4624 Applewood Ave, Sioux City, IA 51106

8 Unit Multifamily Investment Opportunity – For Sale By Owner | 4624 Applewood Ave, Sioux City, IA Excellent opportunity to acquire a well-maintained 8-unit apartment building in a proven Sioux City rental location. This property features seven spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each approximately 775 square feet, offering highly desirable layouts that attract stable, long-term tenants. Built in 1976, the building offers 3,360 finished square feet and sits on a large 26,784 sq ft lot, providing ample parking and additional tenant convenience. The property also includes a oversized 2-car detached garage, adding further value and utility. Units feature clean, open interiors with updated flooring and finishes in each unit. This is a strong income-producing asset with immediate cash flow and future upside potential through rent adjustments and continued improvements. The location offers convenient access to shopping, employment, and major roads, supporting consistent occupancy and long-term investment stability. Near Morningside University. Property Features: • 8 total units (7 two-bedroom units, 1 one-bedroom unit) • Approximately 775 sq ft per unit • 3,360 finished sq ft building • Detached garage and ample off-street parking • Large 26,784 sq ft lot • Solid rental history and strong tenant demand • Ideal for investors seeking cash flow and appreciation For Sale By Owner. AMA. Financial information available upon request. Call Denny 712-251-1571 for more information.