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Sold for $220,000
  • $220,000

    1551 Bluff St, Dubuque, IA 52001

    11beds
    5baths
    4,866sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $224,700 Zestimate®
    $45/sqft
    $875 Estimated rent

    Home value

    $224,700

    $204,000 - $247,000

    $875/mo

    Zestimate® history
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    $875/mo

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    $875/mo

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    $1,502/mo

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    $1,502/mo

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    What's special

    Attention investors! This 5-unit apartment building presents a unique opportunity to generate significant rental income with some final touches. Located in a desirable area, this property offers great potential for the right buyer to maximize its value. Property Details: Unit 1: 3 bedrooms, 1 bathroom Rent: $950 per month Tenants pay all utilities Landlord covers taxes and insurance Long-term tenant in place, ensuring immediate income Units 2-5: All units have been demoed and are ready for renovation Opportunity to customize and finish these units according to your vision Building Features: Potential: Transform vacant units into modern, appealing rentals, significantly increasing your rental income. Location: Situated in a convenient, sought-after neighborhood with access to schools, shopping, public transportation, and more. Structure: Solid building with a strong foundation, offering a great canvas for your renovation plans. Investment Highlights: Income Potential: With Unit 1 already rented and providing steady income, you can focus on upgrading the remaining units to boost overall rental revenue. Customization: Finish Units 2-5 as you see fit, tailoring them to attract quality tenants and maximize returns. Long-Term Growth: As the area continues to develop, property values are expected to rise, making this an ideal long-term investment. Don’t miss out on this exceptional opportunity to invest in a property with enormous upside potential. Whether you’re an experienced investor or looking to expand your portfolio, this apartment building is a smart choice. Seller prefers to sell this property along with 1499 & 1571 Bluff.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Vaupel 605-281-0261,

    EXIT Realty Fireside

    Bought with:

    Outside MLS

    UNKNOWN OFFICE

    Source: East Central Iowa AOR as distributed by MLS GRID,MLS#: 149445MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 5
    Heating
    • Other
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Range
    Features
    • Basement: Full
    Interior area
    • Total interior livable area: 4,866 sqft
    • Finished area above ground: 3,244

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    • Details: On Street
    Features
    • Levels: Two
    • Stories: 2
    Details
    • Parcel number: 1024329040
    • Zoning: M

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Other
    • Roof: Flat
    Condition
    • Year built: 1880

    Community & neighborhood

    Location
    • Region: Dubuque
    • Subdivision: E 80' LOT 6 COOLEYS SUB

    Other

    Other facts
    • Listing terms: Cash,Financing

    Price history

    DateEventPrice
    1/13/2025Sold$220,000-4.3%$45/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    1/10/2025Pending sale$230,000$47/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    1/10/2025Listed for sale$230,000$47/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    11/19/2024Listing removed$230,000$47/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    11/18/2024Pending sale$230,000$47/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    8/27/2024Price change$230,000-13.5%$47/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    8/8/2024Listed for sale$266,000$55/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    7/13/2024Pending sale$266,000$55/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    5/17/2024Listed for sale$266,000+38.2%$55/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #149445 Report a problem
    1/20/2022Sold$192,500-2.5%$40/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #143793 Report a problem
    11/30/2021Pending sale$197,500$41/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #143793 Report a problem
    11/30/2021Listed for sale$197,500$41/sqft
    Source: East Central Iowa AOR as distributed by MLS GRID #143793 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lincoln
    • Middle: Washington 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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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $224,700
    2% more
    +$4,494
    With Zillow Showcase(estimated)
    $229,194