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Duplex with River Views
For Sale
$229,000

507 Pearl Street, Sabula, IA 52070

MULTIFAMILY, SABULA, IA

Property Size1,998 SF
Price / SF$114.61
Days on Market177

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 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 2
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 Natural Gas, Steam, Hot Water(Heating)

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 19 Last Checked: Sep 3 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 was built in 1864 and includes two apartments with open living areas. Interior updates include laminate flooring, refreshed walls, and appliances, with a stove/cooktop provided. The upper residence features an enclosed, insulated rear porch with large windows oriented toward the river. Natural gas, steam, and hot-water heating serve the property, which has a metal roof and basement.

The building occupies a business-district setting in Sabula, with Pearl Street at the front and River Street behind. The property was formerly used as a post office. The site is described as having room for an addition to the property line and space for a garage with a rooftop deck. The upper apartment is identified as vacant as of 3/31/2026.

Key Highlights

  • 1,998‑square‑foot duplex in Sabula’s business district
  • Built in 1864 with a metal roof and basement
  • Two apartments with updated laminate flooring, walls, and appliances

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 - Updated two-unit property in Sabula’s business district with open living areas and a river-facing enclosed porch.
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 in Sabula’s business district; Built in 1864 with a metal roof and basement; Two apartments with updated laminate flooring, walls, and appliances
More about this property
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