Attention investors and house-hackers! This large, well-maintained two-story duplex is a turnkey property, boasting a stellar cap rate at almost 9% and right at the 1% rule. 2 units are curently rented with bonus 3rd unit in the attic (1 bed, 1 bath). While not currently zoned by the city as a traditional triplex, this bonus space presents an incredible opportunity to maximize your returns as a high-yielding Airbnb/short-term rental or to serve as the ultimate owner’s quarters. Don't miss this rare chance to acquire timeless historic charm; the perfect choice to launch your very first investment or add a powerhouse asset to your growing real estate portfolio.
For sale
Price cut: $10K (7/23)
$255,000
703 Caledonia Pl, Dubuque, IA 52001
6beds
4baths
3,788sqft
Duplex
Built in 1911
-- sqft lot
$243,400 Zestimate®
$67/sqft
$-- HOA
What's special
Large well-maintained two-story duplexTimeless historic charm
- 45 days |
- 362 |
- 33 |
Zillow last checked:
Listing updated:
Listed by:
Hunter Lisk 608-642-2235,
Ruhl & Ruhl Realtors
Source: East Central Iowa AOR as distributed by MLS GRID,MLS#: 155154
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Range
Features
- Basement: Full
Interior area
- Total interior livable area: 3,788 sqft
- Finished area above ground: 3,788
Property
Parking
- Parking features: Other
- Has uncovered spaces: Yes
- Details: On Street
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 1025132041
- Zoning: R-2A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood
- Foundation: Rock
- Roof: Composition
Condition
- Year built: 1911
Community & HOA
Community
- Subdivision: LOT 1-2 (EXC W 127.5') OF SUB OF S 1/3 OF 34 & ALL
HOA
- Has HOA: Yes
- Amenities included: Smoke Detectors
Location
- Region: Dubuque
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $95,580
- Annual tax amount: $2,224
- Date on market: 7/7/2026
- Cumulative days on market: 46 days
- Listing terms: Cash,Financing
- Tenant pays: Gas, Water, Electricity, Heat, Trash Collection
Estimated market value
$243,400
$231,000 - $256,000
$1,239/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $255,000-3.8%$67/sqft |
Source:  East Central Iowa AOR as distributed by MLS GRID #155154 Report a problem | ||
| 7/7/2026 | Listed for sale | $265,000+23.3%$70/sqft |
Source: East Central Iowa AOR as distributed by MLS GRID #155154 Report a problem | ||
| 11/20/2024 | Sold | $215,000$57/sqft |
Source: East Central Iowa AOR as distributed by MLS GRID #149796 Report a problem | ||
| 10/16/2024 | Pending sale | $215,000$57/sqft |
Source: East Central Iowa AOR as distributed by MLS GRID #149796 Report a problem | ||
| 7/10/2024 | Listed for sale | $215,000+85.3%$57/sqft |
Source: East Central Iowa AOR as distributed by MLS GRID #149796 Report a problem | ||
| 12/30/2017 | Sold | $116,000$31/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2014 | $1,558 +5.7% | $95,580 |
| 2013 | $1,474 +0.3% | $95,580 +4% |
| 2012 | $1,470 -0.5% | $91,900 |
| 2011 | $1,478 +11% | $91,900 |
| 2009 | $1,332 +4.4% | $91,900 |
| 2008 | $1,276 +7.2% | $91,900 |
| 2007 | $1,190 +2.8% | $91,900 +9.8% |
| 2006 | $1,158 -0.7% | $83,700 |
| 2005 | $1,166 +173.7% | $83,700 +26.3% |
| 2002 | $426 | $66,250 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hilltop/Ivy League
Nearby schools
GreatSchools rating
- 3/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10George Washington Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10Dubuque Senior High SchoolGrades: 9-12Distance: 1.1 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
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