1251 Walnut Street

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1251 Walnut Street

Dubuque, IA 52001
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Dubuque, Iowa.
  • The property at 1251 Walnut Street comprises two individual units.
  • Dubuque maintains a stable economic base near the Mississippi River.
  • Asset suitable for long-term residential rental income investment strategies.
  • Located in an established neighborhood within the 52001 zip code.

What's Special

Investors seeking to expand their residential portfolio in Dubuque, Iowa, should consider this multifamily apartment building for sale. The asset is situated at 1251 Walnut Street, 52001, and contains two units. This property is well-suited for buyers looking to acquire a manageable residential holding in the growing Dubuque market, which serves as an economic hub for the tri-state area along the Mississippi River. The city maintains a stable population and a diverse economy anchored by healthcare, education, and manufacturing sectors. Prospective owners can utilize this asset for long-term rental income strategies, capitalizing on the demand for residential housing near the downtown corridor. The building provides a functional footprint for small-scale operations while contributing to the local housing supply in an established neighborhood. Its proximity to major thoroughfares ensures connectivity across the region for tenants, enhancing the long-term desirability of the investment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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