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Two-Unit Duplex with Basement
For Sale
$159,000

203 1st Ave S, Dakota City, IA 50529

Residential Income, Dakota City, IA

Property SizeContact for details
Lot Size0.72 Acres
Days on Market300

Property Features for 203 1st Ave S

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Full
Directions GPS
Standard status Active
APN 1106309002
Lot size 0.72 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description L 10B 85 DAKC
Tax Annual Amount 1270
Legal Description L 10B 85 DAKC

Utilities

Heating system Baseboard
Water source Public

Amenities

laundry access

Building Details

Year built 1880
Floors in Building 1
Number of units 2
Building materials Wood Siding
Listing Agency: Growthland Realty
Listed By: Deb Almond · License #***
Added: Dec 22, 2025 Changed: Sep 7 Last Checked: Oct 18 at 5:06AM
MLS# 6334492

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.

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Investment Insights

Based on property information with market context.

This duplex contains two one-bedroom residences, with one unit on the main floor and another upstairs. Each apartment has laundry access, and the property includes a full basement. Wood siding, baseboard heating, and public water are among the documented building features.

The property occupies 0.72 acres at 203 1st Ave S in Dakota City, Iowa. Built in 1880, it offers a two-unit configuration suited to residential rental use, with separate living areas and practical storage or service space below grade.

Key Highlights

  • Two‑unit duplex with one‑bedroom units on the main and upper floors
  • Laundry access provided for both one‑bedroom units
  • Full basement included

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Law Firm Electrical Service 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

187
Businesses Nearby

Demographics for 50529, IA

759
Population
417
Households
1.8
Avg Household Size
43
Median Age
8%
College-Educated
90%
High-School Grad
0.5 sq mi
ZIP Area
1,518
Density / Sq Mi
$66,111
Median Household Income
$41,750
Median Earnings
$935
Median Rent
$119,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom residences feature individual laundry access and a full basement for additional utility space.
Where is this duplex located?
The property is located at 203 1st Ave S Dakota City, IA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Two‑unit duplex with one‑bedroom units on the main and upper floors; Laundry access provided for both one‑bedroom units; Full basement included
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