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All-Brick Quadplex with Daycare Tenant
For Sale
$329,500

1229 & 1233 Rhomberg Avenue, Dubuque, IA 52001

MULTI_FAMILY - Dubuque, IA

Property Size5,152 SF
Price / SF$63.96
Days on Market100

Property Features for 1229 & 1233 Rhomberg Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential, Commercial
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 9, Bedroom 3, Basement, Bedroom 1, Bedroom 6
Parking features Off Street
Basement Full
Appliances Refrigerator, Range
Subdivision SW 1/2-LOT 55 MC CRANEY'S 1ST ADD-NE 1/2-LOT 55 MC
Elementary school Marshall
Middle school Jefferson Jr High
High school Dubuque Senior
Standard status Active
APN 1118310010,1118310011
Size 5,152 SF

Taxes and HOA fees

Tax Annual Amount 3334

Utilities

Heating system Forced Air, Hot Water(Heating)
Cooling system Central Air, Wall Unit(s)

Amenities

porches
fenced yard
tinted plate glass front windows

Building Details

Year built 1904
Floors in Building 2
Number of units 4
Building materials Brick
Roof type Rubber, Composition
Listing Agency: Realty Pros LTD.
Listed By: Thomas Sitzmann
Added: May 4 Changed: Aug 2 Last Checked: Aug 11 at 9:06PM
MLS# 154544

Copyright © 2026 East Central Iowa 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.

Investment Insights

Based on property information with market context.

This all-brick quadplex includes three very spacious residential units and one long-term commercial daycare tenant. The building features tinted plate glass front windows in the commercial unit and is described as exceptionally maintained, with upgrades including newer boilers and forced air heating. Heating is supported by forced air and hot water, with cooling provided by central air and wall units. Appliances listed include a refrigerator and range. The property also includes separate utilities (electric/gas) for the units, plus three porches, a fenced yard, and a basement.

The property totals 5,152 square feet and was built in 1904. Roof materials are listed as rubber and composition. Off-street parking is provided with a 5-car capacity.

The asset is fully rented and presented as ready for cash flow on day one, with residential and commercial space configured in a single solid brick building.

Key Highlights

  • All‑brick quadplex with three residential units plus a long‑term commercial daycare tenant
  • Tinted plate glass front windows in the commercial daycare unit
  • Separate utilities (electric/gas) for the units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office (Bike/Boat/Book/etc) Store Food Market Nail Salon

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 52001, IA

43,572
Population
20,102
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
92%
High-School Grad
26.1 sq mi
ZIP Area
1,669
Density / Sq Mi
$60,882
Median Household Income
$35,571
Median Earnings
$916
Median Rent
$168,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Quadplex offering three residential units and a long-term commercial daycare tenant with separate electric and gas utilities.
Where is this quadplex located?
The property is located at 1229 & 1233 Rhomberg Avenue Dubuque, IA.
What is the asking price?
The asking price for this property is $329,500.
What are key features of this property?
This property features: All‑brick quadplex with three residential units plus a long‑term commercial daycare tenant; Tinted plate glass front windows in the commercial daycare unit; Separate utilities (electric/gas) for the units
More about this property
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