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Two-Unit Residential Income Property
For Sale
$159,000

203 1st Ave S, Dakota City, IA 50529

MULTI_FAMILY - Dakota City, IA

Property SizeContact for details
Lot Size0.72 Acres
Days on Market251

Property Features for 203 1st Ave S

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Full
Directions GPS
Standard status Active
APN 1106309002
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description L 10B 85 DAKC
Tax Annual Amount 1270
Legal Description L 10B 85 DAKC

Utilities

Heating system Baseboard
Water source Public

Building Details

Year built 1880
Floors in Building 1
Number of units 2
Building materials Wood Siding
Listing Agency: Growthland Realty
Listed By: Deb Almond · License #***
Added: Dec 22, 2025 Changed: Jul 18 Last Checked: Aug 30 at 4:06AM
MLS# 6334492

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 two-unit residential income property offers a main floor 1-bedroom unit and an upstairs 1-bedroom unit. Both units have laundry access, and the property includes a full basement that provides additional enclosed space.

The property is located at 203 1st Ave S in Dakota City, Iowa, in Humboldt County.

The configuration is centered on two separate 1-bedroom units with in-unit laundry access and a full basement beneath the home.

Key Highlights

  • Wood siding construction
  • Built in 1880
  • Two 1‑bedroom rental units: upstairs unit with laundry access and main‑floor unit with laundry access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Law Firm Electrical Service 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

187
Businesses Nearby

Demographics for 50529, IA

759
Population
417
Households
1.8
Avg Household Size
43
Median Age
8%
College-Educated
90%
High-School Grad
0.5 sq mi
ZIP Area
1,518
Density / Sq Mi
$66,111
Median Household Income
$41,750
Median Earnings
$935
Median Rent
$119,300
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 - Two one-bedroom units feature laundry access, plus a full basement for additional utility.
Where is this duplex located?
The property is located at 203 1st Ave S Dakota City, IA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Wood siding construction; Built in 1880; Two 1‑bedroom rental units: upstairs unit with laundry access and main‑floor unit with laundry access
More about this property
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