Great First-Time Investment Opportunity! This fully rented duplex near the Bee Branch walking path is a smart start for any new investor. Both units—a spacious 2-bedroom and a 3-bedroom—are currently leased and generating solid cash flow from day one. With large rooms and off-street parking, the property offers strong tenant appeal. The 3-bedroom unit is currently rented under market value and could easily bring in $900/month, increasing the cap rate to nearly 9%. A turn-key investment with upside potential on a quiet street!
For sale
Price cut: $5K (8/5)
$145,000
2274 Washington St, Dubuque, IA 52001
5beds
2baths
2,494sqft
Est.:
Duplex
Built in 1880
-- sqft lot
$139,800 Zestimate®
$58/sqft
$-- HOA
What's special
Off-street parkingLarge rooms
- 25 days
- on Zillow |
- 435 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 09:47am
Listed by:
Rose Bowen-Conlon cell:563-451-7588,
Keller Williams Legacy Group
Source: East Central Iowa AOR,MLS#: 152569

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Radiant, Other
Cooling
- Window Unit(s)
Appliances
- Included: Refrigerator, Range
Features
- Basement: Full
Interior area
- Total structure area: 2,494
- Total interior livable area: 2,494 sqft
- Finished area above ground: 2,494
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
Details
- Parcel number: 1013460029
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Asp/Composite Shingle
Condition
- Year built: 1880
Utilities & green energy
- Gas: Gas
Community & HOA
Location
- Region: Dubuque
Financial & listing details
- Price per square foot: $58/sqft
- Tax assessed value: $84,900
- Annual tax amount: $1,186
- Date on market: 7/17/2025
- Listing terms: Cash,Financing
- Total actual rent: 1555
- Tenant pays: Gas, Electricity
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