




1406 Franklin St, Iowa City, IA, 52240
About This Home
Welcome to 1406 Franklin St! This beautifully updated home blends classic charm with modern updates in one of Iowa City's more established neighborhoods. Step inside to discover brand new carpet, fresh paint throughout, and two fully remodeled bathrooms (2025), creating a clean, move-in-ready space you'll love from day one. Outside, the mature shade tree adds timeless curb appeal and creates a relaxing setting to enjoy the front yard. Whether you're looking for your first home, more space, or a convenient location close to everything Iowa City has to offer, this property checks all the boxes. Located just minutes from Downtown Iowa City, the University of Iowa, and UI Health Care, you'll enjoy quick access to restaurants, shopping, coffee shops, parks, and entertainment. Outdoor enthusiasts will appreciate nearby City Park, the Iowa River Trail, and several neighborhood parks, while commuters will love the easy access to Highway 6. Don't miss your opportunity to own this thoughtfully updated home in a convenient Iowa City location. Schedule your private showing today and see everything 1406 Franklin St has to offer!
Getting Around
Schools
Construction
Condition
- Year built: 1955
Materials
- Foundation: Slab
- Construction materials: Composit,Vinyl,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range Or Oven,Refrigerator,Washer
- Laundry features: Main Level
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Other,Primary On Main Level,Breakfast Area
- Flooring: Carpet,LVP,Laminate
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 1,120
Heating & Cooling
- Heating features: Baseboard,Electric,Forced Air,Natural Gas
- Cooling features: Ceiling Fan(s),Central Air
Interior Area
- Total structure area: 1,120
- Total interior livable area: 1,120 sqft
Property
Details
- Parcel number: 1014381003
- Zoning: Residential
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Lot size: 7,405 sqft
- Features: Less Than Half Acre
- Lot size dimensions: 60 x 126
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Has garage: 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
- Heat Wave
- Inland Flooding
- Ice Storm
- Lightning
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 | $1,150 | $13,800 |
| Home Insurance * | $119 | $1,428 |
| Property Taxes | $310 | $3,720 |
| Electricity | $121 | $1,452 |
| Total | $1,700 | $20,400 |
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 |
|---|---|---|
| 2026-07-31 | Listed for sale | $227,500 |
| 2013-08-10 | Listing removed | $134,900 |
| 2013-07-07 | Listed for sale | $134,900 |
| 2013-03-01 | Sold | $125,000 |
| 2013-02-28 | Pending sale | $132,000 |
| 2013-01-30 | Listed for sale | $132,000 |
| 2012-09-02 | Listing removed | $129,900 |
| 2012-08-03 | Price change | $129,900 |
| 2012-06-19 | Price change | $131,500 |
| 2012-04-28 | Listed for sale | $134,900 |
