This stoic, red-brick 3-story building features an extra lot, 3 balconies and 6 garages. NOI is $32,544 and CAP rate is 8.67%. This property includes a vacant lot on the downhill side of the building. It has been lead base paint abated. Updates: 2022 replaced all galvanized water lines; 2021 insulated basement entryways; 2020 new electrical service to building, new breaker boxes, and new meters; 2018 new water heaters and sidewalks; 2016-2020 new heating in units 1,2, & 4; 2017 new garage roof with 50-year shingles; 2015 replaced 1/2 of roof; 2012 new 3-story deck. This property is being sold either individually or as part of a discounted bundle of 5 apartments with a sum total SAVINGS of $125,000!
Great cash flow in this solid 3 story brick 6 plex. Separate utilities paid by Tenant. Newer windows, appliances & painting in each unit. 6 car detached garage with newer siding and doors for off street private parking. Back porches have all been updated. Property has been lead abated. One of the best investment properties you will find on today's market netting high return.
Year
Property tax
Land + Additions
Assessment*
2026
$4,074 (+4.5%)
$70,200 + $230,700
$300,900
2025
$3,900 (+3.0%)
$70,200 + $230,700
$300,900
2024
$3,786 (−2.0%)
$70,200 + $230,700
$300,900
2023
$3,862 (−11.5%)
$49,600 + $221,600
$271,200
2022
$4,364 (−9.0%)
$49,600 + $221,600
$271,200
2021
$4,794 (−7.0%)
$49,560 + $174,450
$224,010
2020
$5,154 (+12.7%)
$49,560 + $174,450
$224,010
2019
$4,574 (−5.5%)
$49,560 + $174,450
$224,010
2018
$4,840 (−7.4%)
$49,560 + $174,450
$224,010
2017
$5,224 (−5.8%)
$41,300 + $145,380
$186,680
2015
$5,548
$41,300 + $145,380
$186,680
Tax history for 625 Rhomberg Ave
Year
Property tax
Land + Additions
Assessment*
2026
$4,074 (+4.5%)
$70,200 + $230,700
$300,900
2025
$3,900 (+3.0%)
$70,200 + $230,700
$300,900
2024
$3,786 (−2.0%)
$70,200 + $230,700
$300,900
2023
$3,862 (−11.5%)
$49,600 + $221,600
$271,200
2022
$4,364 (−9.0%)
$49,600 + $221,600
$271,200
2021
$4,794 (−7.0%)
$49,560 + $174,450
$224,010
2020
$5,154 (+12.7%)
$49,560 + $174,450
$224,010
2019
$4,574 (−5.5%)
$49,560 + $174,450
$224,010
2018
$4,840 (−7.4%)
$49,560 + $174,450
$224,010
2017
$5,224 (−5.8%)
$41,300 + $145,380
$186,680
2015
$5,548
$41,300 + $145,380
$186,680
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
3
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
1898
Sq. Ft.
6,480
Year built
1898
Style
Other
County
Dubuque County
APN
1013487012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 2, 2026.
R-2A
Alternate Two-Family Residential District
The R-2A district is intended to provide for the protection of certain older areas of the community developed principally as single-family and two-family uses. Characteristics of the R-2A district are: smaller than average lot widths and area, established building lines much closer to the public right of way and required setback lines, and/or greater lot coverage than allowed in the more recent developing areas where such requirements can be provided. The R-2A district is intended to be located in those areas displaying one or more of the above characteristics. The purpose of this district is to stabilize and preserve the residential character of existing areas through the establishment of bulk regulations in conformity with existing conditions.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Recreation
Golf related
Cemetery
Nov 20, 2024 • Active
Plumbing
Install a new toilet, bathtub, and vanity.
Bathroom
Plumbing
May 28, 2024 • Active
Electrical
Install electrical wiring for a laundry room.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 6
Parking Features: Detached, Off Street
Other Parking: Off Street
Interior
Heating & Cooling
Cooling: None
Has Heating
Heating: Forced Air, Natural Gas
Interior Features
Appliances: Refrigerator, Range
Room Information
Has Basement
Basement Details: Full
Exterior
Exterior Features
Roof: Rubber
Building Information
Above Grade Finished Area: 6,480
Levels: Two
Construction Materials: Brick
Foundation Details: Stone
Property Information
Property Type: Residential Income
Property Sub Type: Apartment
Raw Mls Property Sub Type: Apartment
Lot Information
Lot Size Dimensions: .32acres
Zoning: R3
Location
Unit Type 1 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $700
Unit Type 2 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $495
Unit Type 4 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $475
Unit Type 5 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $700
Unit Type 6 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: 700.0
Unit Type 7 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Actual Rent: $650
Schools Information
Elementary School: Audubon
Middle Or Junior School: Jefferson Jr High
High School: S. Hempstead
Location Information
Subdivision Name: LOT 33 & LOT 1-34 COOKS ADD
Public facts
Beds: —
Baths: —
Sq. Ft.: 6,480
Stories: 3.0
Lot Size: 0.32 acres
Style: Other
Year Built: 1898
Year Renovated: 1898
County: Dubuque County
APN: 1013487012
Home facts updated by county records on Nov 2, 2026
Around this home
Schools
K - 12
Preschool & daycare
Audubon Elementary School
Public PreK-5 • Assigned • 0.1mi
4/10
Thomas Jefferson Middle School
Public 6-8 • Assigned • 0.4mi
3/10
Hempstead High School
Public 9-12 • Assigned • 3.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 11-17% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Dubuque, IA • 52001
Average low and high temperatures (°F)
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57
66
49
49
34
34
20
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
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