$325,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 0.76% Airbnb Rental Income: $1093 Traditional Rental Income: $983 Airbnb ROI: -0.09% Traditional ROI: 0.76%
221 E College St #1206 Iowa City, IA STRIKING two-story condominium in Plaza Towers offering contemporary living experience in ...	2 beds \| 2 baths \| 1,834 sq.ft.	$1,095,000	Airbnb cash on cash: -2% Traditional cash on cash: -1.94% Airbnb Rental Income: $2151 Traditional Rental Income: $1663 Airbnb ROI: -2% Traditional ROI: -1.94%
300 S Clinton St #706 Iowa City, IA Truly on the Edge of everything, you'll find yourself just moments away from trendy shops,...	3 beds \| 3 baths \| 1,972 sq.ft.	$849,000	Airbnb cash on cash: -2.43% Traditional cash on cash: -0.1% Airbnb Rental Income: $1577 Traditional Rental Income: $2968 Airbnb ROI: -2.43% Traditional ROI: -0.1%
1323 Kirkwood Ave Iowa City, IA Great opportunity for an investment property in a central location. Full of character and ...	2 beds \| 1 baths \| 1,246 sq.ft.	$225,000	Airbnb cash on cash: 4% Traditional cash on cash: 2.9% Airbnb Rental Income: $2008 Traditional Rental Income: $1250 Airbnb ROI: 4% Traditional ROI: 2.9%
1149 Manitou Trl Iowa City, IA Welcome to this meticulously maintained home featuring recent updates, including freshly p...	4 beds \| 3 baths \| 2,160 sq.ft.	$399,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 3.19% Airbnb Rental Income: $2457 Traditional Rental Income: $2197 Airbnb ROI: 2.29% Traditional ROI: 3.19%
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: 2.81% Traditional cash on cash: 2.87% Airbnb Rental Income: $1548 Traditional Rental Income: $1112 Airbnb ROI: 2.81% Traditional ROI: 2.87%
1164 Swisher St Iowa City, IA Perched on the top floor of The Oaks Condominiums in Iowa City's desirable Peninsula Neigh...	3 beds \| 2 baths \| 1,460 sq.ft.	$367,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 0.81% Airbnb Rental Income: $2247 Traditional Rental Income: $1685 Airbnb ROI: 0.8% Traditional ROI: 0.81%
528 Beldon Ave Iowa City, IA Location, location, location. Nestled happily in Manville Heights (Blacks Park Addition), ...	4 beds \| 3 baths \| 2,152 sq.ft.	$419,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 3.64% Airbnb Rental Income: $2457 Traditional Rental Income: $2486 Airbnb ROI: 2.04% Traditional ROI: 3.64%

Real Estate investment in Iowa-city, IA

There are 476 properties for sale in the city of Iowa City . The median list price in Iowa City is $324,806 and the average price per square foot is $164. In July 2026, the average monthly cash on cash return in Iowa City is 3.00%. The average monthly rental income in Iowa City is $1,808.

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

There are 476 investment properties available for sale in Iowa-city.

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

The ROI for Short-Term is higher than the Long-Term in Iowa-city with average rental income of $1,355.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa City, IA

1753 Foster Rd

Iowa City, IA

2 beds | 3 baths | 2,241 sq.ft.

$459,900

Airbnb cash on cash: 2.05%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $3060

Traditional Rental Income: $2565

Airbnb ROI: 2.05%

Traditional ROI: 2.53%

800 Pepper Dr

Iowa City, IA

4 beds | 3 baths | 2,312 sq.ft.

$349,900

Airbnb cash on cash: 3.28%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2648

Traditional Rental Income: $2340

Airbnb ROI: 3.28%

Traditional ROI: 4.26%

63 Colchester Dr

Iowa City, IA

4 beds | 4 baths | 2,448 sq.ft.

$465,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $2187

Traditional Rental Income: $3121

Airbnb ROI: 0.94%

Traditional ROI: 4.36%

621 N Van Buren St

Iowa City, IA

4 beds | 3 baths | 2,048 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.63%

Airbnb Rental Income: $null

Traditional Rental Income: $3055

Airbnb ROI: N/A

Traditional ROI: 5.63%

765 Hanks Dr

Iowa City, IA

4 beds | 3 baths | 2,374 sq.ft.

$385,000

Airbnb cash on cash: 3.24%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $2197

Traditional Rental Income: $2860

Airbnb ROI: 3.24%

Traditional ROI: 6.61%

285 Huntington Dr

Iowa City, IA

3 beds | 2 baths | 1,882 sq.ft.

$269,900

Airbnb cash on cash: 0.9%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $1584

Traditional Rental Income: $2225

Airbnb ROI: 0.9%

Traditional ROI: 5.2%

600 Grandview Ct #603

Iowa City, IA

2 beds | 2 baths | 1,105 sq.ft.

$279,000

Airbnb cash on cash: -0.37%

Traditional cash on cash: 3.83%

Airbnb Rental Income: $1231

Traditional Rental Income: $1940

Airbnb ROI: -0.37%

Traditional ROI: 3.83%

108 Highland Dr

Iowa City, IA

4 beds | 2 baths | 1,793 sq.ft.

$499,900

Airbnb cash on cash: 3.51%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $3295

Traditional Rental Income: $2340

Airbnb ROI: 3.51%