# 29 Valley Avenue, Iowa City, IA 52240

> **TL;DR:** 2bd/1ba condo, $239,000 ($306/sqft), built 1984, 780 sqft. Est. $2,476/mo. Listed 62 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $239,000 |
| Price/sqft | $306 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 780 |
| Year Built | 1984 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 62 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,036 |
| HOA | $1,440 |
| **Total** | **$2,476** |

## Nearby Schools

- **Elementary:** Lincoln
- **Middle:** Southeast
- **High:** City

## Property Highlights

- Built in 1984

## Description

### Agent 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

## Location

- **Address:** 29 Valley Avenue, Iowa City, IA 52240
- **County:** Johnson
- **Coordinates:** 41.664567, -91.552688
- **Google Maps:** https://www.google.com/maps?q=41.664567,-91.552688

## Listing Agent

- **Name:** Karen Mathison
- **Brokerage:** Realty87
- **Phone:** (319) 367-8760
- **Email:** KarenMathison@realty87.com

## Primary Photo

![29 Valley Avenue - Primary Photo](http://lh.rdcpix.com/be16d0ec186e3f2d5ba4ac4c68c07b93l-f2887227340r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/29-valley-avenue-iowa-city-ia-52240-2602126)*

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**MLS#:** 2602126 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/29-valley-avenue-iowa-city-ia-52240-2602126)

---

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