A great five unit investment opportunity is here! Located near Clarke University and Senior High School and includes off street parking. This property features a versatile mix of unit sizes, offering strong appeal to a variety of tenants. Building has newer water meters & water heaters and all utilities are Excellent potential for an investor looking to add a multifamily property to their portfolio. Schedule your showing today and take a closer look at all this property has to offer!
| Listing Id: | 155830 |
|---|---|
| List Price: | $280,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Apartment |
| Status: | Active |
| Living Area: | 3,764 |
| Waterfront?: | No |
| City: | Dubuque |
| County Or Parish: | Dubuque |
| Subdivision Name: | Lot 1-1-2-1 Smyths Sub |
| Postal Code: | 52001 |
| Year Built: | 1922 |
| Number Of Units Total: | 5 |
| Above Grade Finished Area: | 3,764 |
| Appliances: | Refrigerator, Range |
| Basement: | true |
| Basement: | Partial |
| Heating: | Other |
| Elementary School: | Irving |
| State Or Province: | IA |
| High School: | Dubuque Senior |
| Cooling: | None |
| Construction Materials: | Brick |
| Middle Or Junior School: | Washington Jr High |
| Foundation Details: | Rock |
| Listing Contract Date: | 2026-09-28 |
| Parcel Number: | 1023329019 & 1023329020 |
| Original List Price: | $280,000 |
| MLS Area Major: | Dubuque Area |
| Roof: | Flat |
| Zoning: | R1 |
| Levels: | Two |
| Operating Expense: | $8,801 |
| Insurance Expense: | $5,009 |
| Net Operating Income: | $36,139 |
| Lot Size Dimensions: | .27 acre |
| Owner Pays: | None |
| Listing Terms: | Cash, Private Financing Available |
| Tenant Pays: | Electricity, Heat, Trash Collection, Water |
| Possession: | Agreed |
| Other Parking: | Off Street |
| Annual Gross Tax Amount: | $3,792 |
| Auction Yn: | No |
| Fuel Type: | Electric |
| Garage Type: | None |
| Year Gross: | $44,940 |
| Year Rents: | $44,940 |
| In Foreclosure: | No |
Listing Courtesy of: Equity Real Estate Group LLC
Listing Agent: Team Dolter .
563-542-6829
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East Central Iowa AOR data last updated on October 08, 2026 04:31 PM - CT.
Based on information submitted to the MLS GRID as of October 08, 2026 04:31 PM - CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 04:31 PM - CT
