# 5 Woolf Ave, IowaCity, IA 52240

> **TL;DR:** residential multi family, $1,875,000 ($154/sqft), built 1958, 12,168 sqft. Est. $8,125/mo. Listed 127 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,875,000 |
| Price/sqft | $154 |
| Square Feet | 12,168 |
| Year Built | 1958 |
| Property Type | Residential Multi Family |
| Status | For Sale |
| Days on Market | 127 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $8,125 |
| **Total** | **$8,125** |

## Nearby Schools

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

## Property Highlights

- Built in 1958

## Description

### Agent Description
Two well-maintained brick buildings on 0.40 acres of land located directly across from the VA Hospital and just a short walk to the UI Dental College and UIHC. This prime campus-area location offers dependable rental demand and exceptional long-term redevelopment potential. Building 1 has 9 studio units with approx 500 SF. Building 2 has 8 charming 2 BR / 1 BA apartments, each approx 800 SF.  Both buildings have laundry rooms on site.  Plenty of off-street parking including garages.    Ideal as a stable income property with the added benefit of future high-end condo redevelopment in an irreplaceable Iowa City location close to hospitals, academics, transit & campus services.  Please allow 48 hours' notice for tenants.

## Location

- **Address:** 5 Woolf Ave, IowaCity, IA 52240
- **County:** Johnson
- **Neighborhood:** Ackermans
- **Coordinates:** 41.663573, -91.550044
- **Google Maps:** https://www.google.com/maps?q=41.663573,-91.550044

## Listing Agent

- **Name:** Jeff Edberg
- **Brokerage:** Lepic-Kroeger, REALTORS
- **Phone:** 3193316187
- **Email:** jeff@icrealestate.com

## Primary Photo

![5 Woolf Ave - Primary Photo](http://lh.rdcpix.com/f6c6165c1d53dd0a0446e5f3440fd433l-f1452750085r.jpg)

*49 total photos available on [listing page](https://www.propertysimple.com/listing/5-woolf-ave-iowacity-ia-52240-02507216)*

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**MLS#:** 202507216 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Iowa City 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/5-woolf-ave-iowacity-ia-52240-02507216)

---

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