515-525 S College St, Sioux City, IA, 51106
About This Home
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.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1976
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 14
- Bathrooms: 12
- Full bathrooms: 12
Features
- Finished area below ground: 0
- Finished area above ground: 1
Interior Area
- Total structure area: 6,526
- Total interior livable area: 6,526 sqft
Property
Details
- Parcel number: 19193894734252016
- Zoning: com
- Zoning description: com
Lot
- Lot size: 0.56 Acres
Parking
- Total spaces: 12
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Winter Weather
- Hail
- Heat Wave
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,854 | $58,248 |
| Home Insurance * | $758 | $9,096 |
| Property Taxes | $1,112 | $13,344 |
| Electricity | $486 | $5,841 |
| Total | $7,210 | $86,520 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-04 | Pending sale | $960,000 |
| 2026-07-01 | Listed for sale | $960,000 |
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