1251 Walnut St Dubuque, IA 52001
Estimated payment $1,413/month
About This Home
LISTEN UP INVESTORS..... 1251 Walnut St is an excellent turn-key investment opportunity in a prime location! This up/down duplex features two spacious units, each offering 3 bedrooms, 1 full bath, and laundry in each unit making it highly desirable for tenants. Both units have been well maintained and consistently rented, with current rents reflecting strong, fair market value. Investors will appreciate the simplicity of ownership, with taxes, insurance, and lawn care as the primary expenses. Each unit offers both front and back entrances, along with enclosed porches that add extra charm and functional space for tenants to enjoy. The property also presents an opportunity to add off-street parking, creating even more value and appeal down the road. Perfectly situated with great views of downtown and Loras College, and conveniently located near hospitals and other area colleges. This property continues to attract reliable tenants year after year. Whether you’re looking to expand your portfolio or step into investment property ownership, this duplex is a solid, income-producing opportunity you won’t want to miss! Call your favorite realtor today. 24 hour notice to show.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1896
Interior Spaces
- 2,084 Sq Ft Home
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Additional Features
- Lot Dimensions are 50x150
- Forced Air Heating and Cooling System
Community Details
- 2 Units
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,340 | $177,000 | $30,800 | $146,200 |
| 2024 | $2,340 | $162,700 | $29,400 | $133,300 |
| 2023 | $2,914 | $208,700 | $29,400 | $179,300 |
| 2022 | $2,550 | $154,140 | $28,000 | $126,140 |
| 2021 | $2,550 | $154,140 | $28,000 | $126,140 |
| 2020 | $2,524 | $141,870 | $28,000 | $113,870 |
| 2019 | $2,494 | $141,870 | $28,000 | $113,870 |
| 2018 | $2,456 | $134,110 | $25,200 | $108,910 |
| 2017 | $2,272 | $134,110 | $25,200 | $108,910 |
| 2016 | $1,998 | $117,660 | $25,200 | $92,460 |
| 2015 | $1,998 | $105,560 | $25,200 | $80,360 |
| 2014 | $1,942 | $105,560 | $25,200 | $80,360 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/22/2026 04/22/26 | For Sale | $229,900 | +40.2% | $110 / Sq Ft | |
| 10/21/2021 10/21/21 | Sold | $164,000 | -3.0% | $52 / Sq Ft | View Prior Sale |
| 09/12/2021 09/12/21 | Pending | -- | -- | -- | |
| 09/03/2021 09/03/21 | For Sale | $169,000 | -- | $54 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $169,500 | None Listed On Document | |
| Warranty Deed | $164,000 | None Available | |
| Warranty Deed | $134,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,000 | New Conventional | |
| Closed | $0 | Construction |
Source: East Central Iowa Association of REALTORS®
MLS Number: ECR154439
APN: 10-24-354-020
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Listings courtesy of East Central Iowa Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.