Welcome to 791 Nevada Street! This spacious and extensively updated fourplex offers four 3-bedroom, 1-bathroom units, making it an excellent opportunity for investors or owner-occupants looking for a strong income-producing property with additional potential. One of the standout features of this property is the HUGE open unfinished space on the upper level, offering an exciting opportunity to expand the building into two additional apartments or one large unit, providing the potential to increase rental income and maximize the property’s value. Each unit has been thoughtfully updated with new flooring and fresh paint throughout, updated bathroom surrounds and vanity mirrors. Two units feature new bathroom vanities, while two units have new kitchen cabinets. Additional improvements include new appliances in two units, select new trim and lighting, and fresh landscaping in the front. For added convenience, each unit has its own designated washer and dryer space in the basement. All utilities are separately metered, with new electrical panels in each unit, new water lines, and new water meters. Outside, each unit offers its own deck area, providing tenants with a private space to relax or entertain. The property also features a fenced-in backyard, offering additional outdoor space and privacy. With extensive updates already completed, separate utilities, spacious 3-bedroom units, private decks, a fenced-in yard, and significant potential for additional units upstairs, and room to increase rental income, 791 Nevada Street is an opportunity you won’t want to miss. ...
+ Read More| Listing Id: | 155388 |
|---|---|
| List Price: | $495,500 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 7,608 |
| Waterfront?: | No |
| City: | Dubuque |
| County Or Parish: | Dubuque |
| Subdivision Name: | Lot 44 S M Langworthy's Add |
| Postal Code: | 52001 |
| Year Built: | 1920 |
| Number Of Units Total: | 4 |
| Above Grade Finished Area: | 5,072 |
| Appliances: | Refrigerator, Range, Washer, Dryer |
| Association Amenities: | Laundry |
| Basement: | true |
| Basement: | Full |
| Heating: | Forced Air |
| Elementary School: | Lincoln |
| State Or Province: | IA |
| High School: | Dubuque Senior |
| Cooling: | Window Unit(s) |
| Construction Materials: | Slate |
| Middle Or Junior School: | Washington Jr High |
| Foundation Details: | Other |
| Listing Contract Date: | 2026-08-04 |
| Parcel Number: | 1026237001 |
| Original List Price: | $525,000 |
| MLS Area Major: | Dubuque Area |
| Roof: | Composition |
| Zoning: | Residential |
| Levels: | Two |
| Insurance Expense: | $4,024 |
| Net Operating Income: | $46,042 |
| Owner Pays: | None |
| Listing Terms: | Cash, Private Financing Available |
| Tenant Pays: | Gas, Water, Electricity, Heat, Trash Collection |
| Possession: | Agreed |
| Other Parking: | On Street |
| Annual Gross Tax Amount: | $3,334 |
| Auction Yn: | No |
| Est Sq Ft Finished Lower: | 2,536 |
| Fuel Type: | Gas |
| Garage Type: | None |
| Year Gross: | $53,400 |
| Year Rents: | $53,400 |
| In Foreclosure: | No |
Listing Courtesy of: Red Tree Realty/REAL Broker, LLC
Listing Agent: A'undie Specht
563-451-4647
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East Central Iowa AOR data last updated on October 08, 2026 04:31 PM - CT.
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Property Last Updated: October 08, 2026 04:31 PM - CT
