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5 Woolf Ave, Iowa City, IA 52240

Local realty services provided by:CENTURY 21 Signature Real Estate
5 Woolf Ave,Iowa City, IA 52240
$1,875,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: jeff edberg, carmen krueger
Office: lepic-kroeger, realtors
MLS#:202507216
Source:IA_ICAAR

Price summary

  • Price:$1,875,000

About this home

Two well-maintained brick buildings on 0.40 acres of land located directly across from the VA Hospital and just a short walk to the UI Dental College and UIHC. This prime campus-area location offers dependable rental demand and exceptional long-term redevelopment potential. Building 1 has 9 studio units with approx 500 SF. Building 2 has 8 charming 2 BR / 1 BA apartments, each approx 800 SF. Both buildings have laundry rooms on site. Plenty of off-street parking including garages. Ideal as a stable income property with the added benefit of future high-end condo redevelopment in an irreplaceable Iowa City location close to hospitals, academics, transit & campus services. Please allow 48 hours' notice for tenants.

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Home facts

  • Year built:1958
  • Listing ID #:202507216
  • Added:47 day(s) ago
  • Updated:January 20, 2026 at 11:52 PM

Structure and exterior

  • Year built:1958

Schools

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

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$1,875,000
  • Tax amount:$23,514

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