Sited on one of Iowa City's most iconic downtown streets, Vogel House, offers 24 fully leased rental units (20 studios and 4 loft penthouses). This property, architecturally designed by Neumann Monson Architects, is a rare opportunity to invest in a high-visibility asset with enduring value. Located in the heart of downtown Iowa City, directly across from public parking and within walking distance to the University of Iowa's main campus, Vogel House is ideally positioned for strong tenant demand. The four loft penthouses each have private balconies, enhancing the appeal of these rentals to prospective tenants. This complex offers elevator access, on-site common laundry, and a proven history of excellent rental performance.
Pending
$4,200,000
255 Iowa Ave, Iowa City, IA 52240
--beds
--baths
14,890sqft
Est.:
Multi Family, Residential
Built in 2002
-- sqft lot
$3,839,200 Zestimate®
$282/sqft
$-- HOA
What's special
- 137 days
- on Zillow |
- 302 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: May 12, 2025 at 05:39pm
Listed by:
Teresa Morrow 319-530-6235,
Blank & McCune Real Estate
Source: Iowa City Area AOR,MLS#: 202500213

Travel times
Facts & features
Interior
Rooms
- Room types: Loft
Heating
- Electric, Forced Air, Ductless
Appliances
- Included: Range Or Oven, Refrigerator, Microwave
- Laundry: Laundry Room
Features
- Elevator
- Flooring: Concrete
- Basement: See Remarks
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 14,890
- Total interior livable area: 14,890 sqft
- Finished area above ground: 14,890
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Sprinkler System
Lot
- Size: 3,105 Square Feet
- Dimensions: 45 x 69
- Features: Corner Lot
Details
- Parcel number: Mutiple
- Zoning: CB10
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Block, Steel, Frame
Condition
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Security, Sidewalks, Street Lights, Close To School, Near Shopping, Near Public Transport
- Security: Smoke Detector(s)
- Subdivision: Vogel House Condominiums
HOA
- Services included: None
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $282/sqft
- Annual tax amount: $82,370
- Date on market: 1/7/2025
- Listing terms: Cash
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