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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1254 Foster Rd Iowa City, IA Welcome home to this beautiful condo in Iowa Cityâs highly sought-after Peninsula Neighb...	2 beds \| 4 baths \| 1,500 sq.ft.	$337,500	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.02% Airbnb Rental Income: $1665 Traditional Rental Income: $2535 Airbnb ROI: -0.19% Traditional ROI: 4.02%
2025 A St Iowa City, IA Sitting adjacent to Chadek Green Park on Iowa City's lively east side, this Dutch colonial...	4 beds \| 2 baths \| 2,175 sq.ft.	$339,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.84% Airbnb Rental Income: $1575 Traditional Rental Income: $2528 Airbnb ROI: 0.43% Traditional ROI: 4.84%
1295 Dolen Pl Iowa City, IA $1000 CREDIT TO BUYER IF CLOSED BY 12/31/2025! Conveniently located with a quick commute t...	3 beds \| 2 baths \| 906 sq.ft.	$232,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 4.89% Airbnb Rental Income: $1669 Traditional Rental Income: $1731 Airbnb ROI: 2.48% Traditional ROI: 4.89%
435 Bayard St Iowa City, IA A modern treehouse in the heart of Manville Heights. Built by Boyd Crosby, this nearly 3,5...	3 beds \| 4 baths \| 2,844 sq.ft.	$665,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 2.6% Airbnb Rental Income: $1515 Traditional Rental Income: $3350 Airbnb ROI: -1.07% Traditional ROI: 2.6%
214 Woodridge Ave Iowa City, IA Charming, turnkey home in desirable Windsor Heights! This meticulously maintained family ...	3 beds \| 3 baths \| 1,512 sq.ft.	$450,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 3.11% Airbnb Rental Income: $1438 Traditional Rental Income: $2354 Airbnb ROI: -0.09% Traditional ROI: 3.11%
425 Peterson Street Iowa City, IA Affordable two-story condo in Iowa City, offering the comfort and space of a single-family...	2 beds \| 2 baths \| 1,026 sq.ft.	$149,900	Airbnb cash on cash: 2.26% Traditional cash on cash: 6.49% Airbnb Rental Income: $1581 Traditional Rental Income: $1735 Airbnb ROI: 2.26% Traditional ROI: 6.49%
2038 Hannah Jo Ct Iowa City, IA Welcome to 2038 Hannah Jo Ct, where comfort meets convenience in the heart of East Iowa Ci...	2 beds \| 2 baths \| 938 sq.ft.	$214,900	Airbnb cash on cash: 5.62% Traditional cash on cash: 5.08% Airbnb Rental Income: $2351 Traditional Rental Income: $1661 Airbnb ROI: 5.62% Traditional ROI: 5.08%
2816 Buckle Down Cir Iowa City, IA Tucked at the end of a quiet cul-de-sac on a wooded 0.77-acre lot, this award-winning mode...	4 beds \| 5 baths \| 3,942 sq.ft.	$1,575,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.8% Airbnb Rental Income: $null Traditional Rental Income: $3265 Airbnb ROI: N/A Traditional ROI: 0.8%
2365 Cae Dr Iowa City, IA West side Contemporary Ranch home with asymmetrical front facade featuring a low pitch gab...	4 beds \| 4 baths \| 1,922 sq.ft.	$460,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 3.23% Airbnb Rental Income: $2695 Traditional Rental Income: $2597 Airbnb ROI: 1.97% Traditional ROI: 3.23%
1240 Esther Court Iowa City, IA Fully updated East side 3 bedroom home! This home was updated in 2023 and boosts a modern ...	3 beds \| 2 baths \| 1,644 sq.ft.	$315,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 3.34% Airbnb Rental Income: $1409 Traditional Rental Income: $1771 Airbnb ROI: 0.69% Traditional ROI: 3.34%
12 Brentwood Dr Iowa City, IA One level living without yard care! This move-in ready, ranch style condo in the desirabl...	2 beds \| 1 baths \| 1,141 sq.ft.	$245,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 0.84% Airbnb Rental Income: $1561 Traditional Rental Income: $1138 Airbnb ROI: 0.72% Traditional ROI: 0.84%
2040 N Dubuque Rd Iowa City, IA Escape to this fully renovated 4 bedroom 2 bath walk-out ranch, a 3+ acre wooded retreat t...	4 beds \| 2 baths \| 1,260 sq.ft.	$499,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 1.67% Airbnb Rental Income: $2939 Traditional Rental Income: $2245 Airbnb ROI: 1.7% Traditional ROI: 1.67%
56 Pentire Circle Iowa City, IA IThis two-story condo features 3 bedrooms, 2.5 bathrooms, and boasts the best Price Per Sq...	3 beds \| 3 baths \| 1,868 sq.ft.	$265,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 5.96% Airbnb Rental Income: $1586 Traditional Rental Income: $2542 Airbnb ROI: 0.33% Traditional ROI: 5.96%
