This income-producing 12-unit apartment building offers a compelling opportunity for investors seeking stable cash flow and long-term value in the Iowa City market. Located on Aber Avenue, just minutes from shopping, dining, bus lines and interstate access, this property features updated interiors and an excellent track record of full occupancy. This property offers immediate cash flow and room for future upside. The location, straightforward mechanical systems, and tenant-paid utilities make it a practical and appealing option for both first-time multifamily buyers and experienced investors looking to add a stable asset to their portfolio.
For sale
$1,295,000
1601 Aber Ave, Iowa City, IA 52246
--beds
1baths
9,879sqft
Est.:
Multi Family, Residential
Built in 1983
-- sqft lot
$-- Zestimate®
$131/sqft
$-- HOA
What's special
Updated interiors
- 68 days
- on Zillow |
- 149 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 01:42pm
Listed by:
Teague Case 319-321-6824,
Westwinds Real Estate Services, Inc.
Source: Iowa City Area AOR,MLS#: 202503475

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Range Or Oven, Refrigerator, Microwave
Features
- Flooring: Carpet, Vinyl
- Basement: Concrete,Full,Daylight
- Has fireplace: No
Interior area
- Total structure area: 9,879
- Total interior livable area: 9,879 sqft
- Finished area above ground: 9,879
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Lot
- Size: 0.83 Acres
- Dimensions: 302 x 119
Details
- Parcel number: 1017492008
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Partial Brick, Brick, Frame
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Close To School, Near Shopping, Near Public Transport
- Subdivision: Bryn Mawr Heights Part 13
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $131/sqft
- Annual tax amount: $15,878
- Date on market: 5/27/2025
- Listing terms: Cash,Conventional
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