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Four-Unit Quadplex with Basement
For Sale
$208,000

697 Caledonia Place, Dubuque, IA 52001

Residential Income, Dubuque, IA

Property Size3,252 SF
Price / SF$63.96
Days on Market142

Property Features for 697 Caledonia Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning M R3
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 7, Bathroom 3, Bedroom 8, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 1, Basement, Bathroom 2, Bedroom 6
Parking features On Street
Basement Full
Appliances Refrigerator, Range
Subdivision E 1/2 L 2-2-S 1/3 L 34 & ALL L 35 KELLYS SUB
Elementary school Lincoln
Middle school Washington Jr High
High school Dubuque Senior
Standard status Active
APN 1025132042
Size 3,252 SF

Taxes and HOA fees

Tax Annual Amount 1840

Utilities

Heating system Forced Air

Building Details

Year built 1911
Floors in Building 2
Number of units 4
Building materials Asbestos
Roof type Composition
Listing Agency: John Herrig Realty
Listed By: John Herrig · License #IL, WI
Added: Apr 10 Changed: Aug 27 Last Checked: Aug 29 at 7:06PM
MLS# 154341

Copyright © 2026 East Central Iowa 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 four-unit residential property contains 3,252 square feet and was built in 1911. Each apartment has two bedrooms, one bathroom, a range, refrigerator, and laundry hookups. A full basement provides additional building utility space, while forced-air heating serves the property through four separate furnaces.

Individual electric meters support separate electrical billing, and tenants pay their own heat, electric, and cable costs. The owner pays water and trash service. The building has a composition roof, on-street parking, and M R3 zoning. Located at 697 Caledonia Place in Dubuque, the property is offered for sale with 24-hour notice required for showings.

Key Highlights

  • Four‑unit building with 3,252 square feet
  • Each unit includes 2 bedrooms and 1 bathroom
  • Four separate furnaces and electric meters

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Garden Center (Bike/Boat/Book/etc) Store Butcher Storage Facility

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,958
Businesses Nearby

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

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?
Quadplex - Four residential units offer two-bedroom layouts, individual furnaces, electric meters, and laundry hookups.
Where is this quadplex located?
The property is located at 697 Caledonia Place Dubuque, IA.
What is the asking price?
The asking price for this property is $208,000.
What are key features of this property?
This property features: Four‑unit building with 3,252 square feet; Each unit includes 2 bedrooms and 1 bathroom; Four separate furnaces and electric meters
More about this property
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