Sold
Last Sold Price
3,360 sqft
1004 Newton Road, Iowa City, IA 52246
Multi FamilyProperty Type
0.21 acresLot Size
$387/sq ftPrice per sq ft
4 carsParking Spaces

Description

Unique property for sale! Tailgaters dream! Assoc. DOCS has full info. - Located within walking distance to Carver and Kinnick. Corner lot with parking. 3 stall garages have been used in the past for game day events by the Owners and has a restroom. SALE INCLUDES 1004 NEWTON ROAD & 7 VALLEY AVE which are one parcel. 1004 Newton Road is a 2-story home with 4 rental units at $450/mo. each for $1,800 or $21,600 Annually. Tenants pay all Utilities. Annual Insurance is approx. $1,500. New roof in 2015....Unique property for sale! Tailgaters dream! Assoc. DOCS has full info. - Located within walking distance to Carver and Kinnick. Corner lot with parking. 3 stall garages have been used in the past for game day events by the Owners and has a restroom. SALE INCLUDES 1004 NEWTON ROAD & 7 VALLEY AVE which are one parcel. 1004 Newton Road is a 2-story home with 4 rental units at $450/mo. each for $1,800 or $21,600 Annually. Tenants pay all Utilities. Annual Insurance is approx. $1,500. New roof in 2015. 7 Valley Ave is 4 rental units above a 3-stall garage, built in 1985 and rent for $650-$675 /mo. each, total of $2,675, or $32,100 Annually. Annual Insurance is approx. $2,500. Landlord provides: Water/Sewer/Garbage with a monthly Average of $133 or $1,596 Annually.
  • Listed by: Karla Davis 319.981.0890 karlardavis@gmail.com • GATEWAY ACCESS REALTY
  • Listed by: Chris Eden 319.631.3865 chrisedenrealestate@gmail.com • GATEWAY ACCESS REALTY
Listing closed: 07/08/2025 12:00 AM • Source: Iowa City Area AOR, MLS#: 202503298

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Recent comparable sales

Median sold price

$629,500

Avg days on market

87

Sale-to-list ratio

95.7%

Iowa City, IA

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Location

Listing Courtesy of GATEWAY ACCESS REALTY

Sold By GATEWAY ACCESS REALTY

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$7,471 per month

30 year fixed, 6.71% Interest

Principal and Interest

$6,718

Property Taxes

$753

HOA Dues

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Property Information for 1004 Newton Road

Property Details
  • Taxes: $9,035 / year
  • MLS Type: Residential / Multi Family
  • Architectural Style: Two Stories
  • Zoning: MF
Building Information
  • Stories: 2
  • Residences: 8
  • Lot Size: 0.21 AC / 8,991 SF
Summary
Location and General Information
  • Directions: Hwy 6 E to South on Valley Ave - property on corner of Valley Ave & Newton Road
  • Latitude: 41.663993
  • Longitude: -91.552544
  • MLS Area Major: Iowa City
Taxes and HOA
  • Association Fee Frequency: Annually
  • Association: No
  • Parcel Number: 1009290013
  • Tax Annual Amount: $9,034.94
  • Tax Year: 2023
School Information
  • Elementary School: Lincoln
  • High School: City
  • Middle Or Junior School: Southeast
Parking
  • Attached Garage: Yes
  • Parking Features: Off Street, Attached
  • Parking Total: 4.0
Property
Lot Information
  • Lot Size Dimensions: 8, 991 sq ft
Property and Assessments
  • Above Grade Finished Area: 3360.0
  • Living Area: 3360.0
  • Property Sub Type: Multi Family
  • Property Type: Residential
Building Features
  • Construction Materials: Vinyl Siding, Wood Siding, Frame
  • Total Stories: 2
Green Features
  • Green Verification: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks, Street Lights
Interior Features
  • Appliances: Refrigerator
  • Basement: Unfinished
  • Has Basement: Yes
  • Heating: Forced Air, Steam
  • Has Heating: Yes
  • Flooring: Carpet, Vinyl
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Gross Income: $53,700
Unit Information
Unit 1
  • Description: Half bath count: 0. 3/4 bath count: 0.
Unit 2
  • Description: Half bath count: 0. 3/4 bath count: 0.
Unit 3
  • Description: Half bath count: 0. 3/4 bath count: 0.
Unit 4
  • Description: Half bath count: 0. 3/4 bath count: 0.

Property History for 1004 Newton Road

DateEvent & SourcePriceAppreciation
Jul 8, 2025

Sold

Iowa City Area AOR #202503298

$1,300,000
Jul 7, 2025

Contract Signed

Iowa City Area AOR #202503298

May 21, 2025

Contract Out

Iowa City Area AOR #202503298

DateEvent & SourcePrice
07/08/2025

Sold

Iowa City Area AOR #202503298

$1,300,000
07/07/2025

Contract Signed

Iowa City Area AOR #202503298

05/21/2025

Contract Out

Iowa City Area AOR #202503298

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1004 Newton Road

This home is within Iowa City Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Lincoln Elementary School
PublicPK to 5

Southeast Junior High School
Public6 to 8

Iowa City High School
Public9 to 12

ICCSD PK-12 Online Learning Program
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GATEWAY ACCESS REALTY

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Iowa City Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. The data is provided from an authorized source. Copyright © 2026 Iowa City Area Association of REALTORS®. All Rights Reserved.