NOT LISTED FOR SALE

615 N Dubuque St Iowa City, IA 52245

5 Beds
4 Baths
3,218 Sq Ft
1900 Built

Last Sold May 03, 2024

Last sale price $715,000 $222 Per Sq Ft

112 Days on Market

Highlights

  • Living Room
  • Property is near a bus stop
  • Heating System Uses Steam
  • City High School Rated A-
  • Dining Room

About This Home

As of May 2024

11-unit apartment building right on Dubuque near the main U of I campus. One unit is a two bedroom and ten are efficiencies. The heat is central hot water, and the cooling is by window AC. Lots of charm in this 3 story building. However, the real value is in the 8,400 feet of land for future development. The income for 2022 was low at $63,000 and expenses are up to $57,000, including flooring and other capital improvements. The roof was replaced in 2018. There are 4 garages available to lease to tenants. 48 hour notice for all showings.

Last Agent to Sell the Property

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 10/02/2023

Lepic-Kroeger, REALTORS

Last Buyer's Agent

Jeff Edberg

Lepic-Kroeger, REALTORS Listed on: 10/02/2023

Lepic-Kroeger, REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 3,218 Sq Ft Home
  • Living Room
  • Dining Room
  • Block Basement Construction
  • Oven or Range

Laundry

  • Dryer
  • Washer

Schools

  • Shimek Elementary School
  • Southeast Middle School

Utilities

  • Heating System Uses Steam
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Internet Available

Additional Features

  • Lot Dimensions are 120 x 70
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 1010208002

Community Details

Overview

  • 11 Units
  • Colman's Subdivision

Building Details

  • Electric Expense $2,940
  • Fuel Expense $2,940
  • Insurance Expense $4,829
  • Maintenance Expense $13,856
  • Water Sewer Expense $529
  • Gross Income $42,984

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MULTI-FAMILY
  • Type: Multi-Family
  • Photo Code: Complete
  • Remarks: 11-unit apartment building right on Dubuque near the main U of I campus. One unit is a two bedroom and ten are efficiencies. The heat is central hot water, and the cooling is by window AC. Lots of charm in this 3 story building. However, the real value is in the 8,400 feet of land for future development. The income for 2022 was low at $63,000 and expenses are up to $57,000, including flooring and other capital improvements. The roof was replaced in 2018. There are 4 garages available to lease to tenants. 48 hour notice for all showings.
  • T Val: 715000
  • Year Built: 1900
  • Tax Year Report: 2022
  • Subdivision: Colman's
  • Rental Permit: Yes
  • Water Annually: 529
  • Directions: N on Dubuque Street from downtown. Property is on the left side just past Church St.
  • Aging In Place Form: No
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Sidewalks, Street Lights, On Bus Line
  • Basement Remarks: Block
  • Possession R: Negotiable
  • Possible Finance R: Cash
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator, Dryer, Washer
  • Sq Ft Above: 3218

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 4 or More Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water, Public Water
  • Electric Annually: 2940
  • Gas Annually: 2940
  • Heating Cooling: Window/Wall Units, Radiant, Steam/Hotwater

Schools

  • Elementary School: Shimek
  • Middle School: Southeast
  • High School: City
  • High School: City
  • Jr Middle School: Southeast
  • Elementary School: Shimek

Lot Info

  • Geo Subdivision: IA
  • Lot Dimensions: 120 x 70
  • Zoning: RM44

Tax Info

  • Gross Tax County City: 15326
  • Assessor Parcel Number: 1010208002

Multi Family

  • Units Total: 11

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $715,000 -14.9% $222 / Sq Ft
03/21/2024 03/21/24 Off Market $840,000 -- --
01/22/2024 01/22/24 Pending -- -- --
10/02/2023 10/02/23 For Sale $840,000 -- $261 / Sq Ft
Source: Iowa City Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeff Edberg

    Seller's Agent in 2024

    Jeff Edberg

    Lepic-Kroeger, REALTORS

    (319) 331-6187

    165 Total Sales

    Section Image
See All Agents

Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202305156

Iowa City Area Association of REALTORS®

Iowa Johnson County Iowa City 52245

615 N Dubuque St, Iowa City, IA

This home is located at 615 N Dubuque St, Iowa City, IA 52245 since 02 October 2023. This property was built in 1900. 615 N Dubuque St is a home located in Johnson County with nearby schools including Horace Mann Elementary School, Southeast Junior High School, and City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Iowa City Area Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information is deemed reliable, but not guaranteed accurate by the MLS.

Nearby Homes