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
332 S Linn Street unit: 305 Iowa City, IA Urban Living in the heart of Iowa City! This one-bedroom/one-bath condo in Grandview Terra...	1 beds \| 1 baths \| 808 sq.ft.	$285,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.6% Airbnb Rental Income: $1332 Traditional Rental Income: $1509 Airbnb ROI: -0.59% Traditional ROI: 1.6%
63 Colchester Drive 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.	$539,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 2.1% Airbnb Rental Income: $1538 Traditional Rental Income: $2348 Airbnb ROI: -0.39% Traditional ROI: 2.1%
4695 Herbert Hoover Hwy SE Iowa City, IA Just minutes from I-80 and minutes from downtown Iowa City, this is a MUST SEE! Well loved...	3 beds \| 3 baths \| 1,641 sq.ft.	$285,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 5.44% Airbnb Rental Income: $1309 Traditional Rental Income: $2351 Airbnb ROI: 0.05% Traditional ROI: 5.44%
1905 Earl Rd Iowa City, IA IMMEDIATE POSSESSION AND CLOSING! MOVE-IN READY! Convenient Location. Close to Downtown I...	2 beds \| 2 baths \| 1,382 sq.ft.	$224,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.31% Airbnb Rental Income: $1189 Traditional Rental Income: $1357 Airbnb ROI: -0.3% Traditional ROI: 2.31%
3323 Tulane Ave Iowa City, IA Charming east side Iowa City ranch with thoughtful updates throughout. Timeless, real hard...	3 beds \| 2 baths \| 900 sq.ft.	$285,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.74% Airbnb Rental Income: $1309 Traditional Rental Income: $1946 Airbnb ROI: 0.85% Traditional ROI: 4.74%
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%
1844 GRASLON DR Iowa City, IA A REAL GEM! Updated home ready to move in very close to UIHC, Kinnick, dental, medical and...	3 beds \| 3 baths \| 1,344 sq.ft.	$410,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.23% Airbnb Rental Income: $1581 Traditional Rental Income: $1750 Airbnb ROI: 0.62% Traditional ROI: 2.23%
1521 E Court St Iowa City, IA Cute as a button! Welcome home to this charming eastside ranch in the desirable Longfellow...	4 beds \| 2 baths \| 1,032 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $2207 Airbnb ROI: N/A Traditional ROI: 5.03%
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%
3051 Wayne Ave #61 Iowa City, IA Move in ready! Well-maintained end-unit townhouse. New refrigerator, microwave, washer/dry...	3 beds \| 2 baths \| 1,334 sq.ft.	$180,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 7.72% Airbnb Rental Income: $1409 Traditional Rental Income: $2254 Airbnb ROI: 0.31% Traditional ROI: 7.72%
520 N Dodge St Iowa City, IA This fully renovated and updated Northside home offers a rare opportunity to live in one o...	2 beds \| 2 baths \| 1,477 sq.ft.	$270,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 5.21% Airbnb Rental Income: $1633 Traditional Rental Income: $2136 Airbnb ROI: 1.43% Traditional ROI: 5.21%
432 West Side Dr Iowa City, IA This one stands out! Spacious and nicely updated top floor end/corner unit! This 3 bedroom...	3 beds \| 2 baths \| 1,292 sq.ft.	$202,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 4.69% Airbnb Rental Income: $1669 Traditional Rental Income: $1750 Airbnb ROI: 1.83% Traditional ROI: 4.69%
1810 Chelsea Ct Iowa City, IA This impeccably maintained end-unit zero-lot home offers 1,200 square feet of easy, move-i...	2 beds \| 2 baths \| 1,264 sq.ft.	$289,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 2.02% Airbnb Rental Income: $1291 Traditional Rental Income: $1315 Airbnb ROI: 0.45% Traditional ROI: 2.02%
618 Keswick Dr Iowa City, IA Beautifully maintained and wonderfully updated, this move-in-ready split foyer is ideally ...	4 beds \| 3 baths \| 1,636 sq.ft.	$419,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 1.82% Airbnb Rental Income: $1995 Traditional Rental Income: $1677 Airbnb ROI: 1.3% Traditional ROI: 1.82%
2816 Buckle Down Cir Iowa City, IA INCREDIBLE WOODED LOT quiet cul-de-sac on a wooded 0.77-acre lot, this award-winning moder...	4 beds \| 5 baths \| 3,942 sq.ft.	$1,450,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.9% Airbnb Rental Income: $null Traditional Rental Income: $3265 Airbnb ROI: N/A Traditional ROI: 0.9%
1240 Esther Court Iowa City, IA Cute and unique, this beautifully updated 3 bedroom home is filled with natural light and ...	3 beds \| 2 baths \| 1,684 sq.ft.	$305,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.1% Airbnb Rental Income: $1409 Traditional Rental Income: $1771 Airbnb ROI: 0.37% Traditional ROI: 3.1%
2040 N Dubuque Rd Iowa City, IA This fully renovated 5 bed, 2 bath walk-out ranch sits on a serene 3+ acre wooded lot that...	4 beds \| 2 baths \| 1,260 sq.ft.	$489,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 1.72% Airbnb Rental Income: $2939 Traditional Rental Income: $2245 Airbnb ROI: 1.76% Traditional ROI: 1.72%
