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Off market
  • $711,800

    1406 McPherson Ave, Council Bluffs, IA 51503

    --beds
    0baths
    4,246sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $711,800 Zestimate®
    $168/sqft
    $1,052 Estimated rent

    Home value

    $711,800

    $634,000 - $797,000

    $1,052/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,052/mo

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    $1,052/mo

    Rent Zestimate®

    Refinance and save

    $3,822/mo

    Est. payment

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    $3,822/mo

    Est. payment

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    What's special

    This meticulously maintained property is a turnkey investment! The 5 duplexes are situated on a quiet wooded lot giving the tenants a serene and peaceful place to call home. Each of the buildings has newer roof, as well as low maintenance vinyl siding, & windows The units have been tastefully updated with newer cabinetry, nice kitchen appliances, fresh floor coverings and modern full baths. Not only is this a turn key investment, the cash flows are impressive as well. Due to the close care and attention of the current owner maintenance expenses are low and vacancy is virtually non-existent. You could increase revenues by swapping the currently free laundry facilities out for coin-operated machines, building storage spaces in the two unfinished basements, or leasing out the garage.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Gas
    Cooling
    • Other
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Interior area
    • Total interior livable area: 4,246 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Council Bluffs

    Financial & listing details

    • Price per square foot: $168/sqft

    Price history

    DateEventPrice
    7/30/2021Sold$586,000+0.2%$138/sqft
    Source: SWIAR #21-1223 Report a problem
    7/2/2021Pending sale$585,000$138/sqft
    Source: SWIAR #21-1223 Report a problem
    6/30/2021Listed for sale$585,000$138/sqft
    Source: SWIAR #21-1223 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 51503

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: College View
    • Middle: Gerald W Kirn
    • High: Abraham Lincoln
    • District: Council Bluffs

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

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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $711,800
    2% more
    +$14,236
    With Zillow Showcase(estimated)
    $726,036