Attention investors and house-hackers! This large, well-maintained two-story duplex is a turnkey property, boasting a stellar cap rate at almost 9% and right at the 1% rule. 2 units are curently rented with bonus 3rd unit in the attic (1 bed, 1 bath). While not currently zoned by the city as a traditional triplex, this bonus space presents an incredible opportunity to maximize your returns as a high-yielding Airbnb/short-term rental or to serve as the ultimate owner’s quarters. Don't miss this rare chance to acquire timeless historic charm; the perfect choice to launch your very first investment or add a powerhouse asset to your growing real estate portfolio.

MLS Number: 155154

Listing Date: 2026-07-07

Parcel Number: 1025132041

Annual Gross Tax Amount: 2224

Operating Expense: $6,247.00

Net Operating Income: $23,753.00

Insurance Expense: $2,888.00

Year Built: 1911

Subdivision Name: LOT 1-2 (EXC W 127.5') OF SUB OF S 1/3 OF 34 & ALL

Listing Date: 2026-07-07

Parcel Number: 1025132041

Annual Gross Tax Amount: 2224

Estimated Square Footage (Finished Upper): 2,352 sqft

Estimated Square Footage (Finished Main): 1,436 sqft

Owner Pays
  • None
Tenant Pays
  • Gas
  • Water
  • Electricity
  • Heat
  • Trash
Appliances Included
  • Refrigerator
  • Range
Basement Features
  • Full
Cooling System
  • Central Air
Heating System
  • Forced Air

Fuel Type: Gas

Elementary School: Lincoln

Middle or Junior School: Washington Jr High

High School: Dubuque Senior

Garage / Parking Features: On Street

Roof
  • Composition Shingle