Turnkey 4-plex investment opportunity featuring three very spacious residential units and one long-term commercial daycare tenant. This exceptionally maintained solid all-brick building offers solid cash flow and numerous upgrades, including tinted plate glass front windows in the commercial unit. Plus newer boilers and forced air and much more. Features include separate utilities (electric/gas), 3 porches, fenced yard, and 5-car off-street parking. Fully rented and ready for day one cash flow! Excellent investment!!
For sale
Price increase: $5K (7/15)
$329,500
1229-1233 Rhomberg Ave, Dubuque, IA 52001
9beds
4baths
5,152sqft
Quadruplex
Built in 1904
-- sqft lot
$318,400 Zestimate®
$64/sqft
$-- HOA
What's special
Fenced yardSolid all-brick buildingVery spacious residential units
- 110 days |
- 147 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Thomas Sitzmann 563-580-1415,
Realty Pros LTD.
Source: East Central Iowa AOR as distributed by MLS GRID,MLS#: 154544
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- Forced Air, Hot Water, Other
Cooling
- Central Air, Wall Unit(s)
Appliances
- Included: Refrigerator, Range
Features
- Basement: Full
Interior area
- Total interior livable area: 5,152 sqft
- Finished area above ground: 5,152
Property
Parking
- Details: Off Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1,705 Square Feet
- Dimensions: 25 x 137 & 25 x 137
Details
- Parcel number: 1118310010,1118310011
- Zoning: Residential, Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Rock
- Roof: Composition,Rubber
Condition
- Year built: 1904
Community & HOA
Community
- Subdivision: SW 1/2-LOT 55 MC CRANEY'S 1ST ADD-NE 1/2-LOT 55 MC
Location
- Region: Dubuque
Financial & listing details
- Price per square foot: $64/sqft
- Annual tax amount: $3,334
- Date on market: 5/4/2026
- Cumulative days on market: 105 days
- Listing terms: Cash,Financing
- Tenant pays: Gas, Electricity, Heat
Estimated market value
$318,400
$302,000 - $334,000
$724/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $329,500+1.5%$64/sqft |
Source:  East Central Iowa AOR as distributed by MLS GRID #154544 Report a problem | ||
| 5/4/2026 | Listed for sale | $324,500-7.3%$63/sqft |
Source: East Central Iowa AOR as distributed by MLS GRID #154544 Report a problem | ||
| 1/1/2026 | Listing removed | $350,000$68/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20250170 Report a problem | ||
| 1/14/2025 | Listed for sale | $350,000$68/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250170 Report a problem | ||
| 8/5/2024 | Listing removed | $350,000$68/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241653 Report a problem | ||
| 4/26/2024 | Listed for sale | $350,000$68/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241653 Report a problem | ||
| 3/1/2024 | Listing removed | -- |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20234520 Report a problem | ||
| 10/23/2023 | Listed for sale | $350,000$68/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20234520 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Eagle Point
Nearby schools
GreatSchools rating
- 4/10Audubon Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Thomas Jefferson Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Hempstead High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Marshall
- Middle: Jefferson Jr High
- High: Dubuque Senior
Source: East Central Iowa AOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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