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Duplex with Separate Meters
For Sale
$42,500

1127 Washington Street, Burlington, IA 52601

Residential Income, Burlington, IA

Property Size1,809 SF
Lot Size0.13 Acres
Price / SF$23.49
Days on Market322

Property Features for 1127 Washington Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Partial
Subdivision PEASLEY ADD
Directions west on washington
Standard status Active
APN 001+11-32-458-002
Size 1,809 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 61 PEASLEY ADD
Tax Annual Amount 906
Legal Description 61 PEASLEY ADD

Utilities

Heating system Forced Air

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Building materials Vinyl Siding
Listing Agency: Century 21/Property Professionals
Listed By: Deborah Fowler · License #***
Added: Oct 27, 2025 Changed: Sep 7 Last Checked: Sep 13 at 5:06AM
MLS# 6333184

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-story duplex contains 1,809 square feet on a 0.13-acre lot. The upper residence includes two bedrooms and one bathroom, while the lower level provides a second living area. Separate meters support independent utility measurement, and the property has vinyl siding with forced-air heating. Built in 1900, the building includes a newer furnace.

The property is offered as part of a package with the duplex at 518 S Central in Burlington. Both properties are being sold in their existing condition.

Key Highlights

  • 1,809‑square‑foot duplex on a 0.13‑acre lot
  • Upper unit includes 2 bedrooms and 1 bathroom
  • Separate meters for the duplex

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Furniture & Home Goods Auto Parts Store Dental Office 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

736
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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-level income property with vinyl siding, forced-air heat, and a two-bedroom upper residence.
Where is this duplex located?
The property is located at 1127 Washington Street Burlington, IA.
What is the asking price?
The asking price for this property is $42,500.
What are key features of this property?
This property features: 1,809‑square‑foot duplex on a 0.13‑acre lot; Upper unit includes 2 bedrooms and 1 bathroom; Separate meters for the duplex
More about this property
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