2901 Central Ave, Dubuque, IA, 52001
About This Home
Check out these GORGEOUS investment properties now available to add to your portfolio! Complete with 2 Large 3 Story Buildings totaling 28 Units plus a large parking lot with 40 plus spaces! These buildings have been completely renovated and remodeled all the way through, including all new water lines, new sewer lines, new electrical, new HVAC, new framing, new insulation, new windows, new plumbing, new roof, all new luxury cosmetics including, trim, doors, cabinets, appliances, light fixtures, plus a full sprinkler system and alarm system for both buildings! The apartments have a mix of 3 bedroom (3 units), 2 bedroom (16 Units), and 1 bedroom (7 units) plus two efficiency apartments to accommodate any size of tenants. All units are equipped with their own private laundry. Rent amounts vary from 600 to 1640 per month depending on size of unit. Currently 27 units are occupied with only 1 vacancy. Rents total approximately $30,500 per month when fully occupied. This property has a consistent rental history with a great cash flow for a potential investor. Buildings are completely code compliant per the city of Dubuque. Rental Inspections have all recently passed for 18 unit building. Rental Inspection for 10 unit building passed in 2021. Full rent rolls and financials available in associated docs. Old School Building Finished Sq Ft = 23,249. Old Convent Building Finished Sq Ft = 9,560. Tenants pay all utilities in all units. Owner Pays for Trash for buildings and electric for common areas. Sale Includes both 2887 Central and 2901 Central Avenue as well as the attached parking lot!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1896
Materials
- Foundation: Rock
- Roof: Asp/Composite Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: 5 OR MORE UNITS
Interior
Appliances
- Appliances included: Refrigerator,Range,Dishwasher,Washer,Dryer
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 14
- Bathrooms: 8
Features
- Finished area above ground: 25,544
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 32,809
- Total interior livable area: 32,809 sqft
Property
Details
- Parcel number: 1013155016 & 1013155017
- Zoning: M - Residential (MR R3+)
Parking
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $18,446 | $221,352 |
| Home Insurance * | $2,621 | $31,452 |
| Property Taxes | $3,496 | $41,952 |
| Electricity | $2,447 | $29,368 |
| Total | $27,010 | $324,120 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Price change | $3,648,000 |
| 2026-01-15 | Price change | $3,663,000 |
| 2025-10-24 | Listed for sale | $3,700,000 |
| 2020-02-21 | Sold | $100,000 |
| 2019-12-21 | Listed for sale | $100,000 |
| 2013-10-08 | Listing removed | $300,000 |
| 2012-11-05 | Price change | $300,000 |
| 2012-07-07 | Listed for sale | $599,000 |
| 2010-10-03 | Listing removed | $265,000 |
| 2009-11-25 | Listed for sale | $265,000 |
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