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: 0.48% Traditional cash on cash: 2.53% Airbnb Rental Income: $2247 Traditional Rental Income: $2565 Airbnb ROI: 0.48% Traditional ROI: 2.53%
2184 Willenbrock Cir Iowa City, IA MODEL FLOOR PLAN. SECOND FLOOR THREE-BEDROOM CONDOMINIUM. Comfortable, upscale 1,420 sq-ft...	3 beds \| 2 baths \| 1,420 sq.ft.	$340,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 2.49% Airbnb Rental Income: $2229 Traditional Rental Income: $2114 Airbnb ROI: 1.09% Traditional ROI: 2.49%
201 E Washington St #902 Iowa City, IA Sophisticated simplicity abounds throughout this stunning ninth floor condo offering an ex...	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%
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: 5.3% Traditional cash on cash: 4.26% Airbnb Rental Income: $3445 Traditional Rental Income: $2340 Airbnb ROI: 5.3% Traditional ROI: 4.26%
701 Caroline Ave Iowa City, IA This cute as a button ranch is affordable and ready for you to move into. Notice the brand...	3 beds \| 2 baths \| 1,092 sq.ft.	$275,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 4.21% Airbnb Rental Income: $1811 Traditional Rental Income: $1714 Airbnb ROI: 2.69% Traditional ROI: 4.21%
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.	$450,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 4.54% Airbnb Rental Income: $3445 Traditional Rental Income: $3121 Airbnb ROI: 3.5% Traditional ROI: 4.54%
816 N 1st Ave Iowa City, IA Quaint zero-lot in a mature area of Iowa City close to I-80 for a quick commute and just m...	3 beds \| 2 baths \| 1,775 sq.ft.	$309,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 6.67% Airbnb Rental Income: $1715 Traditional Rental Income: $2339 Airbnb ROI: 2.9% Traditional ROI: 6.67%
507 Meadow St Iowa City, IA Spacious retro ranch in quiet East side neighborhood with original character & charm. Upda...	4 beds \| 2 baths \| 2,215 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.65% Airbnb Rental Income: $null Traditional Rental Income: $1580 Airbnb ROI: N/A Traditional ROI: 2.65%
437 Peterson St Iowa City, IA Stylish & sunny 2 bed, 1.5 bath townhouse condo with spacious rooms & plenty of storage sp...	2 beds \| 1 baths \| 1,376 sq.ft.	$154,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 3.23% Airbnb Rental Income: $1580 Traditional Rental Income: $1229 Airbnb ROI: 2.54% Traditional ROI: 3.23%
74 Rita Lyn Ct Iowa City, IA Immaculately maintained one owner east side home! 4 BDRM/3.5 Bath with many recent update...	4 beds \| 3 baths \| 3,479 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $2787 Airbnb ROI: N/A Traditional ROI: 2.05%
1477 Buckingham Pl Iowa City, IA	3 beds \| 2 baths \| 2,152 sq.ft.	$365,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.19% Airbnb Rental Income: $1528 Traditional Rental Income: $2312 Airbnb ROI: -0.39% Traditional ROI: 3.19%
1146 Mormon Trek Blvd Iowa City, IA West side townhome with convenient location and low maintenance living. Living room with w...	2 beds \| 1 baths \| 1,325 sq.ft.	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.34% Airbnb Rental Income: $null Traditional Rental Income: $1538 Airbnb ROI: N/A Traditional ROI: 4.34%
1029 N Dodge St Iowa City, IA Charming turn-of-the-century brick farmhouse is designated as an Iowa City Historic Landma...	3 beds \| 1 baths \| 2,016 sq.ft.	$347,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 2.42% Airbnb Rental Income: $1811 Traditional Rental Income: $1605 Airbnb ROI: 1.54% Traditional ROI: 2.42%
1816 Rochester Ave Iowa City, IA Windsor Heights 4-bdrm, 3-bth ranch built in 1959 has many renovations/upgrades and is clo...	4 beds \| 3 baths \| 1,970 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.79% Airbnb Rental Income: $null Traditional Rental Income: $2853 Airbnb ROI: N/A Traditional ROI: 6.79%
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: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $2860 Airbnb ROI: N/A 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.	$260,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 5.43% Airbnb Rental Income: $1528 Traditional Rental Income: $2225 Airbnb ROI: 0.79% Traditional ROI: 5.43%
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: N/A Traditional cash on cash: 3.83% Airbnb Rental Income: $null Traditional Rental Income: $1940 Airbnb ROI: N/A Traditional ROI: 3.83%
2264 Plaen View Dr Iowa City, IA Walk-out zero-lot-line home with garden areas, fenced yard, and outdoor spaces. Features 3...	3 beds \| 2 baths \| 1,562 sq.ft.	$259,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 6.06% Airbnb Rental Income: $1726 Traditional Rental Income: $2130 Airbnb ROI: 2.47% Traditional ROI: 6.06%
