Listing provided courtesy of Keller Williams Legacy Group- MLS# 155072MLS Provider

2555 Central AvenueDubuque, IA 52001

Multi-Family · 3,690 Sq. ft.
$340,000 ACTIVE

2555 Central Avenue Overview

Time on Site:
5 days
Visits:
0

Excellent investment opportunity! This well-maintained 6-unit apartment building is a fantastic addition to any investment portfolio. The property features two 2-bedroom units and four 1-bedroom units, all of which are currently fully rented, and have been generating an annual gross rental income of $52,872. Tenants are responsible for their own electric service, while the owner pays water, sewer, and exterior/common area electric. With stable occupancy, a solid rental history, and consistent cash flow, this income-producing property offers an excellent opportunity for both seasoned investors and those looking to expand their real estate portfolio. Don't miss your chance to own a well-performing multifamily property with reliable income and long-term investment potential!

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2555 Central Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,690
  • Price/Sq.ft. $92

Details

General

School Information

  • Middle Or Junior School: Jefferson Jr High
  • High School: S. Hempstead

Income/Expenses

  • Insurance Expense: 3200
  • Net Operating Income: 44680
  • Operating Expense: 8192

Building Information

  • Year Built: 1923

Location/Region

  • County Or Parish: Dubuque
  • MLS Area Major: DUBUQUE AREA
  • Subdivision Name: LOTS 1-4 & 2-1-5 KIENE &ALTMANS SUB

Rent/Lease Information

  • Tenant Pays: Electricity,Heat

General Information

  • Listing Terms: Cash,Financing
  • Parcel Number: 1013314026
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Zoning: MR R3 M-residential

Interior

Building Interior

  • Above Grade Finished Area: 3690

General Information

  • Appliances: Refrigerator,Range
  • Basement: Full
  • Cooling: Window Unit(s)
  • Foundation Details: Rock
  • Heating: Radiant
  • Levels: Two
  • Living Area: 3690

Exterior

Parking Information

  • Other Parking: On Street
  • Parking Total: 0

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition Shingle

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 825
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 730
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 850
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 695
  • Beds Total: 1
  • Baths Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Actual Rent: 650
  • Beds Total: 1
  • Baths Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Actual Rent: 656
  • Beds Total: 1
  • Baths Total: 1

Unit 7 Details

  • Unit Type: Unit 7

2555 Central Avenue Neighborhood

Community

52001 (DUBUQUE) Demographics

36
Median Age
1,480
Population Density (per sq. mile)
36%
College Educated
$51,625
Estimated Median Income
11,084
Estimated Total Home Owners
6,558
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2555 Central Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2555 Central Avenue Market Data

Based on the last 30 days in this zip code

$273,824
Average List Price
$149
Average Price per Square Foot
47
Properties Sold
82
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

2555 Central Avenue History

Date Event Value Agent
6/24/2026Source: East Central Iowa MLS Added to Database
June 24, 2026