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.	$1,125,000	Airbnb cash on cash: -2.41% Traditional cash on cash: -1.99% Airbnb Rental Income: $1705 Traditional Rental Income: $1663 Airbnb ROI: -2.41% Traditional ROI: -1.99%
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: -2.48% Traditional cash on cash: -0.07% Airbnb Rental Income: $1502 Traditional Rental Income: $2968 Airbnb ROI: -2.48% Traditional ROI: -0.07%
25 Eversull Ln Iowa City, IA ACCEPTED SUBJECT TO SALE OFFER W/72hr CLAUSE. ACCEPTING SHOWINGS FOR PRE-APPROVED BUYERS W...	4 beds \| 4 baths \| 1,900 sq.ft.	$425,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 4.94% Airbnb Rental Income: $1538 Traditional Rental Income: $3048 Airbnb ROI: 0.03% Traditional ROI: 4.94%
528 Beldon Ave Iowa City, IA Located in Blacks Park Addition of Manville Heights, this exceptionally well-maintained mi...	4 beds \| 3 baths \| 1,152 sq.ft.	$429,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 3.55% Airbnb Rental Income: $1876 Traditional Rental Income: $2486 Airbnb ROI: 0.78% Traditional ROI: 3.55%
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%
2410 Walden Ct Iowa City, IA Conveniently located west side condo on quiet cul-de-sac. Zero-entry one-level living with...	3 beds \| 2 baths \| 1,356 sq.ft.	$236,500	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.95% Airbnb Rental Income: $1669 Traditional Rental Income: $2102 Airbnb ROI: 0.93% Traditional ROI: 4.95%
300 S Clinton St #503 Iowa City, IA Truly on the Edge of everything, you'll find yourself just moments away from trendy shops,...	1 beds \| 1 baths \| 555 sq.ft.	$299,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.62% Airbnb Rental Income: $1332 Traditional Rental Income: $1581 Airbnb ROI: 0.28% Traditional ROI: 2.62%
3201 Muscatine Ave #3 Iowa City, IA Architectural history meets timeless design at 3201 Muscatine Ave #3. This unique townhous...	2 beds \| 2 baths \| 1,598 sq.ft.	$245,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.77% Airbnb Rental Income: $1581 Traditional Rental Income: $2237 Airbnb ROI: 0.98% Traditional ROI: 5.77%
918 E Washington St Iowa City, IA Great opportunity just got better! Gorgeous 1926 two story historic home in the coveted Lo...	3 beds \| 2 baths \| 1,792 sq.ft.	$395,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.7% Airbnb Rental Income: $1502 Traditional Rental Income: $2506 Airbnb ROI: -0.2% Traditional ROI: 3.7%
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%
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.	$645,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.63% Airbnb Rental Income: $2660 Traditional Rental Income: $3262 Airbnb ROI: 0.57% Traditional ROI: 2.63%
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 Refreshed and ready for the new year! New paint throughout kitchen and living room, new li...	2 beds \| 2 baths \| 1,374 sq.ft.	$244,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.95% Airbnb Rental Income: $1804 Traditional Rental Income: $2047 Airbnb ROI: 0.77% Traditional ROI: 3.95%
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.	$499,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 3.75% Airbnb Rental Income: $2695 Traditional Rental Income: $2975 Airbnb ROI: 1.79% Traditional ROI: 3.75%
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 $1475 but increases to $1600 in Augu...	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.	$200,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 6.23% Airbnb Rental Income: $1669 Traditional Rental Income: $2043 Airbnb ROI: 1.8% Traditional ROI: 6.23%
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: -2.59% Traditional cash on cash: -1.6% Airbnb Rental Income: $1705 Traditional Rental Income: $2603 Airbnb ROI: -2.59% Traditional ROI: -1.6%
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.	$154,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 4.33% Airbnb Rental Income: $1487 Traditional Rental Income: $1242 Airbnb ROI: 3.03% Traditional ROI: 4.33%
2176 Willenbrock Cir Iowa City, IA Corner-unit condo overlooking the Elks Golf Course offering morning and midday light thank...	2 beds \| 2 baths \| 1,200 sq.ft.	$286,500	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.26% Airbnb Rental Income: $1665 Traditional Rental Income: $2105 Airbnb ROI: -0.1% Traditional ROI: 3.26%
408 West 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.	$189,999	Airbnb cash on cash: 1.94% Traditional cash on cash: 4.89% Airbnb Rental Income: $1669 Traditional Rental Income: $1735 Airbnb ROI: 1.94% Traditional ROI: 4.89%
1342 Oxford Pl Iowa City, IA Welcome home to this well-cared-for zero-entry, townhouse-style condo with peaceful pond v...	4 beds \| 4 baths \| 1,818 sq.ft.	$320,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 5.53% Airbnb Rental Income: $1575 Traditional Rental Income: $2857 Airbnb ROI: -0.23% Traditional ROI: 5.53%

