NOT LISTED FOR SALE

1005 Locust St Dubuque, IA 52001

-- Bed
-- Bath
5,799 Sq Ft
1898 Built

Last Sold February 16, 2024

Last sale price $385,000 $66 Per Sq Ft

179 Days on Market

Highlights

  • Central Air
  • Heating System Uses Steam
  • 3-minute walk to Washington Park

About This Home

As of February 2024

This gorgeous apartment building is filled with character inside and out. It hosts 7 various apartments and an attractive office. The NOI is $32,780 and CAP is 7.28%. Updates include creating 2 basement units; 2018 new boiler with automatic fresh air inlet, lined and tuckpointed chimney, new Dorothy door in back/cellar, new radiator valves throughout the building, new water heater; 2017 all new windows, scraped and painted exterior decks, new French doors in 2nd floor balcony, new side porch. When sellers purchased the building, they were told the roof was new in 2014. This property has been lead based paint abated.

Last Agent to Sell the Property

Susan Swift

Ruhl & Ruhl Realtors Listed on: 07/21/2023

Ruhl & Ruhl Realtors

Last Buyer's Agent

Sara Oglesby

Key City Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Composition Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Range
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Steam
  • Gas Available

Listing and Financial Details

  • The owner pays for electric, gas, heat, trash, water
  • Assessor Parcel Number 1024458009

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $2,300
  • Maintenance Expense $3,500
  • Utility Expense $17,085
  • Real Estate Tax Expense $4,470
  • Net Operating Income $32,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: 5 Or More Units
  • Year Built: 1898
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Disposal, Refrigerator, Range, Washer
  • Estimated Total Above Ground Sq Ft: 5799
  • Estimated Finished Sq Ft: 5799
  • Estimated Sq Ft: 5799
  • Estimated Main Sq Ft: 2274
  • Estimated Upper Sq Ft: 3525
  • Basement: Full

Exterior Features

  • Foundation: Rock
  • Roof: Asp/Composite Shingle
  • Siding: Brick

Garage/Parking

  • Garage Feature: No Features
  • Parking: Off Street

Utilities

  • Fuel Type: Gas
  • Heat Type: Steam

Condo/Co-op/Association

  • Amenities: Smoke Detectors

Schools

  • Middle School: Washington Jr High
  • High School: Dubuque Senior

Lot Info

  • Lot Size: 4,452 sq ft
  • Parcel Id Number: 1024458009
  • Zoning: R3

Rental Info

  • Owner Pays: Electric, Gas, Heat, Trash, Water

Multi Family

  • Number Of Units: 7

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $385,000 -3.5% $66 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $399,000 -5.0% $69 / Sq Ft
10/04/2023 10/04/23 Price Changed $420,000 -6.7% $72 / Sq Ft
07/21/2023 07/21/23 For Sale $450,000 +119.5% $78 / Sq Ft
03/27/2014 03/27/14 Sold $205,000 -6.8% $35 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $219,900 -- $38 / Sq Ft
Source: East Central Iowa Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: 147608

East Central Iowa Association of REALTORS®