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3701 Eastbrook St, Iowa City, IA, 52245

--beds
--baths
10,895sqft
$8,000,000
$734price/sqft
$54,013/moest. monthly cost
$2,160,520/yrincome needed

About This Home

3701 Eastbrook St in Iowa City is a 2 – building, 18–Unit property with 3.5 acres of developed land and4.01 acres of excess undeveloped land located on theeast side of Iowa City. The excess land is approvedfor an additional 86 units. The property is currentlyrented by the unit, and features three different floorplans: 6 - 1 bed / 1 bath, 4 - 2 bed / 2 bath & 8 - 3bed / 2 bath. The buildings were constructed in 2024.Tenants are responsible for utilities. Units featurehigh-end finishes including new appliances, washer &dryer in unit, quartz countertops, LVP flooring, anddishwasher. This provides a high-end livingexperience at an affordable and attractive price forpeople of all ages. Laundry in each unit. Appliances: stove, refrigerator, & dishwasher. Private patio for each unit. LVP floors. Quartz countertops Walk-in closets High speed internet Dog park.

Getting Around

14
WalkingCar-Dependent
26
TransitSome Transit
58
BikeBikeable

Schools

5/10
7/10
Iowa City High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: In Unit

Heating & Cooling

  • Heating features: Electric,Gas,Hot Water
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 10,895 sqft

Property

Details

  • Parcel number: 0918257002

Features

  • Patio & porch: Deck,Patio

Lot

  • Lot size: 7.51 Acres
  • Lot size dimensions: 7.51 Acre

Parking

  • Parking features: Parking Space(s)

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Heat Wave
Lightning
Winter Weather
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $40,452$485,424
Home Insurance *$3,416$40,992
Property Taxes $9,333$111,996
Electricity $812$9,752
Total$54,013$648,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,851,874/yr
40% on housing$1,620,390/yr
45% on housing$1,440,346/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$734This listing

vs Other Active Listings

Avg $/sqft

ZIP 52245$177
Johnson County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 52245$179
Johnson County$179

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Listed for sale$8,000,000
2026-01-01Listing removed$5,250,000
2025-07-16Listed for sale$5,250,000
2025-06-30Listing removed$5,250,000
2025-04-29Listed for sale$5,250,000

For Sale by Agent

AgentTiffany Earl Williams-WSG CRE
BrokerageSKOGMAN REALTY COMMERCIAL

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