Building Details

Year Built 1895

Units 2

Tenancy Multi

Listing Agency: Structure Real Estate l***@structurecedarvalley.com Show Phone

Listed By: Lydia Negan, ABR, PSA · License #S70285000 Show Phone

Source: Sweeneyrealestate

Added: Mar 18 Changed: Aug 15 Last Checked: Aug 16 at 2:50PM

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Investment Insights

Based on property information with market context.

This duplex in Dunkerton, Iowa, was built in 1895 and contains two leased residential units. The lower-level unit includes two bedrooms, one bathroom, 1,980 square feet, in-unit laundry, an attached one-stall garage, and an additional kitchen area. The second unit provides three bedrooms, one bathroom, 1,500 square feet, an entry foyer, vaulted ceilings, and a dedicated laundry room.

Both apartments are occupied under existing leases. Utilities are paid by the tenants; gas service uses a shared meter with costs divided between the units. The lower apartment’s occupant handles sidewalk snow removal and mowing. Lease terms extend through March 2036 for the lower unit and September 30, 2026, for the upper unit.

Key Highlights

• Two‑unit duplex in Dunkerton, Iowa, built in 1895
• Lower unit measures 1,980 square feet with 2 beds, 1 bath, attached one‑stall garage, and in‑unit laundry
• Upper unit offers 1,500 square feet with 3 beds, 1 bath, vaulted ceilings, and a laundry room

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Building Supply Storage Facility Auto Repair Shop

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

65

Businesses Nearby

Explore this area Business Placement

Demographics for 50626, IA

1,652

Population

643

Households

2.6

Avg Household Size

40

Median Age

21%

College-Educated

94%

High-School Grad

50.6 sq mi

ZIP Area

33

Density / Sq Mi

$82,552

Median Household Income

$40,938

Median Earnings

$723

Median Rent

$196,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Two residential units offer in-unit laundry, separate layouts, and existing leases with tenants responsible for utilities.

Where is this duplex located?

The property is located at 101 S Washington Street Dunkerton, IA.

What is the asking price?

The asking price for this property is $170,000.

What are key features of this property?

This property features: Two‑unit duplex in Dunkerton, Iowa, built in 1895; Lower unit measures 1,980 square feet with 2 beds, 1 bath, attached one‑stall garage, and in‑unit laundry; Upper unit offers 1,500 square feet with 3 beds, 1 bath, vaulted ceilings, and a laundry room