Five-Unit Apartment
For Sale
$450,000
2575 Jackson St, Dubuque, IA 52001
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 Market93
Property Features for 2575 Jackson St
General Information
Standard status
Active
Size
4,322 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
5
Amenities
large backyard
off street parking
Building Details
Year Built
1898
Tenancy
Multi
Listing Agency:
Ruhl & Ruhl Realtors
Listed By:
Pamela Helmer
(563) 213-2636
Source:
Kwlegacyrealty
Added: Jul 21
Changed: Oct 10
Last Checked: Oct 7 at 3:14PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,861
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,220
$657.2K
Cap Rate 7%
$469,443
$469.4K
Cap Rate 9%
$365,122
$365.1K
Market Conditions
NOI Build-Up for 4,322 SF
Gross rent
$62.2K $14.40/SF
− Vacancy
−$2.5K −$0.58/SF
EGI
$59.7K $13.82/SF
− OpEx
−$26.9K −$6.22/SF
NOI
$32.9K $7.60/SF
Area
Dubuque County, IA
Vacancy
4.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$657,220
Cap Rate 7%
$469,443
Cap Rate 9%
$365,122
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
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
