2535 Central Avenue, Dubuque, IA 52001

Local realty services provided by:CENTURY 21 Signature Real Estate
2535 Central Avenue,Dubuque, IA 52001
$1,050,000
  • - Beds
  • - Baths
  • 17,136 sq. ft.
  • Multi-family
  • Active
Listed by: marcus anderson
Office: equity real estate group llc.
MLS#:154699
Source:IA_DBOR

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$61.27

About this home

Located in the heart of Dubuque, 2535 Central Ave presents an outstanding opportunity to acquire a cash-flowing 19-unit multifamily property with major capital improvements already completed. This investment property has seen extensive updates throughout the building, helping reduce future maintenance costs while increasing long-term efficiency and tenant appeal. All units feature electric baseboard heat installed in 2022, allowing tenants to pay their own electric expenses, with the exception of Unit #5 which remains tied to the house account. Landlord expenses are limited to trash, water, and common area electric. The property also features coin-operated laundry, providing an additional income stream for ownership. Recent improvements include new windows throughout the building in 2023, new water lines throughout the building in 2024, and a new roof completed in 2021. Additional upgrades over the years include a new forced air gas furnace with ductwork in the basement, replacement...

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Home facts

  • Year built:1920
  • Listing ID #:154699
  • Added:1 day(s) ago
  • Updated:May 23, 2026 at 04:44 AM

Rooms and interior

  • Kitchen Description:Range, Refrigerator
  • Basement Description:Full
  • Living area:17,136 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1920
  • Building area:17,136 sq. ft.
  • Construction Materials:Brick
  • Foundation Description:Rock

Schools

  • High school:S. Hempstead
  • Middle school:Jefferson Jr High
  • Elementary school:Eisenhower

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$61.27

Features and amenities

  • Appliances:Range, Refrigerator
  • Amenities:Laundry, Smoke Detectors