302 E Bloomington, IowaCity, IA 52240

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For Sale

^$5,000,000

Estimated Payment

^$ 28,868 /mo. ^†

6.76% APR for 30 yrs.
$34,768 in taxes
Change Loan Terms

CENTURY 21 Signature Real Estate

1641 Boyson Square Drive Suite 100 Hiawatha, IA 52233
Phone: (515) 639-9787

Multi-Family (2-4 Units)
Property type
Over 50 Years Old
Age

Explore this Property

OUTSTANDING opportunity to own an iconic incomer/business property in NEAR NORTHSIDE Neighborhood of Iowa CIty. 2 long time commercial tenants, and 16 apartments. Always fully rented. Downtown location as Near North Side. PIZZA and LAUNDROMAT are Tenants and are NOT CLOSING!!! ** This property has recently been added to the Iowa CIty Historical list. A 'Historical Overlay' is now in place. This affords several avenues for TAX CREDITS and RE-HAB FUNDING in the event a new owner were to pursue.

MLS# 202304995

Courtesy Of RE/MAX Affiliates

(319) 333-1213

Property Features

Age

Over 50 Years Old
Appliances

Oven, Range, Refrigerator
Architecture Style

Other
Cooling System

Central A/C
Exterior Type

Block, Brick, Concrete, Stone
Floor Covering

Carpet, Tile
Heating System

Steam

Map and Directions

Directions to 302 E Bloomington, IowaCity, IA 52240

Home seller CENTURY 21 Signature Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Signature Real Estate

(515) 639-9787

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Mortgage Calculator

Purchase Price

Down Payment

$ %

Loan Term

15 year 20 year 30 year

Interest Rate

Monthly Payment Breakdown

Principle and Interest
$25,971
Property Taxes
$2,897
Hazard Insurance
$0
Private Mortgage Insurance
$0
HOA Dues
$0
Total Monthly Payment:
$28,868

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Horace Mann Elementary School

Grades PK-6 Public School

Iowa City, IA 52245 0.3 miles
521 n dodge st

237 total students
14:1 Student teacher ratio

School Rating: B-

School Details

South East Junior High School

Grades 7-8 Public School

Iowa City, IA 52240 2.1 miles
2501 bradford dr

816 total students
16:1 Student teacher ratio

School Rating: D+

School Details

City High School

Grades 9-12 Public School

Iowa City, IA 52245 1.4 miles
1900 morningside dr

1572 total students
15:1 Student teacher ratio

School Rating: B+

School Details

Other Nearby Schools	Distance	Type	Grades	School Rating
Longfellow Elementary School	1 miles	Public	KG-6	C+
Bohumil Shimek Elementary School	1.1 miles	Public	PK-6	B+
Lincoln Elementary School	1.1 miles	Public	KG-6	B+
Regina Catholic Education Center	1.4 miles	Private	PK-12
Regina Catholic Education Center	1.4 miles	Private	PK-12

Mark Twain Elementary School	1.7 miles	Public	PK-6	D
Faith Academy	1.8 miles	Private	KG-6
Ernest Horn Elementary School	1.9 miles	Public	PK-6	D+
Elizabeth Tate Alternative High School	2 miles	Public	9-12	D-
Willowwind School	2.2 miles	Private	PK-6
Robert Lucas Elementary School	2.2 miles	Public	PK-6	C
Helen Lemme Elementary School	2.3 miles	Public	KG-6	B
Coralville Central Elementary School	2.3 miles	Public	PK-6	D-
Grant Wood Elementary School	2.4 miles	Public	KG-6	D
West High School	2.7 miles	Public	9-12	B+
Montessori School Of Iowa City	2.9 miles	Private	PK-2
Northwest Junior High School	3 miles	Public	7-8	C

Longfellow Elementary School

Distance: 1 miles

Type Public

Grades: KG-6

C+

Bohumil Shimek Elementary School

Distance: 1.1 miles

Type Public

Grades: PK-6

B+

Lincoln Elementary School

Distance: 1.1 miles

Type Public

Grades: KG-6

B+

Regina Catholic Education Center

Distance: 1.4 miles

Type Private

Grades: PK-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for IowaCity, IA 52240

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IowaCity, IA 52240

This community’s employment is highest in the administrative support and healthcare practitioners industries. The area’s overall household expenses are above the national average.

