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    218 S Gunnison St Burlington, IA 52601

    Sponsored
    For Sale
    $85,000

    MULTI_FAMILY - Burlington, IA

    Property size:
    2,220 SF
    Lot size:
    0.12 Acres
    Days on Market:
    33
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 218 S Gunnison St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    16-05-135-005
    Size
    2,220 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    2
    Building materials
    Vinyl Siding

    Midwest Realty (319) 237-1139

    Listing agent Brant Wrede (319) 237-1139

    Listing date Dec 4, 2025

    Copyright © 2025 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.

    Overview

    Income-Producing Duplex in Burlington, Iowa

    This income-producing duplex is fully occupied with tenants, presenting an investment opportunity. The property includes a main level unit with one bedroom and one bathroom, and an upper-level unit featuring two bedrooms and one bathroom, providing flexible rental options. Tenants have access to parking in the back of the property. The building is located in Burlington, Iowa, and has a total size of 2220 square feet on a 0.12-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Faith Presbyterian Church Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Des Moines
    State
    Iowa
    Longitude
    -91.117177
    Latitude
    40.80784

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    FAQs

    What type of property is this?
    Duplex - Fully occupied duplex with flexible rental options and convenient location.
    Where is this duplex located?
    The property is located at 218 S Gunnison St Burlington, IA.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Income-producing duplex with tenants in place; - Two units provide flexible rental options: a 1-bed/1-bath and a 2-bed/1-bath; - Convenient location
    (319) 572-4766
    Request Owner's contact information
    218 S Gunnison St Burlington, IA 52601
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    Burlington, IA 52601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    218 S Gunnison St Burlington, IA 52601
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