Description

Don’t miss this fantastic opportunity to own a 2-bedroom, 1-bath condo in an unbeatable location—just steps from the University of Iowa campus and right next to Carver-Hawkeye Arena. Whether you’re searching for a smart investment property or ready to stop renting and own your own place, this condo checks all the boxes.
Situated on the second level, this unit features an open-concept kitchen and living area, creating a comfortable and functional living space. Enjoy laminate flooring throughout, electric heat, and a window A/C unit.
All appliances are included, including a washer and dryer, making this a truly move-in-ready home. The property also comes with two dedicated parking spaces—a rare and valuable perk in this area.
The annual HOA fee of $1,440 covers lawn care, exterior building insurance and liability, as well as general exterior maintenance. The HOA also manages annual rental inspections and permit requirements, making this an excellent option for investors. Trash service is shared with the neighboring building.
The unit is currently tenant-occupied, with a lease in place through June 30th—offering immediate rental income potential. Current rent is 1,350 tenant pays all utilities

Listing ID #2602126

Residential Sale

29 Valley Avenue Unit 6
Iowa City, Iowa 52240

$239,000
Beds2
Total Baths1
Square Feet780
Construction Year1984
Country : US
State : IA
County : Johnson
City : Iowa City
Zipcode : 52240
StatusActive
Listing Agent
Karen Mathison
Realty87
Mortgage Calculator
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Features
2602126
Condo
2
1
780 Sqft
1984
Garage, Off Street, See Remarks, None
Frame, Wood Siding
Hwy 6 to Valley Ave
Additional Details
See Remarks, Wall/Window Unit(s)
Electric, See Remarks
Upper Level Primary
03-31-2026
.024
1440.0

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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