Ready to expand your investment portfolio? Look no further than 2535 Central Avenue! This 19 unit property, formerly a grade school, boasts of an attractive architectural 1920s exterior and now offers charming apartments. This apartment building has its own parking lot and the grassy lot to the south of the property is prime for further development. The driveway at the edge of this part of the land also belongs to the property. Take the plunge into this asset that nets over $100,000 per year!
For sale
$1,075,000
2535 Central Ave, Dubuque, IA 52001
9beds
7baths
17,136sqft
Est.:
5 OR MORE UNITS
Built in 1920
-- sqft lot
$-- Zestimate®
$63/sqft
$-- HOA
What's special
Charming apartmentsOwn parking lot
- 219 days
- on Zillow |
- 478 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: March 17, 2025 at 09:44am
Listed by:
Susan Swift 563-580-8935,
Ruhl & Ruhl Realtors
Source: East Central Iowa AOR,MLS#: 150396

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Basement: Full
Interior area
- Total structure area: 17,136
- Total interior livable area: 17,136 sqft
- Finished area above ground: 11,424
Property
Parking
- Parking features: Off Street
Lot
- Size: 0.53 Acres
Details
- Parcel number: 1013377034
- Zoning: R3+
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: 5 OR MORE UNITS
Materials
- Brick
- Foundation: Rock
- Roof: Asp/Composite Shingle
Condition
- Year built: 1920
Utilities & green energy
- Gas: Gas
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Dubuque
Financial & listing details
- Price per square foot: $63/sqft
- Price range: $1.1M - $1.1M
- Date on market: 9/19/2024
- Listing terms: Cash,1031 Exchange,Financing
- Total actual rent: 4325
- Tenant pays: Electricity, Heat
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