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29 Valley Avenue 6, Iowa City, IA 52240

Johnson County

Key Facts

2Beds
1Baths
780Sq Ft
1984Year Built
2Garage

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 1,350 tenant pays all utilities

Property Information

Property Type

Residential

Sub-Type

Condominium

Year Built

1984

Living Area

780 sq ft

Lot Dimensions

.024

Garage Spaces

2

Days on Market

1

MLS® Listing#

2602126

Property Features

Appliances

DryerElectric Water HeaterDisposalRangeRefrigeratorWasher

Cooling

Window Unit(s)Wall/Window Unit(s)

Heating

See RemarksElectric

Parking

GarageNoneOff StreetSee Remarks

Construction

FrameWood Siding

Sewer

Public Sewer

Water Source

Public

Rooms

  • Second

Schools

Elementary:
Lincoln
Middle:
Southeast
High:
City

Financial Details

HOA

$1,440 / Annually

Annual Taxes

$3,338

Parcel Number

1009289006

Directions

Hwy 6 to Valley Ave

Affordability Calculator

$47,800

Estimated monthly payment

$1,272/mo

Principal $191,200 · Est. interest $266,741 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Iowa City, IA

$279,100
Median Listing Price
65
Median Days on Market
1,680
Median Sq Ft
$152
Median Price / Sq Ft
810
Active Listings
  • This home’s price is 14% below the area median.
  • Its price per sq ft is 101% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Iowa City, IA.

Location

  • 29 Valley Avenue 6, Iowa City, IA 52240

Points of Interest in Iowa City, IA

Showing the Iowa City area map.

Nearby Schools

  • Lincoln Elementary School

    Elementary · 0.2 mi away

  • Melrose Day Care Center

    Elementary · 0.6 mi away

  • University of Iowa Department of Cinematic Arts

    School · 0.8 mi away

  • Horn Elementary School

    Elementary · 1.1 mi away

  • Coralville Central Elementary

    Elementary · 1.3 mi away

  • Mann Elementary School

    Elementary · 1.4 mi away

  • West High School

    Secondary · 1.6 mi away

  • Bohumil Shimek Elementary School

    Elementary · 1.7 mi away

  • Longfellow Elementary School

    Elementary · 1.9 mi away

  • Northwest Junior High School

    Secondary · 2.1 mi away

  • Prince of Peace Christian Preschool

    School · 2.2 mi away

  • Kirkwood Elementary School

    Elementary · 2.2 mi away

  • Montessori School

    Elementary · 2.2 mi away

  • Mark Twain Elementary School

    Elementary · 2.4 mi away

  • Hillside Christian School

    Secondary · 2.4 mi away

  • Iowa City High School

    Secondary · 2.4 mi away

  • Iowa City Community School District

    School · 2.5 mi away

  • Regina Junior Senior High School

    Secondary · 2.5 mi away

  • Regina Elementary School

    Elementary · 2.5 mi away

  • Norman Borlaug Elementary School

    Elementary · 2.5 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Iowa City

Listing Courtesy: Realty87 - 3193788760

Presented by: Karen Mathison

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids 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. Copyright ©2026 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CedarRapidsAreaAssociationOfRealtors. MLS® Listing#2602126. © 2026EXIT Realty®. All rights reserved.