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: 2.51% Traditional cash on cash: 3.04% Airbnb Rental Income: $2738 Traditional Rental Income: $2340 Airbnb ROI: 2.51% 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: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1167 Airbnb ROI: N/A 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: 0.68% Traditional cash on cash: 0.59% Airbnb Rental Income: $3121 Traditional Rental Income: $2302 Airbnb ROI: 0.68% 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: 1.48% Traditional cash on cash: 4.3% Airbnb Rental Income: $1646 Traditional Rental Income: $2019 Airbnb ROI: 1.48% Traditional ROI: 4.3%
264 West Side Dr Iowa City, IA Warm and welcoming townhouse-styled condo on the west side of Iowa City. Perfect location ...	2 beds \| 1 baths \| 1,550 sq.ft.	$224,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.05% Airbnb Rental Income: $1189 Traditional Rental Income: $1532 Airbnb ROI: -0.38% Traditional ROI: 3.05%
1464 Dunley Ct Iowa City, IA Check out this great walkout ranch in Country Club Estates! Spacious main floor with vault...	4 beds \| 3 baths \| 2,684 sq.ft.	$485,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 2.14% Airbnb Rental Income: $3038 Traditional Rental Income: $2241 Airbnb ROI: 2.37% Traditional ROI: 2.14%
84 Amhurst St Iowa City, IA Very well cared for and updated 4bdrm,3bath,2 car heated garage split foyer on east side n...	4 beds \| 3 baths \| 1,742 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.41% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 5.41%
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: 2.55% Traditional cash on cash: 6.26% Airbnb Rental Income: $1466 Traditional Rental Income: $1582 Airbnb ROI: 2.55% 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: -0.03% Traditional cash on cash: 3.93% Airbnb Rental Income: $1528 Traditional Rental Income: $2329 Airbnb ROI: -0.03% Traditional ROI: 3.93%
19 Eversull Ln Iowa City, IA This beautifully maintained east side ranch is ready to welcome you home! From the moment ...	4 beds \| 3 baths \| 2,251 sq.ft.	$445,900	Airbnb cash on cash: 3.53% Traditional cash on cash: 2.67% Airbnb Rental Income: $3445 Traditional Rental Income: $2325 Airbnb ROI: 3.53% Traditional ROI: 2.67%
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%
1429 Mckinley Pl Iowa City, IA Stunning Townhouse Style Condo on the West side of Iowa City. Sunlit living room offering ...	3 beds \| 3 baths \| 2,019 sq.ft.	$297,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 4.88% Airbnb Rental Income: $1726 Traditional Rental Income: $2521 Airbnb ROI: 0.33% Traditional ROI: 4.88%
404 E College St #1407 Iowa City, IA Live amid everything downtown Iowa City has to offer. This handsome west-facing condominiu...	1 beds \| 1 baths \| 1,765 sq.ft.	$835,000	Airbnb cash on cash: -3.12% Traditional cash on cash: -2.33% Airbnb Rental Income: $1558 Traditional Rental Income: $1724 Airbnb ROI: -3.12% Traditional ROI: -2.33%
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: -1.2% Traditional cash on cash: 0.86% Airbnb Rental Income: $1536 Traditional Rental Income: $1901 Airbnb ROI: -1.2% Traditional ROI: 0.86%
4741 Herbert Hoover Hwy Iowa City, IA This like new condo has fresh paint, new carpet and anew stove. Open concept living with h...	3 beds \| 2 baths \| 1,713 sq.ft.	$250,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 6.61% Airbnb Rental Income: $1518 Traditional Rental Income: $2518 Airbnb ROI: 0.5% Traditional ROI: 6.61%
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: N/A Traditional cash on cash: -2.07% Airbnb Rental Income: $null Traditional Rental Income: $1023 Airbnb ROI: N/A Traditional ROI: -2.07%
201 E Washington St #1002 Iowa City, IA STYLISH, URBAN LIVING. 10th floor condo at Park 201 with contemporary design, convenient l...	1 beds \| 1 baths \| 1,140 sq.ft.	$465,000	Airbnb cash on cash: -1.77% Traditional cash on cash: -0.14% Airbnb Rental Income: $1558 Traditional Rental Income: $1822 Airbnb ROI: -1.77% Traditional ROI: -0.14%
925 Longfellow Pl Iowa City, IA SECOND (TOP) FLOOR TWO-BEDROOM CONDOMINIUM. Comfortable, 1,185 sq-ft 2 bedrooms condo in L...	2 beds \| 1 baths \| 1,185 sq.ft.	$200,000	Airbnb cash on cash: 2.9% Traditional cash on cash: 3.63% Airbnb Rental Income: $1720 Traditional Rental Income: $1383 Airbnb ROI: 2.9% Traditional ROI: 3.63%
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: 3.82% Traditional cash on cash: 5.02% Airbnb Rental Income: $2207 Traditional Rental Income: $1935 Airbnb ROI: 3.82% Traditional ROI: 5.02%