Real Estate investment in Iowa-city, IA

There are 121 properties for sale in the city of Iowa City . The median list price in Iowa City is $318,000 and the average price per square foot is $166. In April 2026, the average monthly cash on cash return in Iowa City is 3.00%. The average monthly rental income in Iowa City is $1,826.

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

There are 121 investment properties available for sale in Iowa-city.

In 2026, the best neighborhood to buy investment property is Bryn Mawr Heights.

The ROI for Short-Term is higher than the Long-Term in Iowa-city with average rental income of $1,507.

Your search for investment property begins and ends here

Investment Property for Sale in Iowa City, IA

332 S Linn Street unit: 305

Iowa City, IA

1 beds | 1 baths | 808 sq.ft.

$285,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1332

Traditional Rental Income: $1509

Airbnb ROI: -0.59%

Traditional ROI: 1.6%

63 Colchester Drive

Iowa City, IA

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

$539,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $1538

Traditional Rental Income: $2348

Airbnb ROI: -0.39%

Traditional ROI: 2.1%

4695 Herbert Hoover Hwy SE

Iowa City, IA

3 beds | 3 baths | 1,641 sq.ft.

$285,000

Airbnb cash on cash: 0.05%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1309

Traditional Rental Income: $2351

Airbnb ROI: 0.05%

Traditional ROI: 5.44%

1905 Earl Rd

Iowa City, IA

2 beds | 2 baths | 1,382 sq.ft.

$224,900

Airbnb cash on cash: -0.3%

Traditional cash on cash: 2.31%

Airbnb Rental Income: $1189

Traditional Rental Income: $1357

Airbnb ROI: -0.3%

Traditional ROI: 2.31%

3323 Tulane Ave

Iowa City, IA

3 beds | 2 baths | 900 sq.ft.

$285,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 4.74%

Airbnb Rental Income: $1309

Traditional Rental Income: $1946

Airbnb ROI: 0.85%

Traditional ROI: 4.74%

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%

1844 GRASLON DR

Iowa City, IA

3 beds | 3 baths | 1,344 sq.ft.

$410,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $1581

Traditional Rental Income: $1750

Airbnb ROI: 0.62%

Traditional ROI: 2.23%

1521 E Court St

Iowa City, IA

4 beds | 2 baths | 1,032 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2207

Airbnb ROI: N/A