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.
For sale
$630,000
3312 Transit Ave, Sioux City, IA 51106
7beds
2,944sqft
Multi Family
Built in 1961
-- sqft lot
$568,300 Zestimate®
$214/sqft
Has HOA fee
What's special
- 99 days
- 93
- 6
Zillow last checked:
Listing updated:
Listed by:
Nic Madsen 712-540-6562,
Gateway Real Estate Advisors,
Emmaily Kurth,
Gateway Real Estate Advisors
Source: Northwest Iowa Regional BOR,MLS#: 833621
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 7
Cooling
- Central Air, Window Unit(s)
Interior area
- Total structure area: 2,944
- Total interior livable area: 2,944 sqft
- Finished area above ground: 1
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
Lot
- Size: 10,454 Square Feet
- Features: Lawn Sprinkler System, Retaining Wall
Details
- Parcel number: 19193884706119003
- Zoning: com
- Zoning description: com
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: Has HOA fee
Location
- Region: Sioux City
Financial & listing details
- Price per square foot: $214/sqft
- Annual tax amount: $7,003
- Price range: $630K - $630K
- Date on market: 7/1/2026
- Total actual rent: 66900
- Tenant pays: Water, Electricity, Gas
Estimated market value
$568,300
$534,000 - $602,000
$1,131/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $630,000$214/sqft |
Source:  Northwest Iowa Regional BOR #833621 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 51106
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