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3312 Transit Ave, Sioux City, IA, 51106

7beds
7baths
2,944sqft
$630,000
$214price/sqft
$4,630/moest. monthly cost
$185,200/yrincome needed

About This Home

7-unit multifamily investment offered at $630,000 ($90,000/unit), generating $35,233 in NOI. The property is 100% occupied. Built in 1961 as a single-story building, all units are 1BR/1BA with 7 dedicated off-street parking spaces, coin laundry, and window/central air. The unit interiors present a clear value-add opportunity through targeted renovations to modernize the asset and increase income. Located in an established South Side Sioux City neighborhood near local employment centers and retail corridors. Contact Daniel Stillson for the full offering memorandum and financials.

Getting Around

44
WalkingCar-Dependent
22
TransitMinimal Transit
38
BikeSomewhat Bikeable

Schools

5/10
Spalding Park ElementaryGrades PK-50.9 mi
7/10
East Middle SchoolGrades 6-81.6 mi
5/10
East High SchoolGrades 9-121.8 mi

Construction

Condition

  • Year built: 1961

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 7

Cooling

  • Cooling features: Central Air,Window Unit(s)

Features

  • Finished area below ground: 0
  • Finished area above ground: 1

Interior Area

  • Total structure area: 2,944
  • Total interior livable area: 2,944 sqft

Property

Details

  • Parcel number: 19193884706119003
  • Zoning: com
  • Zoning description: com

Lot

  • Lot size: 10,454 sqft
  • Features: Lawn Sprinkler System,Retaining Wall

Parking

  • Total spaces: 7