2555 Central Ave Dubuque, IA 52001
Dubuque AreaEstimated payment $2,030/month
About This Home
Excellent investment opportunity! This well-maintained 6-unit apartment building is a fantastic addition to any investment portfolio. The property features two 2-bedroom units and four 1-bedroom units, all of which are currently fully rented, and have been generating an annual gross rental income of $52,872. Tenants are responsible for their own electric service, while the owner pays water, sewer, and exterior/common area electric. With stable occupancy, a solid rental history, and consistent cash flow, this income-producing property offers an excellent opportunity for both seasoned investors and those looking to expand their real estate portfolio. Don't miss your chance to own a well-performing multifamily property with reliable income and long-term investment potential!
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,192
Year Built
- Built in 1923
Home Design
- Brick or Stone Mason
- Stone Foundation
Interior Spaces
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Parking
- No Garage
- On-Street Parking
Schools
- Jefferson Jr High Middle School
- S. Hempstead High School
Utilities
- Radiant Heating System
Listing and Financial Details
- The owner pays for water, electricity, trash
Community Details
Overview
- 6 Units
- Lots 1 4 & 2 1 5 Kiene &Altmans Sub Subdivision
Building Details
- Insurance Expense $3,200
- Utility Expense $2,800
- Operating Expense $8,192
- Net Operating Income $44,680
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,192 | $170,000 | $33,900 | $136,100 |
| 2024 | $2,192 | $152,500 | $20,300 | $132,200 |
| 2023 | $2,128 | $152,500 | $20,300 | $132,200 |
| 2022 | $2,270 | $116,500 | $20,340 | $96,160 |
| 2021 | $2,270 | $116,500 | $20,340 | $96,160 |
| 2020 | $2,956 | $116,500 | $20,340 | $96,160 |
| 2019 | $2,378 | $116,500 | $20,340 | $96,160 |
| 2018 | $2,516 | $97,070 | $16,950 | $80,120 |
| 2017 | $2,716 | $97,070 | $16,950 | $80,120 |
| 2016 | $2,848 | $97,070 | $16,950 | $80,120 |
| 2015 | $2,848 | $97,070 | $16,950 | $80,120 |
| 2014 | $2,884 | $97,070 | $16,950 | $80,120 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/24/2026 06/24/26 | For Sale | $340,000 | +33.3% | $92 / Sq Ft | |
| 07/11/2022 07/11/22 | Sold | $255,000 | -7.3% | $69 / Sq Ft | View Prior Sale |
| 03/12/2022 03/12/22 | Pending | -- | -- | -- | |
| 02/07/2022 02/07/22 | For Sale | $275,000 | -- | $75 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $235,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $204,000 | New Conventional | |
| Closed | $270,000 | New Conventional | |
| Closed | $375,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $7,950 | Unknown |
Source: East Central Iowa Association of REALTORS®
MLS Number: ECR155072
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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.