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    206 3rd St Burlington, IA 52601-5332
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    Property profile & analytics

    206 3rd St, Burlington, IA 52601-5332

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    • High-rise multifamily apartments
    • 106,305 SF
    • 0.33 lot acres
    Off-Market
    Property ID
    US25-0265755
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $6,635,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mumma Films // Destination Wedding Videographer / Wedding Service
    • The Burlington Apartments / Apartment Building
    • The Main Line Restaurant / Restaurant
    • Bledsoe Premier Home Health Care / Home Health Care Service
    • Aspen Property Management / Property Management Company

    Property Details for 206 3rd St

    Year built
    1911
    Lot size
    0.33 lot acres
    Zone code
    C3
    Property type
    High-rise multifamily apartments
    APN
    16-04-105-008
    APU
    1604105008

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 8, 2016 — Historic Burlington LLC — Deed · related $3.1M · Pillar Multifamily
    Dec 21, 2012 $1,150,000 Historic Burlington LLC Tritex R/e Advisors II INC Grant Deed $1.4M · Cedar Rapids Bank & Trust Co
    Apr 22, 2011 — Real Est Advisors Tritex II Federal Natl Mtg Assn Fnma Grant Deed —
    Apr 22, 2011 $2,490,327 Federal Natl Mtg Assn Fnma Sheriff Of Des Moines County Trustees Deed · related —
    — — Historic Burlington LLC — Deed Of Trust · related $1.8M · Cedar Rapids Bk&tr
    — — Historic Burlington LLC — Loan Modification · related $1.5M · Cedar Rapids Bank & Trust Co
    — — Historic Burlington LLC — Deed Of Trust · related $3.1M · Pillar Multifamily

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,804,000
      Market price range: $5.80M - $14.7M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $10,540,000
      Current use
      COMMERCIAL (GENERAL)
      $9,810,000
      Change: -7% Conversion: Moderate
      RESTAURANT
      $8,890,000
      Change: -16% Conversion: Difficult
      OFFICE BUILDING
      $8,485,000
      Change: -20% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Des Moines
    State
    Iowa
    Longitude
    -91.1026
    Latitude
    40.8093
    CBSA code
    15460
    CBSA name
    BURLINGTON, IA-IL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $65,128
    $21,300
    $3,112,600
    $3,133,900
    -
    $21,300
    $3,112,600
    $3,133,900
    More about this property
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