This 31-unit apartment building sits in the heart of a thriving urban district ensuring year-round demand. With high occupancy, strong rental history, and a location that attracts both students and professionals, this asset delivers consistent cash flow today and long-term appreciation tomorrow. Six additional neighboring properties(12 units and single family home) available to purchase for additional $1,240,000.

MLS Number: 153254

Listing Date: 2025-10-14

Parcel Number: 1024184005

Annual Gross Tax Amount: 16,030

Operating Expense: $92,685.00

Net Operating Income: $273,375.00

Insurance Expense: $24,000.00

Utilities Expense: 52,655

Year Built: 1910

Lot Size Dimensions: .45 Acres

Subdivision Name: Lots 1,2,3,&7 of 2 of City Lot673 201-245 W. 17th

Listing Date: 2025-10-14

Parcel Number: 1024184005

Annual Gross Tax Amount: 16,030

Estimated Square Footage (Finished Upper): 17,086 sqft

Estimated Square Footage (Finished Main): 8,543 sqft

Estimated Square Footage (Finished Lower): 8,543 sqft

Owner Pays
  • Gas
  • Water
  • Trash
Tenant Pays
  • Electricity
Appliances Included
  • Refrigerator
  • Range
  • Dishwasher
  • Microwave
  • Washer
  • Dryer
Basement Features
  • Full
Cooling System
  • Window Unit(s)
  • Wall Unit(s)
Heating System
  • Steam

Fuel Type: Gas

Elementary School: Prescott

Middle or Junior School: Washington Jr High

High School: Dubuque Senior

Garage / Parking Features: Off Street,On Street

Roof
  • Rubber