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: 3.63% Airbnb Rental Income: $1538 Traditional Rental Income: $3121 Airbnb ROI: -0.39% Traditional ROI: 3.63%
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 \| 1,713 sq.ft.	$285,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 5.51% Airbnb Rental Income: $1309 Traditional Rental Income: $2351 Airbnb ROI: 0.12% Traditional ROI: 5.51%
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: -0.5% Traditional cash on cash: 1.65% Airbnb Rental Income: $1189 Traditional Rental Income: $1261 Airbnb ROI: -0.5% Traditional ROI: 1.65%
40 Gryn Ct Iowa City, IA Set on a quiet cul-de-sac in a convenient Iowa City location, this spacious ranch delivers...	4 beds \| 2 baths \| 1,208 sq.ft.	$306,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 4.26% Airbnb Rental Income: $2344 Traditional Rental Income: $2095 Airbnb ROI: 3.11% Traditional ROI: 4.26%
100 Grandview Ct #100 Iowa City, IA This condo puts you right where you want to be â just minutes from Kinnick Stadium, UIHC...	3 beds \| 2 baths \| 970 sq.ft.	$220,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 6.08% Airbnb Rental Income: $1608 Traditional Rental Income: $1858 Airbnb ROI: 2.69% Traditional ROI: 6.08%
1127 Dill St Iowa City, IA This historic Manville Heights treasure, once home to local icon "Bump" Elliott, has been ...	4 beds \| 3 baths \| 3,565 sq.ft.	$1,020,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 1% Airbnb Rental Income: $3572 Traditional Rental Income: $3285 Airbnb ROI: 0.48% Traditional ROI: 1%
1289 Langenberg Ave Iowa City, IA Welcoming, spacious home with approximately 2500 sq ft, 4 bedrooms, 3 baths and convenient...	4 beds \| 4 baths \| 1,966 sq.ft.	$359,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 5.4% Airbnb Rental Income: $2148 Traditional Rental Income: $2816 Airbnb ROI: 1.8% Traditional ROI: 5.4%
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: 0.56% Traditional cash on cash: 4.01% Airbnb Rental Income: $1309 Traditional Rental Income: $1829 Airbnb ROI: 0.56% Traditional ROI: 4.01%
1519 Ranier Dr Iowa City, IA Welcome to this beautifully maintained west-side condo townhouse, ideally located close to...	3 beds \| 3 baths \| 1,224 sq.ft.	$265,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 4.01% Airbnb Rental Income: $1608 Traditional Rental Income: $2058 Airbnb ROI: 0.38% Traditional ROI: 4.01%
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%
2718 Jacque St Iowa City, IA Wonderful 2 Story home with some recent improvements in a desirable West Iowa City locatio...	4 beds \| 4 baths \| 1,518 sq.ft.	$332,999	Airbnb cash on cash: 2.56% Traditional cash on cash: 5.51% Airbnb Rental Income: $2344 Traditional Rental Income: $2687 Airbnb ROI: 2.56% Traditional ROI: 5.51%
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: 0.31% Traditional cash on cash: 3.05% Airbnb Rental Income: $1581 Traditional Rental Income: $2180 Airbnb ROI: 0.31% Traditional ROI: 3.05%
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.	$429,999	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.29% Airbnb Rental Income: $1438 Traditional Rental Income: $2354 Airbnb ROI: -0.04% Traditional ROI: 3.29%
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: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $2031 Airbnb ROI: N/A Traditional ROI: 4.09%
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%
158 Eversull Ln Iowa City, IA Bright, beautifully updated home featuring maple floors and a striking 3-sided gas firepla...	4 beds \| 3 baths \| 1,470 sq.ft.	$449,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 2.36% Airbnb Rental Income: $1538 Traditional Rental Income: $2228 Airbnb ROI: -0.34% Traditional ROI: 2.36%
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: 1.76% Traditional cash on cash: 6.17% Airbnb Rental Income: $1669 Traditional Rental Income: $2047 Airbnb ROI: 1.76% Traditional ROI: 6.17%
3 Mount Vernon Ct Iowa City, IA Tucked into a quiet cul-de-sac in the much loved Lemme School area, this adorable 3-bedroo...	3 beds \| 3 baths \| 1,476 sq.ft.	$389,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.5% Airbnb Rental Income: $1309 Traditional Rental Income: $2248 Airbnb ROI: -0.19% Traditional ROI: 3.5%
1835 Hafor Dr Iowa City, IA UPDATED RANCH-STYLE HOME with the perfect blend of space, comfort, and convenience, locate...	4 beds \| 3 baths \| 1,342 sq.ft.	$379,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 3.47% Airbnb Rental Income: $1995 Traditional Rental Income: $2279 Airbnb ROI: 1.21% Traditional ROI: 3.47%
519 S Dubuque St Iowa City, IA Sabin Townhomes Upper-level, two-story townhome with private entry directly off S. Dubuq...	2 beds \| 3 baths \| 1,314 sq.ft.	$395,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 3.34% Airbnb Rental Income: $1595 Traditional Rental Income: $2393 Airbnb ROI: -0.05% Traditional ROI: 3.34%
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: 0.34% Traditional cash on cash: 4.77% Airbnb Rental Income: $1291 Traditional Rental Income: $2092 Airbnb ROI: 0.34% Traditional ROI: 4.77%
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: 6.26% Traditional cash on cash: 9.09% Airbnb Rental Income: $2351 Traditional Rental Income: $2288 Airbnb ROI: 6.26% Traditional ROI: 9.09%
2518 Wayne Ave Iowa City, IA Fantastic potential in this 3 bedroom 1.5 bath ranch home with large fenced-in yard. Clas...	3 beds \| 2 baths \| 1,025 sq.ft.	$169,900	Airbnb cash on cash: 2.37% Traditional cash on cash: 8.18% Airbnb Rental Income: $1409 Traditional Rental Income: $1926 Airbnb ROI: 2.37% Traditional ROI: 8.18%
304 Ronalds St Iowa City, IA This North Side Victorian has all the character you'll love with and none of the projects ...	3 beds \| 3 baths \| 1,560 sq.ft.	$375,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.13% Airbnb Rental Income: $1409 Traditional Rental Income: $1617 Airbnb ROI: 0.33% Traditional ROI: 2.13%
470 N 1st Ave #203 Iowa City, IA Enjoy energy savings and low-maintenance living in this secure second-floor 2-bedroom, 2-b...	2 beds \| 2 baths \| 1,169 sq.ft.	$187,500	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.92% Airbnb Rental Income: $1804 Traditional Rental Income: $1855 Airbnb ROI: 2.88% Traditional ROI: 5.92%
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: 1.14% Traditional cash on cash: 1.66% Airbnb Rental Income: $1995 Traditional Rental Income: $1677 Airbnb ROI: 1.14% Traditional ROI: 1.66%
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: 0.96% Airbnb Rental Income: $null Traditional Rental Income: $3265 Airbnb ROI: N/A Traditional ROI: 0.96%
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: -0.26% Traditional cash on cash: 3.1% Airbnb Rental Income: $1194 Traditional Rental Income: $1771 Airbnb ROI: -0.26% 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: -2.33% Traditional cash on cash: -1.92% Airbnb Rental Income: $1705 Traditional Rental Income: $1663 Airbnb ROI: -2.33% Traditional ROI: -1.92%
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: -2.5% Traditional cash on cash: -0.1% Airbnb Rental Income: $1502 Traditional Rental Income: $2968 Airbnb ROI: -2.5% Traditional ROI: -0.1%
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: -0.05% Traditional cash on cash: 4.86% Airbnb Rental Income: $1538 Traditional Rental Income: $3048 Airbnb ROI: -0.05% Traditional ROI: 4.86%
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: 0.77% Traditional cash on cash: 3.53% Airbnb Rental Income: $1876 Traditional Rental Income: $2486 Airbnb ROI: 0.77% Traditional ROI: 3.53%
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: 0.97% Traditional cash on cash: 4.99% Airbnb Rental Income: $1669 Traditional Rental Income: $2102 Airbnb ROI: 0.97% Traditional ROI: 4.99%
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: 0.26% Traditional cash on cash: 2.6% Airbnb Rental Income: $1332 Traditional Rental Income: $1581 Airbnb ROI: 0.26% Traditional ROI: 2.6%
4860 American Legion Road Iowa City, IA Great acreage on the edge of town with room to roam and spaces for all your toys and equip...	3 beds \| 3 baths \| 1,509 sq.ft.	$974,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.75% Airbnb Rental Income: $1324 Traditional Rental Income: $2293 Airbnb ROI: -0.77% Traditional ROI: 0.75%

