$350,000

1735 Central Ave Dubuque, IA 52001

Estimated payment $2,120/month

Total Views 29,067
5 Beds
5 Baths
3,496 Sq Ft
$100 Price per Sq Ft

Highlights

  • Brick or Stone Mason
  • Hot Water Heating System
  • 3-minute walk to Jackson Park
  • Forced Air Heating and Cooling System

About This Home

Investor Alert! Fully rented mixed use brick income property with one commercial space and four residential apartments. This is a well maintained and updated property that any investor should be proud to own. Commercial space address is 1735 Central Ave. Apartments are (3) 1 Bedroom, (1) 2 Bedroom and addresses are 1736 Heeb St #1 and #2 and 1738 Heeb St. #1 and #2. There are 5 electrical services, 5 water meters, and 2 gas meters. Commercial tenant pays $950 month rent and all utilities and has gas forced air furnace and central air. Apartment rents are $850, $675, $800, $800 and tenants pay own electrical, water, sewer, and garbage. Owner pays residential units gas and heat which is served by a hot water boiler. There are washer and dryer hookups in the apartments, tall ceilings on all floors, and a full basement. New roof installed 2026. Free on street parking behind the building on Heeb St and on street metered parking in front.

Listing Agent

David Sandman

Remax Advantage License #IL Listed on: 09/11/2025

Remax Advantage

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 1888

Home Design

  • Brick or Stone Mason
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • No Garage
  • On-Street Parking

Schools

  • Prescott Elementary School
  • Washington Jr High Middle School
  • Dubuque Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Gas Available

Listing and Financial Details

  • The owner pays for gas

Community Details

Overview

  • 5 Units
  • S 38' Of Lot 5 Of City Lot 675 Subdivision

Building Details

  • Insurance Expense $3,054
  • Utility Expense $2,300
  • Operating Expense $8,022
  • Net Operating Income $40,878

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,668

Year Built

Built in 1888

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1888
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Lot Size: 1900 SF
  • Co List Office Mls Id: ECRREMAX
  • Subdivision Name: S 38' of Lot 5 of city lot 675
  • Above Grade Finished Sq Ft: 3496
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher
  • Basement: Full
  • Total Bedrooms: 5

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Foundation Details: Rock

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Hot Water

Schools

  • High School: Dubuque Senior
  • Elementary School: Prescott
  • Middle Or Junior School: Washington Jr High

Lot Info

  • Zoning: C-4

Rental Info

  • Owner Pays: Gas
  • Tenant Pays: Water, Electricity, Trash

Multi Family

  • Number Of Units Total: 5
  • Insurance Expense: 3054
  • Property Net Operating Income: 40878
  • Annual Operating Expense: 8022

Map

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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 $2,926 $216,000 $15,400 $200,600
2024 $2,668 $185,600 $13,700 $171,900
2023 $2,590 $185,600 $13,700 $171,900
2022 $2,594 $142,650 $13,680 $128,970
2021 $2,594 $142,650 $13,680 $128,970
2020 $2,954 $142,650 $13,680 $128,970
2019 $2,972 $142,650 $13,680 $128,970
2018 $3,058 $136,801 $12,002 $124,799
2017 $3,272 $136,801 $12,002 $124,799
2016 $3,346 $136,801 $12,002 $124,799
2015 -- $136,801 $12,002 $124,799
2014 $2,392 $129,940 $11,400 $118,540
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 For Sale $350,000 -- $100 / Sq Ft
Source: East Central Iowa Association of REALTORS®

Source: East Central Iowa Association of REALTORS®

MLS Number: ECR152979

East Central Iowa Association of REALTORS®

APN: 10-24-252-025

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