29 Valley Avenue 6, Iowa City, IA 52240

• 2 beds |
• 1 bath |
• 780 sqft

Property Description

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

Listing Status:

Active

Date Added:

March 31, 2026

Data Last Updated:

April 1, 2026 at 7:17AM

Listing Office:

Realty87 : 319-378-8760

Listing Agent:

Karen Mathison : 319-378-8760

MLS ID:

2602126

Interior

• General: Upper Level Primary
• Appliances: DryerElectric Water HeaterDisposalRangeRefrigeratorWasher
• A/C: See RemarksWall/Window Unit(s)
• Heating: See RemarksElectric

Exterior

• Parking: GarageNoneOff StreetSee Remarks

Construction

• General: FrameWood Siding

Location

• HOA Amenities: 1440.0Annually
• Originating MLS: CDR_CDR
• County: Johnson

Lot

• Zoning: as per abstract1009289006

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CDR_CDR