Real Estate investment in Iowa-city, IA

There are 715 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 $161. In November 2026, the average monthly cash on cash return in Iowa City is 3.00%. The average monthly rental income in Iowa City is $1,877.

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

There are 715 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 $1,877.

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: 0.48%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $2247

Traditional Rental Income: $2565

Airbnb ROI: 0.48%

Traditional ROI: 2.53%

2184 Willenbrock Cir

Iowa City, IA

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

$340,000

Airbnb cash on cash: 1.09%

Traditional cash on cash: 2.49%

Airbnb Rental Income: $2229

Traditional Rental Income: $2114

Airbnb ROI: 1.09%

Traditional ROI: 2.49%

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%

800 Pepper Dr

Iowa City, IA

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

$349,900

Airbnb cash on cash: 5.3%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $3445

Traditional Rental Income: $2340

Airbnb ROI: 5.3%

Traditional ROI: 4.26%

701 Caroline Ave

Iowa City, IA

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

$275,000

Airbnb cash on cash: 2.69%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $1811

Traditional Rental Income: $1714

Airbnb ROI: 2.69%

Traditional ROI: 4.21%

63 Colchester Dr

Iowa City, IA

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

$450,000

Airbnb cash on cash: 3.5%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $3445

Traditional Rental Income: $3121

Airbnb ROI: 3.5%

Traditional ROI: 4.54%

816 N 1st Ave

Iowa City, IA

3 beds | 2 baths | 1,775 sq.ft.

$309,900

Airbnb cash on cash: 2.9%

Traditional cash on cash: 6.67%

Airbnb Rental Income: $1715

Traditional Rental Income: $2339

Airbnb ROI: 2.9%

Traditional ROI: 6.67%

507 Meadow St

Iowa City, IA

4 beds | 2 baths | 2,215 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.65%

Airbnb Rental Income: $null

Traditional Rental Income: $1580

Airbnb ROI: N/A