Well maintained fully leased 9 unit apartment complex for sale. Currently fully leased through end of July 2026 school year with rent increases. This is a prime location Downtown Iowa City on the University of Iowa Campus. Walkable to class for Tenants. on bus routes, onsite laundry, and Tenants pay all utilities. Each apartment is a separate unit with separate kitchen and bathroom in each unit. Mix of Studio, One Bedroom & Two Bedroom Apartments. Many updates throughout the building have been made. One owner is an Iowa Broker
Sold for $950,000 on 09/02/25
$950,000
625 E Burlington St, Iowa City, IA 52240
--beds
1baths
5,658sqft
Multi Family, Residential
Built in 1900
-- sqft lot
$953,200 Zestimate®
$168/sqft
$1,318 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 02, 2025 at 04:40pm
Listed by:
Tracy Barkalow 319-631-3268,
Barkalow & Associates, Realtors
Bought with:
Lepic-Kroeger, REALTORS
Source: Iowa City Area AOR,MLS#: 202501907
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Electric
Cooling
- Window Unit(s)
Appliances
- Included: Range Or Oven, Refrigerator, Microwave
- Laundry: Laundry Room, In Basement
Features
- Other
- Flooring: Wood, Vinyl, Laminate
- Basement: Full,Walk-Out Access
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,658
- Total interior livable area: 5,658 sqft
- Finished area above ground: 4,158
- Finished area below ground: 1,500
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 8,000 sqft
- Dimensions: 80 x 100
Details
- Parcel number: 1010463001
- Zoning: RNS20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Frame, Wood
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s), Carbon Monoxide Detector(s)
Community
- Community features: Sidewalks, Street Lights, Close To School, Near Shopping, Near Public Transport
Location
- Region: Iowa City
- Subdivision: Original Town
Other
Other facts
- Listing terms: Conventional,1031 Exchange,Cash
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$953,200
2% more+$19,064
With Zillow Showcase(estimated)$972,264