515-525 S COLLEGE ST, Sioux City, IA 51106
515-525 S COLLEGE ST, Sioux City, IA 51106
515-525 S COLLEGE ST, Sioux City, IA 51106
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$960,000
Est. payment /mo
14 Beds
12 Baths
6,526 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Unit

Listing Status Active

Purchase Type For Sale

Square Footage 6,526 sqft

Price per Sqft $147

MLS Listing ID 833617

Bedrooms 14

Full Baths 12

Year Built 1976

Annual Tax Amount $36

Tax Year 2024

Lot Size 0.560 Acres

Acres 0.56

Property Sub-Type Multi-Unit

Property Description

12-unit multifamily investment offered at $960,000 ($80,000/unit), generating $66,748 in NOI. The property is 100% occupied. Built in 1976 across two stories, the unit mix includes four 2BR/1BA and eight 1BR/1BA units, with 7 of 12 already updated, leaving the remaining five as a clear value-add runway for a new owner. Amenities include ample on-site parking, washer/dryer hookups, and central air. Located in a stable South Side Sioux City submarket with strong long-term tenant demand.

Location

State IA

County Woodbury

Area Mside North

Zoning com

Multi-Unit Info

Total Units 12

Unit 1 Information SqFt: 700; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 2 Information SqFt: 700; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 3 Information SqFt: 700; Bedroom: 1; Bathroom: 1; FullBath: 1

Unit 4 Information SqFt: 700; Bedroom: 1; Bathroom: 1; FullBath: 1

Building

Sewer City

Water City


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Listed by Gateway Real Estate Advisors

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Michelle Maloney

Michelle Maloney

+1(605) 677-9006

Broker | License ID: 14315

Broker License ID: 14315

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