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401 S Iowa Street Dodgeville, WI 53533 • Multi Unit - Multiple • Active

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Description

Classic Second Empire-style 6-unit investment property offering character and excellent income potential. The unfinished third story presents an opportunity to create additional living space for rental income (subject to buyer verification and local approvals). Coin-operated laundry in the basement provides additional revenue. Two units have recently been refreshed and are vacant, giving the new owner an opportunity to set market rents. The majority of the roof has been replaced. All current tenants are on month-to-month leases, allowing flexibility for future plans. Parcel 216-0116 is not included in the sale; however, the purchaser will have the first opportunity to buy that parcel should it become available in the future.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Iowa
High School: Dodgeville
Subdivision: Burrall's Addition
Listed By:
Potterton Rule Real Estate LLC Off: 608-935-2396
SCWMLS

Units

Unit 1:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Unit 2:
Bedrooms: 2
Full Baths: 1
Parking Description: 1 Space
Unit 3:
Bedrooms: 1
Full Baths: 1
Parking Description: 1 Space
Unit 4:
Bedrooms: 1
Full Baths: 1
$525,000
Est. $3,539/mo

Listing Courtesy of: Potterton Rule Real Estate LLC
Agency Contact: Off: 608-935-2396
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Active
BEDS0 BATHS MLS#2029259
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBurrall's Addition SCHOOLDodgeville
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Shown By

Sandy Huizenga
 (563) 321-7996

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401 S Iowa Street, Dodgeville, WI 53533.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $525,000$525,000$525,000
Down Payment $105,000$18,375$131,250
Monthly Mortgage Amount $2,655$3,258$3,296
Taxes $731$731$731
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$231$0
Monthly Estimated Total $3,539$4,373$4,180

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/11/2026. The listing information on this page last changed on 09/11/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/11/2026 12:02:50 AM EST) or MRED MLS (last updated Thu 09/10/2026 11:58:24 PM EST) or SCWMLS (last updated Thu 09/10/2026 11:55:20 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 09/10/2026 10:20:06 PM EST) or Cedar Rapids MLS (last updated Thu 09/10/2026 10:44:47 PM EST) or NEIRBR MLS (last updated Thu 09/10/2026 11:58:52 PM EST) or ICAAR MLS (last updated Thu 09/10/2026 11:37:38 PM EST) or ECIMLS (last updated Thu 09/10/2026 11:44:44 PM EST) or RMLSA (last updated Fri 09/11/2026 12:01:09 AM EST) or Muscatine MLS (last updated Fri 09/11/2026 12:00:19 AM EST) or No Coast MLS (last updated Thu 09/10/2026 11:54:34 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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