503 & 507 Rosemere Ln, Maquoketa, IA 52060

Excellent investment opportunity in the growing community of Maquoketa! 503, 505, 507, and 509 Rosemere Avenue are being offered together, featuring four 4-plex buildings for a total of 16 units across two separate parcels. Each unit offers 2 bedrooms and 1 bathroom, making this a strong addition to any investor’s portfolio with consistent rental demand and easy-to-manage layouts. Numerous capital improvements have already been completed, including all windows being updated within the past 10 years, all water heaters replaced, and 2 of the 4 buildings receiving new roofs. Tenants pay their own electric and baseboard heat, while the owner currently pays trash, water, and the electric for the common areas. Conveniently located approximately 30 miles from Dubuque, 40 miles from Davenport, and around 70 miles from the Iowa City area, this property provides access to multiple major employment and economic hubs while benefiting from the affordability and stability of a smaller market. A rare opportunity to acquire 16 multifamily units in one package with strong long-term investment potential.