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Fully Occupied Duplex
For Sale
$40,000

605 S Central Avenue, Burlington, IA 52601

Residential Income, Burlington, IA

Property Size2,656 SF
Lot Size0.18 Acres
Price / SF$15.06
Days on Market322

Property Features for 605 S Central Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Partial
Subdivision BARRETS ADD
Directions s central
Standard status Active
APN 002+16-05-405-007
Size 2,656 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 16-53 BARRET ADD S 10'LOT 17 BLK 53
Tax Annual Amount 1048
Legal Description 16-53 BARRET ADD S 10'LOT 17 BLK 53

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1880
Floors in Building 2
Number of units 2
Building materials Metal Siding
Listing Agency: Century 21/Property Professionals
Listed By: Deborah Fowler · License #***
Added: Oct 27, 2025 Changed: Sep 7 Last Checked: Sep 13 at 6:06AM
MLS# 6333182

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.

Investment Insights

Based on property information with market context.

This two-unit residential property is configured as an up-and-down duplex with 2,656 square feet of building area. The property is fully occupied and includes metal siding, forced-air heating, and public water service. Built in 1880, it sits on a 0.18-acre lot in Burlington, Iowa.

The sale includes an additional duplex at 235 S 9th, identified as MLS 6333178. The seller will not divide the package, and both properties are offered in their existing condition.

Key Highlights

  • Fully occupied up‑and‑down duplex
  • 2,656 square feet of building area
  • 0.18‑acre lot in Burlington, Iowa

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Big Box & Wholesale Store 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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

471
Businesses Nearby

Demographics for 52601, IA

27,899
Population
14,107
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
94%
High-School Grad
109.3 sq mi
ZIP Area
255
Density / Sq Mi
$57,123
Median Household Income
$35,594
Median Earnings
$921
Median Rent
$125,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two-level residential property with established occupancy, metal siding, forced-air heating, and public water service.
Where is this duplex located?
The property is located at 605 S Central Avenue Burlington, IA.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Fully occupied up‑and‑down duplex; 2,656 square feet of building area; 0.18‑acre lot in Burlington, Iowa
More about this property
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