946 E Iowa Ave, Iowa City, IA, 52245
About This Home
Rare opportunity to own a fully leased boarding/rooming house in an excellent location with direct access to free public transportation, campus transportation or one could most certainly walk or bike to UI campus and everything that downtown Iowa City has to offer. Call listing agent for viewing and any questions that you may have. Easy to show (few tenants are here for the summer) for the whole month of July. Fully leased possession starts August 1st.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Construction materials: Wood,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Income Investment,Residential
Interior
Appliances
- Appliances included: Range Or Oven,Refrigerator,Dryer,Washer
- Laundry features: Laundry Room
Basement
- Has basement: Yes
- Basement: Full,Sump Pump,Walk-Out Access,Finished
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 3
Features
- Rear Stairs,Family Room On Main Level,Breakfast Area
- Flooring: Wood,LVP
- Fireplace features: None
- Finished area below ground: 1,000
- Finished area above ground: 2,906
Heating & Cooling
- Heating features: Forced Air,Radiant,Heated Floor
- Cooling features: Central Air
Interior Area
- Total structure area: 3,906
- Total interior livable area: 3,906 sqft
Property
Details
- Parcel number: 1011338005
- Zoning: RNS-20
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Front Porch
- Exterior features: Balcony
Lot
- Lot size: 5,974 sqft
- Features: Less Than Half Acre
- Lot size dimensions: 58 x 103
Parking
- Total spaces: 4
- Parking features: Guest,Off Street,On Street,Parking Pad
- Has garage: Yes
- Has uncovered spaces: Yes
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
- Tornado
- Cold Wave
- Hail
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance * | $298 | $3,576 |
| Property Taxes | $816 | $9,792 |
| Electricity | $291 | $3,496 |
| Total | $4,944 | $59,328 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-03 | Listed for sale | $700,000 |
View on Zillow