12-unit multifamily investment offered at $960,000 ($80,000/unit), generating $66,748 in NOI. The property is 100% occupied. Built in 1976 across two stories, the unit mix includes four 2BR/1BA and eight 1BR/1BA units, with 7 of 12 already updated, leaving the remaining five as a clear value-add runway for a new owner. Amenities include ample on-site parking, washer/dryer hookups, and central air. Located in a stable South Side Sioux City submarket with strong long-term tenant demand.
Pending
$960,000
515-525 S College St, Sioux City, IA 51106
14beds
6,526sqft
Multi Family
Built in 1976
-- sqft lot
$869,900 Zestimate®
$147/sqft
$1/mo HOA
What's special
Central airAmple on-site parking
- 49 days |
- 68 |
- 4 |
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#: 833617
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 12
- Full bathrooms: 12
Interior area
- Total structure area: 6,526
- Total interior livable area: 6,526 sqft
- Finished area above ground: 1
- Finished area below ground: 0
Property
Parking
- Total spaces: 12
Lot
- Size: 0.56 Acres
Details
- Parcel number: 19193894734252016
- Zoning: com
- Zoning description: com
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1976
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: $147/sqft
- Annual tax amount: $36
- Price range: $960K - $960K
- Date on market: 7/1/2026
- Total actual rent: 119700
- Tenant pays: Electricity, Gas
Estimated market value
$869,900
$826,000 - $913,000
$890/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Pending sale | $960,000$147/sqft |
Source:  Northwest Iowa Regional BOR #833617 Report a problem | ||
| 7/1/2026 | Listed for sale | $960,000$147/sqft |
Source: Northwest Iowa Regional BOR #833617 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 51106
Nearby schools
GreatSchools rating
- 5/10Spalding Park ElementaryGrades: PK-5Distance: 1.3 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10East High SchoolGrades: 9-12Distance: 3.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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