Turnkey, fully occupied 6-unit multi-family property offering immediate cash flow and long-term investment potential. Monthly rental income over $4,600. All units have been recently updated and include appliances, making them highly attractive to tenants. The building has been freshly painted on the exterior and features a roof that is only one year old, minimizing capital expenses for the new owner. Tenants pay for their own electric, while the owner covers the house meter, water, and trash. With stable occupancy and modernized interiors, this low-maintenance property is a strong addition to any investor’s portfolio.
Sold for $353,000
$353,000
733 Mynster St, Council Bluffs, IA 51503
6beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$365,300 Zestimate®
$--/sqft
$1,074 Estimated rent
Home value
$365,300
$311,000 - $431,000
$1,074/mo
Zestimate® history
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$2,315/mo
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Zillow last checked:
Listing updated:
Listed by:
Jeremy Harper 402-595-8841,
Evolve Realty
Bought with:
Anna Scott, 20160618
Nebraska Realty
Source: GPRMLS,MLS#: 22517893
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Forced Air, Other
Features
- Has basement: Yes
- Has fireplace: No
Property
Parking
- Parking features: No Garage
Features
- Fencing: Partial
Lot
- Size: 5,562 Square Feet
- Dimensions: 5562 sqFt
- Features: Up to 1/4 Acre.
Details
- Parcel number: 754425387011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Brick/Mortar
Condition
- Not New and NOT a Model
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: CREEK TOP
HOA
- Has HOA: No
Location
- Region: Council Bluffs
Financial & listing details
- Annual tax amount: $2,654
- Date on market: 6/29/2025
- Ownership: Fee Simple
- Total actual rent: 4670
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2025 | Sold | $353,000-5.9% |
Source:  GPRMLS #22517893 Report a problem | ||
| 7/29/2025 | Pending sale | $375,000 |
Source: GPRMLS #22517893 Report a problem | ||
| 6/29/2025 | Listed for sale | $375,000+53.1% |
Source: GPRMLS #22517893 Report a problem | ||
| 10/18/2024 | Sold | $245,000 |
Source: SWIAR #24-1733 Report a problem | ||
| 9/8/2024 | Pending sale | $245,000 |
Source: SWIAR #24-1733 Report a problem | ||
| 9/5/2024 | Listed for sale | $245,000 |
Source: SWIAR #24-1733 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 8/10Hoover Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Gerald W Kirn Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10Abraham Lincoln High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Hoover
- Middle: Gerald W Kirn
- High: Abraham Lincoln
- District: Council Bluffs
Source: GPRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Pottawattamie County
- Council Bluffs
- 51503
- Downtown
- 733 Mynster St
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