86° July

Hottest Average Month

12° January

Coldest Average Month

18,196 Total Households in Area

2.7% Increase in population since the year 2010

21.5%

of households
have children

18 minutes

Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for IowaCity, IA 52240

IowaCity, IA 52240 has a population of 41,666 people in 18,196 households with a median age of 32.7 years old.

2.7%

Increase in population
since the year 2010

Population is Trending up

16,913

Total households as of 2010

10.2%

projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 32.7 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White	71%
Black	11%
Hispanic	10%
Asian	5%
Other	5%
Native American	<1%

The most prevalent ethnicity is White at 71%, followed by Black at 11%, Hispanic at 10%, and Asian at 5%.

Economics
for IowaCity, IA 52240

276 /sq mi

Population Density

$63,265 /yr

Median Household Income

$250,000

Median Sales Price

18 min

Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.64% of the households.

Transportation to Work

Drive 75%
Walk or Bike 14%
Work from Home 8%
Public Transit 4%

Occupancy by Type

Owned	9,994	51%
Rented	8,202	42%
Vacant	1,443	7%

White vs Blue Collar Jobs

White Collar	81%
Blue Collar	19%

Family & Education Facts
for IowaCity, IA 52240

32.7 Median Age

Average Household Size

2.2

persons per
household

39%

Married Households

Community Population By Education

Bachelors Degree	29%
Graduate Degree	20%
Some College	18%
High School Graduate	18%
Associates Degree	10%
Some High School	5%

Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 28.63% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)

21.5% of households have children

Weather
for IowaCity, IA 52240

The weather for this area ranges from a high of 86° F in July to a low of 12° F in January

86° July

Hottest Average Month

12° January

Coldest Average Month

Average Temperature by Month

Low (°F)

High (°F)

Jan

12°

30°

Feb

16°

34°

Mar

27°

47°

Apr

39°

62°

May

50°

73°

Jun

59°

82°

Jul

64°

86°

Aug

61°

84°

Sep

53°

77°

Oct

42°

65°

Nov

29°

48°

Dec

18°

34°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about IowaCity, IA 52240!
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An Equal Opportunity Company

Copyright © 2025 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. Information being provided is 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 being provided is 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.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

302 E Bloomington, IowaCity, IA 52240

$5,000,000

$ 28,868 /mo. †

Explore this Property

Property Features

Map and Directions

Home seller CENTURY 21 Signature Real Estate

CENTURY 21 Signature Real Estate

Mortgage Calculator

Monthly Payment Breakdown

Schools

Horace Mann Elementary School

South East Junior High School

City High School

Local area information for IowaCity, IA 52240

IowaCity, IA 52240

Household Expenses vs National Average

Demographic facts for IowaCity, IA 52240

Community Population By Age

Community Population By Ethnicity

Economics for IowaCity, IA 52240

Household Expenses vs National Average

Household by Income

Transportation to Work

Occupancy by Type

White vs Blue Collar Jobs

Family & Education Facts for IowaCity, IA 52240

Average Household Size

Community Population By Education

Household Family Expenses vs National Average

Weather for IowaCity, IA 52240

Average Temperature by Month

Precipitation

302 E Bloomington IowaCity , IA 52240

CENTURY 21 Signature Real Estate

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CENTURY 21 Signature Real Estate

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CENTURY 21 Signature Real Estate

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^$5,000,000

^$ 28,868 /mo. ^†

Demographic facts
for IowaCity, IA 52240

Economics
for IowaCity, IA 52240

Family & Education Facts
for IowaCity, IA 52240

Weather
for IowaCity, IA 52240

302 E Bloomington
IowaCity , IA 52240