NOT LISTED FOR SALE

554 W 5th St Dubuque, IA 52001

-- Bed
-- Bath
2,152 Sq Ft
1991 Built

Sale Details

Date Sold: November 19, 2024

Last sale price $450,000 $209 Per Sq Ft

4 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • 3-minute walk to Waller Cooper Park

About This Home

As of November 2024

Investment Opportunity! 4-Plex in Prime Location near the hospital! Located just footsteps from the historic 4th Street Elevator, this well-maintained 4-plex is an investor's dream. Each unit features 2 spacious bedrooms, 1 bathroom, a generous kitchen and dining area, and a private deck, perfect for relaxation. Built in 1991, the property is maintenance-free, offering peace of mind for years to come. Additional amenities include on-site laundry facilities, off-street parking, plus an extra parking lot—providing potential for additional income. With a stellar rental history and a prime, central location, this property is an ideal addition to your portfolio. Don't miss out on this rare opportunity to own a great income-generating property in a highly sought-after area!

Last Agent to Sell the Property

Ashley Erschen

Remax Advantage License #IL Listed on: 09/11/2024

Remax Advantage

Last Buyer's Agent

John Gartner

Remax Advantage

Remax Advantage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Available

Listing and Financial Details

  • Tenant pays for electric, gas, heat, water
  • The owner pays for water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 1025137006
  • $10,000 Seller Concession

Community Details

Building Details

  • Insurance Expense $5,160
  • Other Expense $600
  • Utility Expense $420
  • Real Estate Tax Expense $5,000
  • Net Operating Income $26,020

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Listing Details

  • Class: Multi-Family
  • Style: 2 Story
  • Style2: 2 Story
  • Type: Four Plex
  • Year Built: 1991
  • Lvt Date: 09/12/2024
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Washer, Dryer
  • Estimated Total Above Ground Sq Ft: 2152
  • Estimated Finished Sq Ft: 2152
  • Estimated Sq Ft: 2152
  • Estimated Main Sq Ft: 1076
  • Estimated Upper Sq Ft: 1076
  • Basement: Full

Exterior Features

  • Foundation: Pour
  • Roof: Asp/Composite Shingle
  • Siding: Vinyl

Garage/Parking

  • Garage Feature: No Features
  • Parking: Off Street

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas
  • Heat Type: Forced Air

Condo/Co-op/Association

  • Amenities: Laundry Facilities

Lot Info

  • Lot Size: .30
  • Parcel Id Number: 1025137006
  • Zoning: M (MR R3)

Rental Info

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

Multi Family

  • Expenses Other: 600
  • Number Of Units: 4
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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
11/19/2024 11/19/24 Sold $450,000 -1.1% $209 / Sq Ft
09/15/2024 09/15/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $454,900 +5.8% $211 / Sq Ft
05/18/2022 05/18/22 Sold $430,000 0.0% $230 / Sq Ft View Prior Sale
04/21/2022 04/21/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $430,000 -- $230 / Sq Ft
Source: East Central Iowa Association of REALTORS®

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 $5,142 $400,500 $78,400 $322,100
2024 $5,142 $357,600 $47,100 $310,500
2023 $4,992 $357,600 $47,100 $310,500
2022 $5,326 $273,420 $47,060 $226,360
2021 $5,326 $273,420 $47,060 $226,360
2020 $6,292 $273,420 $47,060 $226,360
2019 $5,606 $273,420 $47,060 $226,360
2018 $5,932 $228,850 $39,220 $189,630
2017 $6,404 $228,850 $39,220 $189,630
2016 $6,714 $228,850 $39,220 $189,630
2015 $6,714 $228,850 $39,220 $189,630
2014 $6,800 $228,850 $39,220 $189,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Central Iowa Association of REALTORS®

MLS Number: ECR150300

East Central Iowa Association of REALTORS®
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