Excellent investment opportunity! This well-maintained 6-unit apartment building is a fantastic addition to any investment portfolio. The property features two 2-bedroom units and four 1-bedroom units, all of which are currently fully rented, and have been generating an annual gross rental income of $52,872. Tenants are responsible for their own electric service, while the owner pays water, sewer, and exterior/common area electric. With stable occupancy, a solid rental history, and consistent cash flow, this income-producing property offers an excellent opportunity for both seasoned investors and those looking to expand their real estate portfolio. Don't miss your chance to own a well-performing multifamily property with reliable income and long-term investment potential!
18 days
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417
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19
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Zillow last checked:
Listing updated:
Listed by:
Rose Bowen-Conlon563-451-7588,
Keller Williams Legacy Group
Source: East Central Iowa AOR as distributed by MLS GRID,MLS#: 155072
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 6
Heating
Radiant
Cooling
Window Unit(s)
Appliances
Included: Refrigerator, Range
Features
Basement: Full
Interior area
Total interior livable area: 3,690 sqft
Finished area above ground: 3,690
Property
Parking
Parking features: Open
Has uncovered spaces: Yes
Details: On Street
Features
Levels: Two
Stories: 2
Details
Parcel number: 1013314026
Zoning: MR R3 M-residential
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick
Foundation: Rock
Roof: Composition
Condition
Year built: 1923
Community & HOA
Community
Subdivision: LOTS 1-4 & 2-1-5 KIENE &ALTMANS SUB
Location
Region: Dubuque
Financial & listing details
Price per square foot: $92/sqft
Tax assessed value: $170,000
Annual tax amount: $2,192
Date on market: 6/25/2026
Cumulative days on market: 19 days
Listing terms: Cash,Financing
Tenant pays: Electricity, Heat
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$840/mo
Price history
Date
Event
Price
6/25/2026
Listed for sale
$340,000+4.6%$92/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #155072Report a problem
9/5/2023
Listing removed
$325,000$88/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #147480Report a problem
7/25/2023
Price change
$325,000-7.1%$88/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #147480Report a problem
7/5/2023
Listed for sale
$350,000-2.8%$95/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #147480Report a problem
7/5/2023
Listing removed
$360,000$98/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #147093Report a problem
6/7/2023
Price change
$360,000-4%$98/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #147093Report a problem
5/18/2023
Price change
$375,000-6%$102/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #147093Report a problem
5/5/2023
Listed for sale
$399,000+56.5%$108/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #147093Report a problem
7/11/2022
Sold
$255,000-7.3%$69/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #144081Report a problem
3/12/2022
Pending sale
$275,000$75/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #144081Report a problem
2/7/2022
Listed for sale
$275,000+3.8%$75/sqft
Source: East Central Iowa AOR as distributed by MLS GRID #144081Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.