300 S Clinton St #706 Iowa City, IA Perfectly positioned at The Edge of everything, this top floor, 3-bedroom condo places you...	3 beds \| 3 baths \| 1,972 sq.ft.	$849,900	Airbnb cash on cash: -2.41% Traditional cash on cash: 0% Airbnb Rental Income: $1502 Traditional Rental Income: $2968 Airbnb ROI: -2.41% Traditional ROI: 0%
606 N 3Rd Street Iowa City, IA NEW LISTING!!! Check out this Beauitifully renovated 3 bedroom home with an open concept l...	3 beds \| 1 baths \| 1,040 sq.ft.	$189,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 5.13% Airbnb Rental Income: $1409 Traditional Rental Income: $1300 Airbnb ROI: 3.38% Traditional ROI: 5.13%
73 Durango Pl Iowa City, IA Rare find! An enormous .40 acre lot with a peaceful and private backyard tucked into a cul...	4 beds \| 3 baths \| 1,579 sq.ft.	$450,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 3.18% Airbnb Rental Income: $3362 Traditional Rental Income: $2501 Airbnb ROI: 3.45% Traditional ROI: 3.18%
415 N Governor St Iowa City, IA Welcome to this charming and beautifully updated 2-story home, brimming with character, a ...	3 beds \| 3 baths \| 1,666 sq.ft.	$350,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.75% Airbnb Rental Income: $1409 Traditional Rental Income: $2274 Airbnb ROI: -0.17% Traditional ROI: 3.75%
1010 Martin St Iowa City, IA This unique LIVE/WORK three-story building sits right on Emma Harvat Square, in the heart ...	2 beds \| 6 baths \| 3,046 sq.ft.	$529,000	Airbnb cash on cash: -2.56% Traditional cash on cash: 0.32% Airbnb Rental Income: $1665 Traditional Rental Income: $2624 Airbnb ROI: -2.56% Traditional ROI: 0.32%
918 E Washington St Iowa City, IA New Price! Good deal just got even better! Walk to campus & downtown from this gorgeous 19...	3 beds \| 2 baths \| 1,792 sq.ft.	$399,999	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.64% Airbnb Rental Income: $1502 Traditional Rental Income: $2506 Airbnb ROI: -0.2% Traditional ROI: 3.64%
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.	$300,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 4.6% Airbnb Rental Income: $1665 Traditional Rental Income: $2444 Airbnb ROI: 0.19% Traditional ROI: 4.6%
332 S Linn St #405 Iowa City, IA Indulge in luxury with a spa-inspired bathroom that sets this top-floor 1-bed, 1-bath cond...	1 beds \| 1 baths \| 855 sq.ft.	$325,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 0.99% Airbnb Rental Income: $1332 Traditional Rental Income: $1481 Airbnb ROI: -0.85% Traditional ROI: 0.99%
1818 N Dubuque St Iowa City, IA ENCHANTING VINTAGE HOME, STEEPED IN HISTORY. Nestled on a hillside, this distinctive 1929 ...	5 beds \| 3 baths \| 2,903 sq.ft.	$675,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.47% Airbnb Rental Income: $2660 Traditional Rental Income: $3262 Airbnb ROI: 0.51% Traditional ROI: 2.47%
846 Camp Cardinal Rd Iowa City, IA LUXURIOUS COMFORT WITH MODERN DESIGN. Featuring tall ceilings and cove and trey ceiling de...	5 beds \| 3 baths \| 1,660 sq.ft.	$629,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 1.6% Airbnb Rental Income: $3942 Traditional Rental Income: $2566 Airbnb ROI: 2.5% Traditional ROI: 1.6%
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 \| 1,516 sq.ft.	$509,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 3.98% Airbnb Rental Income: $1362 Traditional Rental Income: $2593 Airbnb ROI: 0.52% Traditional ROI: 3.98%
648 Aiden St Iowa City, IA Charming NEW Construction Split Foyer â 4 Bed, 3 Bath Step into warmth and comfort in ...	4 beds \| 3 baths \| 1,676 sq.ft.	$474,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.71% Airbnb Rental Income: $1538 Traditional Rental Income: $2638 Airbnb ROI: 1.22% Traditional ROI: 4.71%
2601 Hickory Trl #1 Iowa City, IA Immaculately maintained by its original owner, this 2-bedroom, 2-bath condo is happily tuc...	2 beds \| 2 baths \| 1,374 sq.ft.	$239,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.05% Airbnb Rental Income: $1804 Traditional Rental Income: $2047 Airbnb ROI: 0.81% Traditional ROI: 4.05%
