Don’t miss this fantastic opportunity to own a 2-bedroom, 1-bath condo in an unbeatable location—just steps from the University of Iowa campus and right next to Carver-Hawkeye Arena. Whether you're searching for a smart investment property or ready to stop renting and own your own place, this condo checks all the boxes.
Situated on the second level, this unit features an open-concept kitchen and living area, creating a comfortable and functional living space. Enjoy laminate flooring throughout, electric heat, and a window A/C unit.
All appliances are included, including a washer and dryer, making this a truly move-in-ready home. The property also comes with two dedicated parking spaces—a rare and valuable perk in this area.
The annual HOA fee of $1,440 covers lawn care, exterior building insurance and liability, as well as general exterior maintenance. The HOA also manages annual rental inspections and permit requirements, making this an excellent option for investors. Trash service is shared with the neighboring building.
The unit is currently tenant-occupied, with a lease in place through June 30th—offering immediate rental income potential. Current rent is 1,300 tenant pays all utilities
For sale
$239,000
29 Valley Ave APT 6, Iowa City, IA 52246
2beds
780sqft
Est.:
Condominium
Built in 1984
-- sqft lot
$183,300 Zestimate®
$306/sqft
$120/mo HOA
What's special
Two dedicated parking spacesLaminate flooring throughout
- 20 hours |
- 104 |
- 0 |
Zillow last checked: 9 hours ago
Listing updated: 19 hours ago
Listed by:
Karen Mathison 319-573-8106,
Realty87
Source: CRAAR, CDRMLS,MLS#: 2602126
Originating MLS: Cedar Rapids Area Association Of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Second
Heating
- See Remarks, Electric
Cooling
- See Remarks, Wall/Window Unit(s)
Appliances
- Included: Dryer, Electric Water Heater, Disposal, Range, Refrigerator, Washer
Features
- Upper Level Primary
- Has basement: No
Interior area
- Total interior livable area: 780 sqft
- Finished area above ground: 780
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage, None, Off Street, See Remarks
- Garage spaces: 2
Lot
- Size: 1,045.44 Square Feet
- Dimensions: .024
Details
- Parcel number: 1009289006
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Frame, Wood Siding
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $1,440 annually
Location
- Region: Iowa City
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $180,910
- Annual tax amount: $3,338
- Date on market: 3/31/2026
- Listing terms: Cash,Conventional
Estimated market value
$183,300
$169,000 - $198,000
$1,288/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $239,000+1.8%$306/sqft |
Source: | ||
| 6/27/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/16/2024 | Listed for rent | $1,200+4.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/9/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/12/2024 | Listed for sale | $234,750+84.8%$301/sqft |
Source: Owner Report a problem | ||
| 7/10/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/7/2022 | Price change | $1,150-14.8%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 5/18/2022 | Listed for rent | $1,350+5.5%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/27/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/7/2021 | Price change | $1,280-1.5%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/5/2021 | Listed for rent | $1,300$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/19/2008 | Sold | $127,000+15.5%$163/sqft |
Source: Public Record Report a problem | ||
| 2/5/2007 | Sold | $110,000$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,338 +1.3% | $180,910 +3.2% |
| 2024 | $3,297 -2.3% | $175,240 |
| 2023 | $3,376 +4.7% | $175,240 +12.5% |
| 2022 | $3,226 -2.4% | $155,750 |
| 2021 | $3,304 +1.8% | $155,750 +1.9% |
| 2020 | $3,244 +6.9% | $152,830 |
| 2019 | $3,034 | $152,830 +10.7% |
| 2018 | $3,034 +1.1% | $138,060 |
| 2017 | $3,002 +4.7% | $138,060 +5.9% |
| 2016 | $2,866 +2% | $130,380 |
| 2015 | $2,810 +15.2% | $130,380 +15.6% |
| 2014 | $2,440 | $112,800 |
| 2012 | -- | $112,800 |
| 2011 | -- | $112,800 +4.1% |
| 2009 | -- | $108,370 |
| 2008 | -- | $108,370 +28.7% |
| 2005 | $1,550 +2.6% | $84,210 |
| 2004 | $1,510 +6.3% | $84,210 +13.5% |
| 2003 | $1,420 +3.6% | $74,190 |
| 2002 | $1,370 +3.8% | $74,190 +3.7% |
| 2001 | $1,320 | $71,560 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,682/mo
Principal & interest
$1263
Property taxes
$299
HOA Fees
$120
More affordability tools
Climate risks
Neighborhood: 52246
Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: K-6Distance: 0.2 mi
- 5/10Southeast Junior High SchoolGrades: 7-8Distance: 3 mi
- 7/10Iowa City High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: Southeast
- High: City
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 52246
- Iowa
- Johnson County
- Iowa City
- 52246
- 29 Valley Ave Apartment 6