Real Estate investment in Iowa-city, IA

There are 174 properties for sale in the city of Iowa City . The median list price in Iowa City is $332,999 and the average price per square foot is $213. In April 2026, the average monthly cash on cash return in Iowa City is 4.00%. The average monthly rental income in Iowa City is $2,180.

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

There are 174 investment properties available for sale in Iowa-city.

In 2026, 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 $2,180.

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: 3.63%

Airbnb Rental Income: $1538

Traditional Rental Income: $3121

Airbnb ROI: -0.39%

Traditional ROI: 3.63%

4695 Herbert Hoover Hwy SE

Iowa City, IA

3 beds | 3 baths | 1,713 sq.ft.

$285,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $1309

Traditional Rental Income: $2351

Airbnb ROI: 0.12%

Traditional ROI: 5.51%

1905 Earl Rd

Iowa City, IA

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

$224,900

Airbnb cash on cash: -0.5%

Traditional cash on cash: 1.65%

Airbnb Rental Income: $1189

Traditional Rental Income: $1261

Airbnb ROI: -0.5%

Traditional ROI: 1.65%

40 Gryn Ct

Iowa City, IA

4 beds | 2 baths | 1,208 sq.ft.

$306,000

Airbnb cash on cash: 3.11%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $2344

Traditional Rental Income: $2095

Airbnb ROI: 3.11%

Traditional ROI: 4.26%

100 Grandview Ct #100

Iowa City, IA

3 beds | 2 baths | 970 sq.ft.

$220,000

Airbnb cash on cash: 2.69%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1608

Traditional Rental Income: $1858

Airbnb ROI: 2.69%

Traditional ROI: 6.08%

1127 Dill St

Iowa City, IA

4 beds | 3 baths | 3,565 sq.ft.

$1,020,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 1%

Airbnb Rental Income: $3572

Traditional Rental Income: $3285

Airbnb ROI: 0.48%

Traditional ROI: 1%

1289 Langenberg Ave

Iowa City, IA

4 beds | 4 baths | 1,966 sq.ft.

$359,000

Airbnb cash on cash: 1.8%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $2148

Traditional Rental Income: $2816

Airbnb ROI: 1.8%