1231 E College St Iowa City, IA We are proud to present this stately home, an instantly recognizable Iowa City landmark fo...	5 beds \| 4 baths \| 3,160 sq.ft.	$990,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.21% Airbnb Rental Income: $1465 Traditional Rental Income: $4192 Airbnb ROI: -1.22% Traditional ROI: 2.21%
320 N Dodge St Iowa City, IA This 3 bed 1 bath rental unit brings in $1925 with an increase to $2000 in August. Off st...	3 beds \| 1 baths \| 1,425 sq.ft.	$235,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.04% Airbnb Rental Income: $1409 Traditional Rental Income: $1626 Airbnb ROI: 1.16% Traditional ROI: 4.04%
454 West Side Dr Iowa City, IA Roomy and attractive Mallard Pointe first floor condo is conveniently located near parks, ...	2 beds \| 2 baths \| 1,272 sq.ft.	$195,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 6.08% Airbnb Rental Income: $1189 Traditional Rental Income: $1969 Airbnb ROI: -0.22% Traditional ROI: 6.08%
2259 Cae Drive Iowa City, IA Fall in love with this exceptional one-owner, two-story home nestled in a highly desirable...	4 beds \| 3 baths \| 2,464 sq.ft.	$524,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 3.53% Airbnb Rental Income: $2695 Traditional Rental Income: $2975 Airbnb ROI: 1.66% Traditional ROI: 3.53%
328 S Governor St Iowa City, IA 2 unit rental in downtown IC. 1st floor is a 2 bed 1 bath, 2nd floor is a 3 bed 1 bath. ...	5 beds \| N/A baths \| 2,529 sq.ft.	$365,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.15% Airbnb Rental Income: $1394 Traditional Rental Income: $2189 Airbnb ROI: -0.4% Traditional ROI: 3.15%
1016 Rochester Ave Iowa City, IA Well located rental unit on Rochester Ave. Rents for $1400 but increases to $1475 for the...	3 beds \| 1 baths \| 1,182 sq.ft.	$189,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.39% Airbnb Rental Income: $1502 Traditional Rental Income: $1515 Airbnb ROI: 2.88% Traditional ROI: 5.39%
458 West 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.	$205,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.06% Airbnb Rental Income: $1669 Traditional Rental Income: $2043 Airbnb ROI: 1.74% Traditional ROI: 6.06%
221 E College St #Nos. 1301 +1302 Iowa City, IA Occupying the entire 13th floor of Plaza Towers, this penthouse sits at the top of the bui...	2 beds \| 4 baths \| 4,298 sq.ft.	$3,400,000	Airbnb cash on cash: -2.62% Traditional cash on cash: -1.88% Airbnb Rental Income: $1705 Traditional Rental Income: $3566 Airbnb ROI: -2.62% Traditional ROI: -1.88%
3831 Winnsboro Dr Iowa City, IA MOVE IN READY! This New Construction 4-bedroom, 3-bathroom zero-entry ranch offers traditi...	4 beds \| 3 baths \| 1,611 sq.ft.	$534,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.05% Airbnb Rental Income: $1538 Traditional Rental Income: $2627 Airbnb ROI: 0.98% Traditional ROI: 4.05%
220 Camden Rd Iowa City, IA Well-maintained end unit 2-story condo backing to HOA green space in a convenient Iowa Cit...	2 beds \| 3 baths \| 1,368 sq.ft.	$234,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 5.66% Airbnb Rental Income: $1561 Traditional Rental Income: $2110 Airbnb ROI: 1.17% Traditional ROI: 5.66%
4318 Turkey Creek Rd NE Iowa City, IA COUNTRY ROADS TAKE YOU HOME! Unique opportunity to own 20 acres m/l, close to town but in ...	4 beds \| 3 baths \| 1,749 sq.ft.	$1,650,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.39% Airbnb Rental Income: $2939 Traditional Rental Income: $2836 Airbnb ROI: 0.01% Traditional ROI: 0.39%
5424 400Th St Iowa City, IA 5424 400th St SW is a farm property spanning approximately 25 acres, located just 10 minut...	3 beds \| 2 baths \| 2,306 sq.ft.	$925,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 0.73% Airbnb Rental Income: $1324 Traditional Rental Income: $2500 Airbnb ROI: -1.12% Traditional ROI: 0.73%
500 Grandview Ct #524 Iowa City, IA Convenient location and low-maintenance living--this Grandview condo places you steps from...	1 beds \| 1 baths \| 611 sq.ft.	$164,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 4.01% Airbnb Rental Income: $1039 Traditional Rental Income: $1242 Airbnb ROI: 0.42% Traditional ROI: 4.01%

