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Brick Mixed-Use Fourplex
For Sale
$329,500

1229 & 1233 Rhomberg Avenue, Dubuque, IA 52001

Residential Income, Dubuque, IA

Property Size5,152 SF
Price / SF$63.96
Days on Market147

Property Features for 1229 & 1233 Rhomberg Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Residential, Commercial
Bedrooms 9
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 5, Basement, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 9, Bedroom 3, Bedroom 8, Bathroom 2, Bathroom 3, Bedroom 6, Bedroom 1, Bedroom 4
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 Hot Water(Heating), Forced Air
Cooling system Central Air, Wall Unit(s)

Amenities

separate utilities
porches
fenced yard

Building Details

Year built 1904
Floors in Building 2
Number of units 4
Building materials Brick
Roof type Composition, Rubber
Listing Agency: Realty Pros LTD.
Listed By: Thomas Sitzmann
Added: May 4 Changed: Sep 13 Last Checked: Sep 27 at 3:06AM
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 5,152-square-foot mixed-use building at 1229 & 1233 Rhomberg Avenue combines three residential units with a commercial daycare suite. Constructed in 1904, the solid-brick property includes three porches, a fenced yard, and five off-street parking spaces. The commercial portion features tinted plate-glass front windows, while the residential areas include refrigerators and ranges.

Heating is provided by hot-water and forced-air systems, with central air and wall-mounted cooling. Newer boilers and separate electric and gas utilities add to the building’s functional configuration. The property is fully rented, with a long-term daycare occupant in the commercial space, and is zoned for both residential and commercial use in Dubuque, Iowa.

Key Highlights

  • 5,152 SF mixed‑use building with three residential units and one commercial daycare space
  • Fully rented, including a long‑term commercial daycare tenant
  • Solid‑brick construction dating to 1904

Property Analytics

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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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased property combines three residential units with a commercial daycare space and separately metered utilities.
Where is this mixed-use property 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: 5,152 SF mixed‑use building with three residential units and one commercial daycare space; Fully rented, including a long‑term commercial daycare tenant; Solid‑brick construction dating to 1904
More about this property
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