230 S Dodge St, Iowa City, IA, 52240
About This Home
Charming up/down duplex investment opportunity just blocks from the University of Iowa and downtown Iowa City. Built in 1900, this classic 2-unit property (2,557 SF) sits on a 0.165-acre lot in one of Iowa's most established rental markets. Proforma NOI of $37,567 on a 6.01% cap rate. Walkable to campus, UI Health Care, City Park, and the Pedestrian Mall district. Strong, consistent rental demand from students, faculty, and healthcare professionals.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Construction materials: Aluminum Siding,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full
Heating & Cooling
- Heating features: Electric,Gas
- Cooling features: Central Air
Interior Area
- Total interior livable area: 2,557 sqft
Property
Details
- Parcel number: 1010483006
- Zoning: Res
- Zoning description: Res
Lot
- Lot size: 7,187 sqft
- Lot size dimensions: 7200
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
- Cold Wave
- Strong Wind
- Tornado
- Hail
- Heat Wave
- Lightning
- 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 | $3,160 | $37,920 |
| Home Insurance * | $328 | $3,936 |
| Property Taxes | $947 | $11,364 |
| Electricity | $190 | $2,288 |
| Total | $4,625 | $55,500 |
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 |
|---|---|---|
| 2026-07-13 | Listed for sale | $625,000 |
| 2026-06-03 | Price change | $4,000 |
| 2026-05-06 | Price change | $4,600 |
| 2026-03-23 | Price change | $4,750 |
| 2026-01-22 | Price change | $4,800 |
| 2025-11-26 | Price change | $5,000 |
| 2025-11-05 | Price change | $5,300 |
| 2025-04-09 | Price change | $4,600 |
| 2025-01-30 | Price change | $4,800 |
| 2025-01-10 | Price change | $5,000 |
| 2024-01-09 | Listed for rent | $623 |
| 2023-10-10 | Listing removed | -- |
| 2023-10-04 | Listed for rent | $5,175 |
| 2022-11-17 | Listing removed | -- |
| 2022-10-11 | Listed for rent | $4,980 |
| 2021-11-02 | Listing removed | -- |
| 2021-10-19 | Listed for rent | $4,900 |
| 2021-02-27 | Listing removed | -- |
| 2020-11-16 | Listing removed | $4,800 |
| 2020-11-12 | Listed for rent | $4,800 |
| 2018-11-12 | Listing removed | $4,700 |
| 2018-10-29 | Price change | $4,700 |
| 2018-10-25 | Listed for rent | $4,800 |
| 2018-10-16 | Listing removed | $580,000 |
| 2018-07-21 | Listed for sale | $580,000 |
| 2009-10-21 | Sold | $180,000 |
For Sale by Agent
View on Zillow