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Sold for $200,000
  • $200,000

    2937 Avenue A, Council Bluffs, IA 51501

    4beds
    2baths
    1,638sqft
    Multi Family
    Built in 1945
    -- sqft lot
    $206,000 Zestimate®
    $122/sqft
    $1,154 Estimated rent

    Home value

    $206,000

    $175,000 - $243,000

    $1,154/mo

    Zestimate® history
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    What's special

    Investors Low Risk, High Convenience: Fully stabilized income and management handle day-to-day responsibilities Strong Location Dynamics: Council Bluffs' tight rental supply and close proximity to Omaha enhance both rental income and appreciation potential Immediate Cash Flow: Generates solid income from day one—no downtime, no rehab required Portfolio Value: Desirable for both seasoned investors and those building assets with a reliable rental history This investment opportunity ticks all the boxes for a savvy investor seeking turnkey ease, immediate returns, and location-driven value. With an excellent tenant already in place, professionally managed systems, and proximity to thriving urban centers, this property stands out as a worry-free addition to any portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Shane Baker 712-310-7475,

    Evolve Realty

    Bought with:

    Jeremy M Harper, B70308000

    Evolve Realty

    Source: SWIAR,MLS#: 25-1760

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Stove, Washer, Dryer
    Interior area
    • Total structure area: 1,638
    • Total interior livable area: 1,638 sqft

    Property

    Lot
    • Size: 5,227 Square Feet
    • Dimensions: .12 acers
    Details
    • Parcel number: 7544 27 383 001

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Concrete
    Condition
    • Year built: 1945

    Community & HOA

    Location
    • Region: Council Bluffs

    Financial & listing details

    • Price per square foot: $122/sqft
    • Tax assessed value: $165,900
    • Annual tax amount: $3,018
    • Date on market: 8/20/2025
    • Listing terms: Contract,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/17/2025Sold$200,000-2.4%$122/sqft
    Source: SWIAR #25-1760 Report a problem
    8/24/2025Pending sale$205,000$125/sqft
    Source: SWIAR #25-1760 Report a problem
    8/20/2025Listed for sale$205,000+86.4%$125/sqft
    Source: SWIAR #25-1760 Report a problem
    11/2/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/27/2023Listed for rent$1,700$1/sqft
    Source: Zillow Rentals Report a problem
    7/10/2023Sold$110,000-12%$67/sqft
    Source: SWIAR #23-937 Report a problem
    6/16/2023Pending sale$125,000$76/sqft
    Source: NP Dodge Real Estate #23-937 Report a problem
    6/15/2023Contingent$125,000$76/sqft
    Source: SWIAR #23-937 Report a problem
    6/9/2023Listed for sale$125,000+19%$76/sqft
    Source: SWIAR #23-937 Report a problem
    2/17/2023Sold$105,000-4.5%$64/sqft
    Source: SWIAR #23-44 Report a problem
    1/16/2023Pending sale$110,000-8.3%$67/sqft
    Source: SWIAR #23-44 Report a problem
    1/10/2023Listed for sale$120,000$73/sqft
    Source: SWIAR #23-44 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,018 +37.1%$165,900 +10.7%
    2024$2,202 +2.1%$149,800 +35.6%
    2023$2,156 +2%$110,500 +22.6%
    2022$2,114 +6.2%$90,100
    2021$1,990 +0.5%$90,100 +13%
    2020$1,980 +19.9%$79,700
    2019$1,652 +2%$79,700 +24.1%
    2018$1,620 -1.1%$64,245
    2017$1,638 +2.2%$64,245
    2015$1,602 -0.1%$64,245
    2014$1,604 $64,245
    2013-- $64,245
    2012-- $64,245
    2011-- $64,245 -5%
    2010-- $67,627
    2009-- $67,627 +8%
    2006$1,236 $62,618 +12%
    2002-- $55,909
    2001-- --
    2000$1,006 $27,140
    Find assessor info on the county website

    Neighborhood: West End

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hoover
    • Middle: Gerald W Kirn
    • High: Thomas Jefferson

    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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    With Zillow Showcase(estimated)
    $210,120