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Property summary
This 8-unit apartment building in Solon, Iowa presents a compelling value-add investment opportunity. Located at 230 S Dubuque St, this two-story, 6,400 square foot building sits on a 0.22-acre lot and boasts 100% occupancy. Built in 1908, the property is classified as a Class B multifamily investment and offers eight spacious units, each with two bedrooms and one bathroom, totaling 800 square feet. The building features four units on each floor, and includes eight parking spaces. One unit… has undergone a complete remodel, while the remaining units are in excellent condition. The property's strong rental history is reflected in its Net Operating Income (NOI) of $59,018, resulting in a 7.62% capitalization rate. The asking price is $775,000, or $96,875 per unit. The property is zoned RES and is not subject to a ground lease. This property offers significant potential for increased profitability through further renovations and strategic property management. The central Solon location provides convenient access to local amenities and services. This is an exceptional opportunity for investors seeking a stable, high-performing asset with significant upside potential.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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