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
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%
400 Grandview Ct #408 Iowa City, IA Welcome to this 1 bedroom/1 bathroom corner condo in a great location with West and South ...	1 beds \| 1 baths \| 628 sq.ft.	$180,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.61% Airbnb Rental Income: $1039 Traditional Rental Income: $1130 Airbnb ROI: -0.04% Traditional ROI: 2.61%
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 \| 3 baths \| 3,644 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%
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%
5424 400th St SE Iowa City, IA 5424 400th St SW is a picturesque farm property spanning approximately 25 acres, located j...	3 beds \| 2 baths \| 2,306 sq.ft.	$875,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 0.9% Airbnb Rental Income: $1324 Traditional Rental Income: $2720 Airbnb ROI: -1.32% Traditional ROI: 0.9%
3051 Wayne Ave #61 Iowa City, IA Move in ready! Well-maintained end-unit townhouse. New refrigerator, microwave, washer/dry...	3 beds \| 2 baths \| 1,684 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 duplex offers a rare homeowner opportunity, designed to help offset y...	2 beds \| 2 baths \| 1,477 sq.ft.	$275,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 5.1% Airbnb Rental Income: $1633 Traditional Rental Income: $2136 Airbnb ROI: 1.38% Traditional ROI: 5.1%
1018 Marcy St Iowa City, IA URBAN CHARM. Walk to downtown IC, Deluxe Bakery and enchanting Summit St neighborhood. On...	3 beds \| N/A baths \| 4,411 sq.ft.	$429,900	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.16% Airbnb Rental Income: $1472 Traditional Rental Income: $1901 Airbnb ROI: -0.99% Traditional ROI: 1.16%
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 \| 3 baths \| 5,066 sq.ft.	$1,550,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.83% Airbnb Rental Income: $null Traditional Rental Income: $3265 Airbnb ROI: N/A Traditional ROI: 0.83%
2365 Cae Dr Iowa City, IA Accepted Offer subject to contingencies; Backup Offers welcome. West side Contemporary Ran...	4 beds \| 3 baths \| 2,972 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%
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 \| 2,520 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%
1817 H St Iowa City, IA Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	2 beds \| 1 baths \| 940 sq.ft.	$147,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 4.37% Airbnb Rental Income: $1581 Traditional Rental Income: $1116 Airbnb ROI: 4.46% Traditional ROI: 4.37%
56 Pentire Cir Iowa City, IA IThis two-story condo features 3 bedrooms, 2.5 bathrooms, and boasts the best Price Per Sq...	3 beds \| 2 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%
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 \| 2,879 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%
1392 Tamarack Trl Iowa City, IA Come home to this high end, quiet neighborhood with unique style homes and lots of charm. ...	4 beds \| 3 baths \| 2,630 sq.ft.	$679,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.24% Airbnb Rental Income: $null Traditional Rental Income: $2381 Airbnb ROI: N/A Traditional ROI: 2.24%
1010 Martin St Iowa City, IA This unique LIVE/WORK three-story building sits right on Emma Harvat Square, in the heart ...	2 beds \| 2 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%
3201 Muscatine Ave #3 Iowa City, IA Architectural history meets timeless design. This unique townhouse-style condo is 1 of jus...	2 beds \| 1 baths \| 1,748 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 Gorgeous 1926 two story historic home in the coveted Longfellow School District! Seller wa...	3 beds \| 2 baths \| 2,464 sq.ft.	$406,820	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.57% Airbnb Rental Income: $1502 Traditional Rental Income: $2506 Airbnb ROI: -0.22% Traditional ROI: 3.57%
332 S Linn St #405 Iowa City, IA Be Downtown, convenient to all points of interest, but without the high traffic and noise ...	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 \| 4,303 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%
3339 Lower West Branch Rd Iowa City, IA Welcome to this Charming Contemporary 3-bed, 2-bath split-level home in a quiet Iowa City ...	3 beds \| 1 baths \| 1,586 sq.ft.	$249,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.84% Airbnb Rental Income: $1309 Traditional Rental Income: $1852 Airbnb ROI: 0.81% Traditional ROI: 4.84%
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 \| 2,204 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 \| 2,296 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%
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 \| 3,380 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%
401 S Lucas St Iowa City, IA This 4 bed (possibly 5) 2 bath house rents for $2375 with an increase to $2500 in August 2...	4 beds \| 2 baths \| 1,688 sq.ft.	$280,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 5.32% Airbnb Rental Income: $1866 Traditional Rental Income: $2309 Airbnb ROI: 1.74% Traditional ROI: 5.32%
320 N Dodge St Iowa City, IA This 3 bed 1 bath rental unit brings in $2000 per month with an increase to $2100 August 1...	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 Dr Iowa City, IA Fall in love with this exceptional one-owner, two-story home nestled in a highly desirable...	4 beds \| 2 baths \| 3,114 sq.ft.	$515,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 3.61% Airbnb Rental Income: $2695 Traditional Rental Income: $2975 Airbnb ROI: 1.71% Traditional ROI: 3.61%
3428 Lower West Branch Rd Iowa City, IA Well-maintained and thoughtfully upgraded, this home offers over 30 years of attentive own...	3 beds \| 3 baths \| 1,556 sq.ft.	$424,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.12% Airbnb Rental Income: $1309 Traditional Rental Income: $2395 Airbnb ROI: -0.63% Traditional ROI: 3.12%
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%
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 \| 2,655 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%
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: 2.79% Traditional cash on cash: 4.01% Airbnb Rental Income: $1487 Traditional Rental Income: $1242 Airbnb ROI: 2.79% Traditional ROI: 4.01%
1054 Foster Rd Iowa City, IA One of the original nine homes in the Peninsula Neighborhood, this Craftsman-style residen...	4 beds \| 3 baths \| 2,332 sq.ft.	$524,900	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.6% Airbnb Rental Income: $1876 Traditional Rental Income: $2537 Airbnb ROI: 0.23% Traditional ROI: 2.6%

Real Estate investment in Iowa-city, IA

There are 366 properties for sale in the city of Iowa City . The median list price in Iowa City is $317,500 and the average price per square foot is $201. In January 2026, the average monthly cash on cash return in Iowa City is 4.00%. The average monthly rental income in Iowa City is $2,111.

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

There are 366 investment properties available for sale in Iowa-city.

In 2026, the best neighborhood to buy investment property is Oak Grove.

The ROI for Long-Term is higher than the Short-Term in Iowa-city with average rental income of $2,111.

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%

400 Grandview Ct #408

Iowa City, IA

1 beds | 1 baths | 628 sq.ft.

$180,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 2.61%

Airbnb Rental Income: $1039

Traditional Rental Income: $1130

Airbnb ROI: -0.04%

Traditional ROI: 2.61%

435 Bayard St

Iowa City, IA

3 beds | 3 baths | 3,644 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%

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%

5424 400th St SE

Iowa City, IA

3 beds | 2 baths | 2,306 sq.ft.

$875,000

Airbnb cash on cash: -1.32%

Traditional cash on cash: 0.9%

Airbnb Rental Income: $1324

Traditional Rental Income: $2720

Airbnb ROI: -1.32%

Traditional ROI: 0.9%

3051 Wayne Ave #61

Iowa City, IA

3 beds | 2 baths | 1,684 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%