230 S Dubuque St., Solon, IA 52333
- Added:
- Jan 3, 2026
- Days on Market:
- 161
- Last Refresh:
- Jun 13 at 11:06 am
Property Features for 230 S Dubuque St.
General Information
- Property type
- Residential Multi Family
- Zoning
- MULTI
- Parking features
- Off Street, On Street
- Interior features
- Cableavailable, Rearstairs
- Appliances
- Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 0224377002
- Size
- 6,400 SF
Taxes and HOA fees
- Tax Annual Amount
- 6178
Utilities
- Heating system
- Electric (Heating), Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1908
- Flooring type
- Carpet, Tile, Vinyl
- Building materials
- Block, Brick, Concrete, Frame
- Architectural style
- Other
Listing agent Matthew Lepic (319) 321-7199
Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD, Iowa City, IA (319) 351-8811
Listing date Jan 3, 2026
Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Solid rental history with excellent growth potential.
- Three units fully remodeled.
- All units are two bedrooms and one bathroom, each spanning 800 square feet.
- Roof fully replaced, including the brick veneer, in 2020.
- Exterior freshly painted in 2025.
- Central Air Conditioning.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.7k | $16.20 |
| − Vacancy | −$4.1k | −$0.65 |
| EGI | $99.5k | $15.55 |
| − OpEx | −$44.8k | −$7.00 |
| NOI | $54.7k | $8.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Solon
- County
- Johnson
- State
- Iowa
- Longitude
- -91.493871
- Latitude
- 41.805606
