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1100 Arthur St, Iowa City, IA 52240

Local realty services provided by:CENTURY 21 Signature Real Estate
1100 Arthur St,Iowa City, IA 52240
$7,350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jeff edberg, carmen krueger
Office: lepic-kroeger, realtors
MLS#:202601010
Source:IA_ICAAR

Price summary

  • Price:$7,350,000

About this home

This is a 100-unit cooperative project with all units leased out. 66 are one bedroom with 575 SF and 34 are two bedroom with 800 SF. The building is a quadrangle style with grassy area in the middle. Annual income is $966,180, expenses are 50% at $483,083 and NOI is $483,097 giving a 6.6% CAP Rate. There are separate laundry rooms for extra income and two basement areas with storage units for the tenants. The parcel is 3.765 acres and has approximately 100 parking spaces and bus service nearby. Close to banking, shopping, schools and parks. It is also directly across Arthur street from the new Neighborhood center daycare and community center that will offer classrooms, computer lab, bikes for loan, playground and a center for community activities. Also, as a cooperative property, each unit could be sold individually.

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Home facts

  • Year built:1962
  • Listing ID #:202601010
  • Added:475 day(s) ago
  • Updated:February 10, 2026 at 04:34 PM

Structure and exterior

  • Year built:1962

Schools

  • High school:City
  • Middle school:Southeast
  • Elementary school:Lucas

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$7,350,000
  • Tax amount:$98,300

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