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Sold for $275,000
  • $275,000

    1029 4th Ave, Council Bluffs, IA 51501

    4beds
    3baths
    2,354sqft
    Triplex
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $117/sqft
    $1,430 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,430/mo

    Zestimate® history
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    What's special

    This tri-plex investment property has seen considerable updates both inside and out. Most recently the roof and siding were replaced in 2024, majority of the windows have been replaced with vinyl windows as well. Unit interiors have also seen considerable updates with modern durable finishes that look great and wear well. Current rents are $1200, $1068 and $1034 per month and net income after all expenses estimated at $28,332 for 2024 making this offering a 9.44% CAP! Investors should jump on this stabilized, updated, turn-key investment while it's available as opportunities for great returns like this are few and far between.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Hanwright 402-516-6670,

    Heartland Properties,

    Hanwright-Edwards Group 712-326-1223,

    Heartland Properties

    Bought with:

    Mark Hanwright, B61001000

    Heartland Properties

    Source: SWIAR,MLS#: 24-2466

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Range, Washer - Coin, Dryer - Coin
    Interior area
    • Total structure area: 2,354
    • Total interior livable area: 2,354 sqft

    Property

    Lot
    • Size: 8,019 sqft
    • Dimensions: 81x99
    Details
    • Parcel number: 7544 36 151 016

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Roof: Composition
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Council Bluffs

    Other

    Other facts
    • Listing terms: Contract,Conventional

    Price history

    DateEventPrice
    5/14/2026Listed for sale$300,000+9.1%$127/sqft
    Source: Owner Report a problem
    3/31/2025Sold$275,000-8.3%$117/sqft
    Source: SWIAR #24-2466 Report a problem
    2/28/2025Pending sale$300,000$127/sqft
    Source: SWIAR #24-2466 Report a problem
    12/26/2024Listed for sale$300,000$127/sqft
    Source: SWIAR #24-2466 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bloomer
    • Middle: Gerald W Kirn
    • High: Abraham Lincoln

    Source: SWIAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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