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Fully Occupied Duplex Investment
For Sale
$40,000

605 S Central Avenue, Burlington, IA 52601

MULTI_FAMILY - Burlington, IA

Property Size2,656 SF
Lot Size0.18 Acres
Price / SF$15.06
Days on Market277

Property Features for 605 S Central Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Partial
Subdivision BARRETS ADD
Directions s central
Standard status Active
APN 002+16-05-405-007
Size 2,656 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 16-53 BARRET ADD S 10'LOT 17 BLK 53
Tax Annual Amount 1048
Legal Description 16-53 BARRET ADD S 10'LOT 17 BLK 53

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1880
Floors in Building 2
Number of units 2
Building materials Metal Siding
Listing Agency: Century 21/Property Professionals
Listed By: Deborah Fowler · License #***
Added: Oct 27, 2025 Changed: Jul 18 Last Checked: Jul 30 at 1:06PM
MLS# 6333182

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-and-down duplex is fully occupied and offered for sale as-is. The property is a residential income asset configured as two units within a single duplex building.

The duplex is located at 605 S Central Avenue in Burlington, Iowa, in Des Moines County. The seller will not divide the package.

This sale is also being offered as a package with 235 S 9th (Duplex), listed separately at MLS 6333178.

Key Highlights

  • Up‑and‑down duplex with both units fully occupied
  • Construction materials include metal siding
  • Heating is forced air

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Big Box & Wholesale Store 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
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

726
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Up-and-down duplex is fully occupied and sold as-is, with an associated package sale included.
Where is this duplex located?
The property is located at 605 S Central Avenue Burlington, IA.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Up‑and‑down duplex with both units fully occupied; Construction materials include metal siding; Heating is forced air
More about this property
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