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10059454
12113746

1600 Nebraska St, Sioux City, IA 51105

NC
IA IA S62387000
NAI United
Listed by NAI United
$245,000
1231 days on market
Updated 91 days ago

1600 Nebraska St

Details
APN 894721377006
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,680
Units 5
Cap Rate 9.05%
NOI $25,329
Occupancy 100%
Price per SqFt $103
Year Built 1910
Year Renovated 2020
Stories 2
Acreage 0.150
Zoning NC.5

Multifamily | 9.05% CAP | 5 Units

Marketing description

5-unit rental property. The sale includes a 4-plex and 1 stand-alone studio apartment-style home. All units are fully renovated including floors, kitchens, bathrooms, etc. The property has brand new plumbing, electrical, water heaters, and furnaces. The roof was replaced in 2020 and all windows replaced in 2019. Tenants pay MidAmerican. Landlord responsible for water/sewer.

Listing Contacts

NC
IA IA S62387000
NAI United
Listed by NAI United

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$25,329.05
$2,110.75/mo

Valuation Metrics

0
DSCR
10.34%
Cap Rate
10.34%
ROI

Map

Zoning

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NC.5 ResidentialSingle FamilyNeighborhood Conservation
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Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Nathan Connelly
License
IA S62387000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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