$137,800
PENDING $7K PRICE DROP

2541 Central Ave Dubuque, IA 52001

Estimated payment $866/month

Total Views 41,852
-- Bed
-- Bath
3,000 Sq Ft
$46 Price per Sq Ft

About This Home

Ready to expand your investment portfolio? Look no further than 2541 Central Avenue! This commercial and residential property, formerly a pharmacy, is waiting for its next owner. The two 1 bedroom apartments on the second level will be sure to bring additional income once renovated, making this a great investment opportunity! Property also has its own parking lot, adding valuable off street parking for customers and tenants. All income is projected.

Listing Agent

Rose Bowen

Keller Williams Legacy Group Listed on: 06/30/2025

Keller Williams Legacy Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,582

Year Built

  • Built in 1900

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Composition Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gas Available

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,000
  • Utility Expense $1,000
  • Real Estate Tax Expense $1,536
  • Net Operating Income $27,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,582

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Duplex
  • Year Built: 1900
  • Lvt Date: 06/30/2025
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Total Above Ground Sq Ft: 3000
  • Estimated Finished Sq Ft: 3000
  • Estimated Sq Ft: 3000
  • Estimated Main Sq Ft: 1500
  • Estimated Upper Sq Ft: 1500
  • Basement: Full

Exterior Features

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

Garage/Parking

  • Parking: Off Street

Utilities

  • Fuel Type: Gas
  • Heat Type: Forced Air

Lot Info

  • Zoning: Commercial

Rental Info

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

Multi Family

  • Number Of Units: 2

Map

Range of Values:

Collateral Analytics

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ICE

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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

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
2024 $1,582 $110,000 $40,300 $69,700
2023 $1,536 $110,000 $40,300 $69,700
2022 $1,598 $96,620 $40,320 $56,300
2021 $1,598 $96,620 $40,320 $56,300
2020 $1,718 $96,620 $40,320 $56,300
2019 $1,676 $96,620 $40,320 $56,300
2018 $1,650 $90,171 $37,632 $52,539
2017 $1,742 $90,171 $37,632 $52,539
2016 $1,706 $90,171 $37,632 $52,539
2015 $1,706 $90,171 $37,632 $52,539
2014 $1,482 $80,510 $33,600 $46,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
06/30/2025 06/30/25 Price Changed $137,800 -5.0% $46 / Sq Ft
06/30/2025 06/30/25 For Sale $145,000 -- $48 / Sq Ft
Source: East Central Iowa Association of REALTORS®

Source: East Central Iowa Association of REALTORS®

MLS Number: 152403

East Central Iowa Association of REALTORS®

APN: 10-13-314-027