230 S Dubuque St - Multi-Family FOR SALE


Solon, IA 52333
$750,000 USD
319-321-7199
230 S Dubuque St, Solon, IA for Sale
$750,000 USD
Multi-Family - FOR SALE
1/20
null | 7.67% Cap Rate

230 S Dubuque St
Solon, IA 52333


OVERVIEW

Situated in the heart of Solon, this 8-plex has a strong rental history and excellent growth potential. Three of the units have been fully remodeled, while the remaining units are in great condition. The building consists of four units on the main floor and four on the second floor, each featuring two bedrooms and one bathroom, spanning a generous 800 square feet. Roof fully replaced, including the brick veneer, in 2020. Exterior freshly painted in 2025.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

8

PRICE/UNIT

$93,750

CAP RATE

7.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Solon Iowa 8 Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0224377002

ASK ABOUT THIS PROPERTY

Matthew LepicLepic-Kroeger, RealtorsMore Info
319-321-7199

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Matthew LepicLepic-Kroeger, RealtorsMore Info
319-321-7199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.