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Eight-Plex Apartment Building
For Sale
$750,000

230 S Dubuque St., Solon, IA 52333

MULTI_FAMILY - Other - Solon, IA

Property SizeContact for details
Days on Market225

Property Features for 230 S Dubuque St.

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bathrooms 1
Full bathrooms 4
Rooms Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
Parking 4
Parking features Off Street, On Street
Interior features CableAvailable, RearStairs
Appliances Dishwasher, Microwave, RangeOrOven, Refrigerator
Subdivision BEUTERS ADDITION LOT 4 BL
Elementary school Solon
Middle school Solon
Directions Mid Town Solon next to feed mill
Standard status Active
APN 0224377002

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6178

Utilities

Heating system Forced Air, Natural Gas, Electric (Heating)
Cooling system Central Air

Building Details

Year built 1908
Flooring type Carpet, Tile, Vinyl
Building materials Brick, ConcreteBlocks, Frame
Architectural style Other
Listing Agency: Lepic-Kroeger, REALTORS
Listed By: Matthew Lepic · License #B45389000
Added: Jan 3 Changed: Aug 3 Last Checked: Aug 16 at 9:06PM
MLS# 202600035

Copyright © 2026 Iowa City Area 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 eight-plex apartment building in Solon features four units on the main floor and four units on the second floor. Each unit has two bedrooms and one bathroom, with interior space stated at 800 square feet per unit. The property includes cable availability and rear stairs, with tile, vinyl, and carpet flooring throughout. Heating is provided by natural gas and electric forced-air systems, and each unit has central air.

Updates include a fully replaced roof, including the brick veneer, in 2020. Exterior painting was completed in 2025. The building has a three-unit fully remodeled component, while the remaining units are described as in great condition. Parking is available via both on-street and off-street options.

Showing coordination requires 48 hours’ notice, and preapproval is required to schedule any showings.

Key Highlights

  • Four units on the main floor and four units on the second floor
  • Each unit offers two bedrooms, one bathroom, and 800 square feet
  • Roof fully replaced, including brick veneer, in 2020

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Electrical Service Pharmacy 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

8
Residential units

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 52333, IA

7,312
Population
2,949
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
98%
High-School Grad
85.6 sq mi
ZIP Area
85
Density / Sq Mi
$113,917
Median Household Income
$48,555
Median Earnings
$1,202
Median Rent
$347,800
Median Home Value

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?
Apartment building - Solon eight-plex under MULTI zoning with central air, natural gas/electric forced-air heat, and roof replaced in 2020.
Where is this apartment building located?
The property is located at 230 S Dubuque St. Solon, IA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four units on the main floor and four units on the second floor; Each unit offers two bedrooms, one bathroom, and 800 square feet; Roof fully replaced, including brick veneer, in 2020
More about this property
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