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Up-Down Duplex Investment
For Sale
$42,500

1127 Washington Street, Burlington, IA 52601

MULTI_FAMILY - Burlington, IA

Property Size1,809 SF
Lot Size0.13 Acres
Price / SF$23.49
Days on Market277

Property Features for 1127 Washington Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Partial
Subdivision PEASLEY ADD
Directions west on washington
Standard status Active
APN 001+11-32-458-002
Size 1,809 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 61 PEASLEY ADD
Tax Annual Amount 906
Legal Description 61 PEASLEY ADD

Utilities

Heating system Forced Air

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Listing Agency: Century 21/Property Professionals
Listed By: Deborah Fowler · License #***
Added: Oct 27, 2025 Changed: Jul 18 Last Checked: Jul 30 at 11:06AM
MLS# 6333184

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This up-down duplex includes an upper-level unit with two bedrooms and one bathroom. The property has separate meters and a permit, with a newer furnace noted in the available information.

The asset is located at 1127 Washington Street in Burlington, Iowa (Des Moines County). It is being marketed for sale as part of a package that includes 518 S Central (Duplex), and the properties are offered in as-is condition.

The duplex configuration supports separate metering and has the heating system improvement documented as newer, while the remainder of the building condition details are not provided in the available information.

Key Highlights

  • Up‑down duplex with upper 2‑bedroom, 1‑bath unit
  • Forced‑air heating and vinyl siding
  • Separate meters and a newer furnace

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Furniture & Home Goods Auto Parts Store Dental Office Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

924
Businesses Nearby

Demographics for 52601, IA

27,899
Population
14,107
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
94%
High-School Grad
109.3 sq mi
ZIP Area
255
Density / Sq Mi
$57,123
Median Household Income
$35,594
Median Earnings
$921
Median Rent
$125,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Up-down duplex with separate meters, a newer furnace, and two bedrooms on the upper level.
Where is this duplex located?
The property is located at 1127 Washington Street Burlington, IA.
What is the asking price?
The asking price for this property is $42,500.
What are key features of this property?
This property features: Up‑down duplex with upper 2‑bedroom, 1‑bath unit; Forced‑air heating and vinyl siding; Separate meters and a newer furnace
More about this property
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