Brad Cole

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1123 E Washington StIowa City, IA 52245

Multi-Family
$300,000 Active

1123 E Washington St Overview

Time on Site:
145 days
Visits:
37

IOWA CITY INVESTMENT OPPORTUNITY Ideally located 2-unit home near Downtown and UI Campus. Features up/down units with hardwood flooring and a strong rental history. Includes rare off-street parking plus street access. Perfect for investors seeking stability and upside in a premier rental market. Act fast—properties this close to campus are rarely available!*24 hour notice to show

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1123 E Washington St Facts & Features

  • Type Multi-Family

Details

General

Association/HOA

  • Association Fee: 0
  • Association Fee Includes: None

School Information

  • Elementary School: Mann
  • Middle Or Junior School: Southeast
  • High School: City

Income/Expenses

  • Gross Income: 33653.47

Building Information

  • New Construction: No
  • Year Built: 1930

Location/Region

  • County Or Parish: Johnson
  • MLS Area Major: Iowa City
  • Subdivision Name: CLARK & BORLANDS ADDITION

Community/Development

  • Community Features: Street Lights,Close to School,Close to Shopping

Tax Information

  • Tax Year: 2024

General Information

  • Property Sub Type: Multi-Family
  • Property Type: MULTI-FAMILY
  • Zoning: Residential

Interior

Building Interior

  • Above Grade Finished Area: 2424

General Information

  • Appliances: Dishwasher,Range/Oven,Refrigerator,Microwave
  • Basement: Finished,Daylight Windows
  • Fireplaces Total: 0

Exterior

Parking Information

  • Parking Total: 3 Car

Lot Information

  • Lot Size Dimensions: 100 x 80

General Information

  • Number Of Units Total: 2

1123 E Washington St Neighborhood

Community

52245 (IOWA CITY) Demographics

28
Median Age
3,062
Population Density (per sq. mile)
71%
College Educated
$62,847
Estimated Median Income
5,997
Estimated Total Home Owners
3,919
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1123 E Washington St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1123 E Washington St Market Data

Based on the last 30 days in this zip code

$425,388
Average List Price
$198
Average Price per Square Foot
47
Properties Sold
68
Average Days on Market
135
Properties for Sale
Calculations provided by Reliance Network

1123 E Washington St History

Date Event Value Agent
4/11/2026Source: Iowa City MLS Price Reduction
$300,000 -4.8%
2/11/2026Source: Iowa City MLS Status Change
Active
2/4/2026Source: Iowa City MLS Added to Database
February 04, 2026
Listing provided courtesy of Urban Acres Real Estate- MLS# 202600977MLS Provider