UNIQUE PROPERTY FOR SALE! TAILGATERS DREAM! ASSOC. DOCS has full info. - Located within walking distance to Carver and Kinnick. Corner lot with parking. 3 stall garages have been used in the past for game day events by the Owners and has a restroom. SALE INCLUDES 1004 NEWTON ROAD & 7 VALLEY AVE which are one parcel. 1004 Newton Road is a 2-story home with 4 rental units at $450/mo. each for $1,800 or $21,600 Annually. Tenants pay all Utilities. Annual Insurance is approx. $1,500. New roof in 2015. 7 Valley Ave is 4 rental units above a 3-stall garage, built in 1985 and rent for $650-$675 /mo. each, total of $2,675, or $32,100 Annually. Annual Insurance is approx. $2,500. Landlord provides: Water/Sewer/Garbage with a monthly Average of $133 or $1,596 Annually.
Sold for $1,300,000 on 07/08/25
$1,300,000
1004 Newton Rd, Iowa City, IA 52246
--beds
--baths
3,360sqft
Multi Family, Residential
Built in ----
-- sqft lot
$-- Zestimate®
$387/sqft
$1,985 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,985/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 08, 2025 at 03:16pm
Listed by:
Karla Davis 319-981-0890,
GATEWAY ACCESS REALTY,
Chris Eden 319-631-3865,
GATEWAY ACCESS REALTY
Bought with:
GATEWAY ACCESS REALTY
Source: Iowa City Area AOR,MLS#: 202503298
Facts & features
Interior
Heating
- Forced Air, Steam
Appliances
- Included: Range Or Oven, Refrigerator
Features
- Flooring: Carpet, Vinyl
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Other
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
- Finished area above ground: 3,360
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street
- Has attached garage: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,991 sqft
- Dimensions: 8,991 sq ft
Details
- Parcel number: 1009290013
- Zoning: MF
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Frame, Vinyl, Wood
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Sidewalks, Street Lights, Other
Location
- Region: Iowa City
- Subdivision: N/A
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing terms: Conventional,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2025 | Sold | $1,300,000$387/sqft |
Source:  Iowa City Area AOR #202503298 Report a problem | ||
| 5/21/2025 | Pending sale | $1,300,000$387/sqft |
Source:  CRAAR, CDRMLS #2503618 Report a problem | ||
| 5/19/2025 | Listed for sale | $1,300,000$387/sqft |
Source: CRAAR, CDRMLS #2503618 Report a problem | ||
| 9/18/2018 | Listing removed | $1,600 |
Source: Owner Report a problem | ||
| 6/28/2018 | Listed for rent | $1,600 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,035 -2.1% | $480,290 |
| 2023 | $9,228 -11.1% | $480,290 +12.8% |
| 2022 | $10,384 -10.6% | $425,730 |
Find assessor info on the county website
Neighborhood: 52246
Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10Southeast Junior High SchoolGrades: 7-8Distance: 3 mi
- 7/10Iowa City High SchoolGrades: 9-12Distance: 2.4 mi
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