703 Caledonia Place, Dubuque, IA 52001

Local realty services provided by:CENTURY 21 Signature Real Estate
703 Caledonia Place,Dubuque, IA 52001
$255,000
  • - Beds
  • - Baths
  • 3,788 sq. ft.
  • Multi-family
  • Active
Listed by: hunter lisk
Office: ruhl & ruhl realtors
MLS#:155154
Source:IA_DBOR

Price summary

  • Price:$255,000
  • Price per sq. ft.:$67.32

About this home

Attention investors and house-hackers! This large, well-maintained two-story duplex is a turnkey property, boasting a stellar cap rate over 9% and easily hitting the 1% rule. With one unit currently vacant and primed for immediate market-rate optimization or an owner-occupant, the real potential is the fully finished, bonus 3rd unit in the attic (1 bed, 1 bath). While not currently zoned by the city as a traditional triplex, this bonus space presents an incredible opportunity to maximize your returns as a high-yielding Airbnb/short-term rental or to serve as the ultimate owner’s quarters. Don't miss this rare chance to acquire timeless historic charm; the perfect choice to launch your very first investment or add a powerhouse asset to your growing real estate portfolio.

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Home facts

  • Year built:1911
  • Listing ID #:155154
  • Added:17 day(s) ago
  • Updated:July 24, 2026 at 06:38 PM

Rooms and interior

  • Kitchen Description:Range, Refrigerator
  • Basement Description:Full
  • Living area:3,788 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1911
  • Building area:3,788 sq. ft.
  • Construction Materials:Wood
  • Foundation Description:Rock
  • Levels:2 Story

Schools

  • High school:Dubuque Senior
  • Middle school:Washington Jr High
  • Elementary school:Lincoln

Finances and disclosures

  • Price:$255,000
  • Price per sq. ft.:$67.32

Features and amenities

  • Appliances:Range, Refrigerator
  • Amenities:Smoke Detectors