Residential Sale
780 Sqft - Valley, Unit 6, Iowa City, Iowa 52240
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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

Property 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

Basic Details
Property Type:
Residential
Listing Type:
Sale
Listing ID:
2602126
Price:
$239,000
Beds:
2
Total Baths:
1
Baths:
1
Half Bathrooms:
0
Square Feet:
780 Sqft
Construction Year:
1984
Country:
US
State:
IA
County:
Johnson
City:
Iowa City
Zipcode:
52240
Unit #:
6
Property Sub Type:
Condominium
Features
Heating:
Electric, See Remarks
Cooling System:
See Remarks, Wall/Window Unit(s)
Parking:
Garage, Off Street, See Remarks, None
Garage Length:
2
Construction:
Frame, Wood Siding
Interior:
Upper Level Primary
Address Map
Street Number:
29
Street:
Valley
Street Suffix:
Avenue
Floor Number:
0
Longitude:
W92° 26' 51.3''
Latitude:
N41° 39' 50.9''
More Information
Office Name:
Realty87
Agent Name:
Karen Mathison
Elementary School:
Lincoln
Jr./Middle School:
Southeast
High School:
City
Directions:
Hwy 6 to Valley Ave
Lot Dimensions:
.024
LA1Agent Logon Name:
MATHISONKARE121
LA1Agent First Name:
Karen
LA1Agent Last Name:
Mathison
LO1Main Office ID:
CHED01
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Karen Mathison
Realty87
Additional Details
See Remarks, Wall/Window Unit(s)
Frame, Wood Siding
Upper Level Primary
03/31/2026
Hwy 6 to Valley Ave
.024