Five-Unit Apartment
2575 Jackson St Dubuque, IA 52001
New
2575 Jackson St, Dubuque, IA, 52001
$450,000
For Sale
$450,000
Fiveplex offers a mix of 2- and 3-bedroom units, a large backyard, and off-street parking.
Property Size4,322 SF
Price / SF$104.12
Days on Market2
Property Features for 2575 Jackson St
General Information
- Standard status
- Active
- Size
- 4,322 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1898
Listing agency
Ruhl & Ruhl Realtors
(563) 213-2636
Listed by
Pamela Helmer
Source
Kwlegacyrealty
Added: Jul 21 Updated: Jul 22 at 2:50AM Checked: Jul 22 at 2:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ruhl & Ruhl Realtors
Investment Insights
Based on property information with market context.
This five-unit apartment building features a large backyard and off-street parking. Unit mix includes 2-bedroom and 3-bedroom configurations, with interior photos referencing the main floor unit and another unit on the third floor.
The property is being sold as an investor opportunity at 2575 Jackson St in Dubuque, IA. The building has also just received new water lines.
For buyers reviewing the current offering, the provided photo sequence corresponds to the main floor and third-floor interiors, giving a snapshot of the unit layouts and finishes available in the building.
The property is being sold as an investor opportunity at 2575 Jackson St in Dubuque, IA. The building has also just received new water lines.
For buyers reviewing the current offering, the provided photo sequence corresponds to the main floor and third-floor interiors, giving a snapshot of the unit layouts and finishes available in the building.
Key Highlights
- 5‑plex built in 1898
- Unit mix includes 2‑bedroom and 3‑bedroom units (3 units with 2 bedrooms; 1 unit with 3 bedrooms)
- Large backyard
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.2k | $14.40 |
| − Vacancy | −$2.5k | −$0.58 |
| EGI | $59.7k | $13.82 |
| − OpEx | −$26.9k | −$6.22 |
| NOI | $32.9k | $7.60 |
4,322 SF · lease $14.40/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$469.4K
$410.8K – $547.7K
NOI $32,861 @ 7.0% cap · market cap 7.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$841.1K
$736.0K – $981.3K
NOI $58,878 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fiveplex offers a mix of 2- and 3-bedroom units, a large backyard, and off-street parking.
Where is this apartment building located?
The property is located at 2575 Jackson St Dubuque, IA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5‑plex built in 1898; Unit mix includes 2‑bedroom and 3‑bedroom units (3 units with 2 bedrooms; 1 unit with 3 bedrooms); Large backyard
