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Updated River-View Duplex
For Sale
$229,000

507 Pearl Street, Sabula, IA 52070

MULTI_FAMILY - SABULA, IA

Property Size1,998 SF
Price / SF$114.61
Days on Market154

Property Features for 507 Pearl Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 4
Appliances Stove/Cooktop
Elementary school Other/Outside Area
Middle school Other/Outside Area
High school Other/Outside Area
Elementary school district Other/Outside Area
Middle school district Other/Outside Area
High school district Other/Outside Area
Subdivision Jackson-IA
Standard status Active
APN 158222018000400
Size 1,998 SF

Taxes and HOA fees

Tax Year 2024
Tax Description To follow
Tax Annual Amount 1090
Legal Description To follow

Utilities

Heating system Hot Water(Heating), Steam, Natural Gas

Building Details

Year built 1864
Floors in Building 2
Number of units 2
Roof type Metal
Listing Agency: MEL FOSTER CO.
Listed By: DEANNA SHEPHERD · License #471007664
Added: Mar 11 Changed: Aug 5 Last Checked: Aug 11 at 4:06AM
MLS# 202601300

Copyright © 2026 NorthWest Illinois Alliance 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 1,998-square-foot duplex, built in 1864, contains two updated apartments with open living areas, laminate flooring, refreshed walls, and appliances. The property includes four bedrooms, two bathrooms, a basement, a metal roof, and natural-gas heating supported by hot water and steam systems. The upper apartment has an enclosed, insulated rear porch with large windows oriented toward the river.

Located in Sabula’s business district, the building extends from Pearl Street at the front to River Street at the rear and offers river views. The property was formerly used as a post office, and the upper apartment is scheduled to be vacant as of 3/31/2026. A stove/cooktop is included.

Key Highlights

  • 1,998‑square‑foot duplex built in 1864
  • Two updated apartments with open living areas
  • Four bedrooms, two bathrooms, and a basement

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Grocery & Convenience Store Bakery Kitchen & Bath Showroom Hair 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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby

Demographics for 52070, IA

1,006
Population
569
Households
1.8
Avg Household Size
53
Median Age
13%
College-Educated
93%
High-School Grad
48.2 sq mi
ZIP Area
21
Density / Sq Mi
$63,750
Median Household Income
$37,955
Median Earnings
$1,025
Median Rent
$167,300
Median Home Value

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?
Duplex - Two apartments feature open living areas and refreshed interior finishes.
Where is this duplex located?
The property is located at 507 Pearl Street Sabula, IA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 1,998‑square‑foot duplex built in 1864; Two updated apartments with open living areas; Four bedrooms, two bathrooms, and a basement
More about this property
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