Real Estate investment in Iowa-city, IA

There are 396 properties for sale in the city of Iowa City . The median list price in Iowa City is $269,900 and the average price per square foot is $143. In December 2025, the average monthly cash on cash return in Iowa City is 4.00%. The average monthly rental income in Iowa City is $1,736.

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

There are 396 investment properties available for sale in Iowa-city.

In 2025, the best neighborhood to buy investment property is Lucas Farms.

The ROI for Long-Term is higher than the Short-Term in Iowa-city with average rental income of $1,736.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa City, IA

1254 Foster Rd

Iowa City, IA

2 beds | 4 baths | 1,500 sq.ft.

$337,500

Airbnb cash on cash: -0.19%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $1665

Traditional Rental Income: $2535

Airbnb ROI: -0.19%

Traditional ROI: 4.02%

2025 A St

Iowa City, IA

4 beds | 2 baths | 2,175 sq.ft.

$339,000

Airbnb cash on cash: 0.43%

Traditional cash on cash: 4.84%

Airbnb Rental Income: $1575

Traditional Rental Income: $2528

Airbnb ROI: 0.43%

Traditional ROI: 4.84%

1295 Dolen Pl

Iowa City, IA

3 beds | 2 baths | 906 sq.ft.

$232,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 4.89%

Airbnb Rental Income: $1669

Traditional Rental Income: $1731

Airbnb ROI: 2.48%

Traditional ROI: 4.89%

435 Bayard St

Iowa City, IA

3 beds | 4 baths | 2,844 sq.ft.

$665,000

Airbnb cash on cash: -1.07%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1515

Traditional Rental Income: $3350

Airbnb ROI: -1.07%

Traditional ROI: 2.6%

214 Woodridge Ave

Iowa City, IA

3 beds | 3 baths | 1,512 sq.ft.

$450,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1438

Traditional Rental Income: $2354

Airbnb ROI: -0.09%

Traditional ROI: 3.11%

425 Peterson Street

Iowa City, IA

2 beds | 2 baths | 1,026 sq.ft.

$149,900

Airbnb cash on cash: 2.26%

Traditional cash on cash: 6.49%

Airbnb Rental Income: $1581

Traditional Rental Income: $1735

Airbnb ROI: 2.26%

Traditional ROI: 6.49%

2038 Hannah Jo Ct

Iowa City, IA

2 beds | 2 baths | 938 sq.ft.

$214,900

Airbnb cash on cash: 5.62%

Traditional cash on cash: 5.08%

Airbnb Rental Income: $2351

Traditional Rental Income: $1661

Airbnb ROI: 5.62%

Traditional ROI: 5.08%

2816 Buckle Down Cir

Iowa City, IA

4 beds | 5 baths | 3,942 sq.ft.

$1,575,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.8%

Airbnb Rental Income: $null

Traditional Rental Income: $3265

Airbnb ROI: N/A