1251 Walnut Street
MLS ID #154439
Asking: $229,900
Type: Duplex
Address: 1251 Walnut Street
City: Dubuque
State: IA
ZIP: 52001
Area: Dubuque Area
Class: Multi-family
County: Dubuque
General Information
# Units: 2
Garage Capacity: N/A
Garage Type: None
Year Built: 1896
Est Sq Ft Main Lvl: 1,042
Est Sq Ft Upper Lvl: 1,042
Est Sq Ft Lower Lvl: N/A
Total Finished Sq Ft: 2,084
Parcel ID: 1024354020
Lot Size: 50x150
Yr Rents: $28,800
Yr Gross: $28,800
Yr Other: $N/A
Expenses Insurance: $1884.60
Expenses Management: $N/A
Expenses Taxes: $2339.64
Expenses Maintenance: $700
Expenses Vacant: $N/A
Expenses Utilities: $N/A
Expenses Other: $N/A
Est. Total Expenses: $700
Est. Net Income: $28,100
Unit 1 Rooms: 6
Unit 1 Bedrooms: 3
Unit 1 Baths: 1
Unit 1 Rent: $1200
Unit 2 Rooms: 6
Unit 2 Bedrooms: 3
Unit 2 Baths: 1
Unit 2 Rent: $1200
Unit 3 Rooms: N/A
Unit 3 Bedrooms: N/A
Unit 3 Baths: N/A
Unit 3 Rent: $N/A
Unit 4 Rooms: N/A
Unit 4 Bedrooms: N/A
Unit 4 Baths: N/A
Unit 4 Rent: $N/A
Unit 5 Bedrooms: N/A
Unit 5 Baths: N/A
Unit 5 Rent: $N/A
Unit 6 Bedrooms: N/A
Unit 6 Baths: N/A
Unit 6 Rent: $N/A
Unit 7 Bedrooms: N/A
Unit 7 Baths: N/A
Unit 7 Rent: $N/A
Features
Style: 2 Story
Siding: Aluminum, Vinyl
Roof: Asp/Composite Shingle
Foundation: Rock
Basement: Full
Owner Pays: None
Tenant Pays: Gas, Water, Electric, Heat, Trash
Appliances: Refrigerator, Range, Dishwasher, Microwave, Disposal, Washer, Dryer
Cooling: Central Air
Fuel Type: Gas
Heat Type: Forced Air
Parking: Off Street, On Street
Terms: Cash, Financing
Description
LISTEN UP INVESTORS..... 1251 Walnut St is an excellent turn-key investment opportunity in a prime location! This up/down duplex features two spacious units, each offering 3 bedrooms, 1 full bath, and laundry in each unit making it highly desirable for tenants. Both units have been well maintained and consistently rented, with current rents reflecting strong, fair market value. Investors will appreciate the simplicity of ownership, with taxes, insurance, and lawn care as the primary expenses. Each unit offers both front and back entrances, along with enclosed porches that add extra charm and functional space for tenants to enjoy. The property also presents an opportunity to add off-street parking, creating even more value and appeal down the road. Perfectly situated with great views of downtown and Loras College, and conveniently located near hospitals and other area colleges. This property continues to attract reliable tenants year after year. Whether you’re looking to expand your portfolio or step into investment property ownership, this duplex is a solid, income-producing opportunity you won’t want to miss! Call your favorite realtor today. 24 hour notice to show.
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