515-525 COLLEGE ST S, Sioux City,
IA 51106

MLS # 833617

$960,000

  • N/A
  • 1
  • 6526
  • Active

General 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.

Legal: CB RUSTIN & CO S 241 FT E 166 FT EX N 186 FT S 191 FT E 83 FT BLK 31
Status: Active

Property Information

833617

$960,000

515-525 S COLLEGE ST

Mside North

Sioux City

Woodbury

IA

Sale

Multi-Unit

6526

21

1976

1

51106

36

LISTED BY

Gateway Real Estate Advisors, Nic Madsen (712.540.6562) & Gateway Real Estate Advisors, Emmaily Kurth (712.541.9810)

PROPERTY LOCATION

MORTGAGE CALCULATOR

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Cassie Chilton - REALTOR ®

Cassie Chilton

REALTOR ®

Jeff Carlson - BROKER/OWNER

Jeff Carlson

BROKER/OWNER

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

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Price Decreased(418)

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