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For sale
  • Price cut: $75K (8/21)
    $1,025,000

    301 21st St, Sioux City, IA 51104

    15beds
    9,000sqft
    : 
    $7,504/mo
    Get pre-qualified
    Multi Family
    Built in 1905
    -- sqft lot
    $960,100 Zestimate®
    $114/sqft
    $1/mo HOA

    What's special

    Presenting Grandview Apartments, a prime turnkey investment opportunity in the heart of Sioux City, Iowa. This meticulously maintained four-level apartment building offers a fully leased, income-generating property with 15 one-bedroom units. Each apartment has been recently remodeled with modern finishes and brand-new appliances, making it a hassle-free addition to any investor’s portfolio. Key Features: Turnkey Investment: Fully leased, generating consistent cash flow from Day 1. New Roof: Installed recently, reducing maintenance costs and long-term capital expenditure. Completely Renovated Units: Each unit features contemporary finishes and new appliances, maximizing rental potential and tenant satisfaction. Desirable Location: Centrally located in Sioux City, providing easy access to local amenities, public transportation, and employment centers. Low Vacancy Risk: Strong rental demand in the area, ensuring stable long-term tenancy. Attractive Cap Rate: Positioned for strong returns with the potential for future rent growth. This low-maintenance, high-yield property is perfect for both seasoned investors and those looking to expand their portfolio with a solid, income-producing asset. The combination of recent updates, strong market rents, and full occupancy makes Grandview Apartments a rare find in today’s market. Don’t miss this exceptional investment opportunity! Contact us today for additional details, financials, and to schedule a private showing.
    10 days
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    223
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brandi Jorgensen 605-232-1819,

    J & M Real Estate Group Inc.

    Source: Northwest Iowa Regional BOR,MLS#: 834214MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 15
      • Full bathrooms: 15
      Interior area
      • Total structure area: 9,000
      • Total interior livable area: 9,000 sqft
      • Finished area above ground: 1
      • Finished area below ground: 3,000

      Property

      Lot
      • Size: 3,484 Square Feet
      Details
      • Parcel number: 894721155024
      • Zoning: R3+
      • Zoning description: R3+

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1905

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: Has HOA fee
      Location
      • Region: Sioux City

      Financial & listing details

      • Price per square foot: $114/sqft
      • Annual tax amount: $9,728
      • Price range: $1M - $1M
      • Date on market: 8/14/2026
      • Total actual rent: 139500
      • Tenant pays: Electricity

        Estimated market value

        $960,100

        $912,000 - $1.01M

        $940/mo

        Price history

        DateEventPrice
        8/21/2026Price change$1,025,000-6.8%$114/sqft
        Source: Northwest Iowa Regional BOR #834214 Report a problem
        8/14/2026Listed for sale$1,100,000$122/sqft
        Source: Northwest Iowa Regional BOR #834214 Report a problem
        2/28/2025Listing removed$1,100,000$122/sqft
        Source: Northwest Iowa Regional BOR #826708 Report a problem
        10/27/2024Listed for sale$1,100,000+168.3%$122/sqft
        Source: Northwest Iowa Regional BOR #826708 Report a problem
        3/18/2020Sold$410,000$46/sqft
        Source: Northwest Iowa Regional BOR #805467 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 51104

        Getting around

        66 / 100
        Somewhat Walkable
        26 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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