3312 TRANSIT AVE, Sioux City, IA 51106

Property Description

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.