Townhome Portfolio for
1600 26th St, Sioux City, IA 51104
MULTI_FAMILY - Sioux City, IA
Property size:
44,256 SFLot size:
3.37 AcresPrice / SF:
$111/SF- Added:
- Oct 27, 2025
- Days on Market:
- 244
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 1600 26th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- NC.5
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 7, Bedroom 1
- Standard status
- Active
- APN
- 894722106000
- Size
- 44,256 SF
- Lot size
- 3.37 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1600 Block of 26th St - DUPONT PARK 2ND DUPONT APARTMENTS APT 5 1/28TH INT COM AREA LOT 179-197 VAC PT OF 26TH ST EXPT TO CITY 1200 Block of 26th St - HYDE PARK LOTS 2-7 INCL BLK 3 KNOWN AS HYDE PARK A PTS
- Tax Annual Amount
- 60172
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1953
- Number of units
- 44
Listing agent Jamie Friedel (712) 539-0990
Listing office Plains Asset Group 513 Jackson St, Sioux City, IA (712) 539-0990
Listing date Oct 27, 2025
MLS# 830791
Listing URL
Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Portfolio of 44 townhomes sold together as one package in Sioux City, IA.
- Two sites: 1200–1230 26th Street with 16 two‑bedroom townhomes plus an adjacent vacant lot included.
- 1510–1623 26th Street includes 28 townhomes: 20 three‑bedroom units and 8 two‑bedroom units.
- Basements in the townhomes are currently unfinished.
- Heating: forced air. Cooling: central air.
- Year built: 1953.
Overview
This offering is a portfolio of 44 townhomes sold together as one package in Sioux City, Iowa. Two-bedroom units are located at 1200–1230 26th Street, with sixteen (16) total two-bedroom townhomes at this site. An adjacent vacant lot is included with the sale. A second site at 1510–1623 26th Street includes twenty-eight (28) townhomes, consisting of twenty (20) three-bedroom units and eight (8) two-bedroom units. Basements are currently unfinished across the properties, which the seller notes may allow added value through completion.
The portfolio spans two addresses within the same general area and includes multiple residential buildings and unit configurations within a single unified sale. The property listing identifies zoning as NC.5 and provides total lot area and overall property size for the package.
For buyers seeking a multi-unit residential acquisition, this property provides a consolidated unit mix of two- and three-bedroom townhomes across two sites. The inclusion of an adjacent vacant lot and the unfinished basement condition are practical considerations for operators and investors evaluating renovation or completion strategies. All properties are being offered together, which can simplify acquisition planning for those pursuing a larger portfolio rather than purchasing individual buildings.
The portfolio spans two addresses within the same general area and includes multiple residential buildings and unit configurations within a single unified sale. The property listing identifies zoning as NC.5 and provides total lot area and overall property size for the package.
For buyers seeking a multi-unit residential acquisition, this property provides a consolidated unit mix of two- and three-bedroom townhomes across two sites. The inclusion of an adjacent vacant lot and the unfinished basement condition are practical considerations for operators and investors evaluating renovation or completion strategies. All properties are being offered together, which can simplify acquisition planning for those pursuing a larger portfolio rather than purchasing individual buildings.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $594.8k | $13.44 |
| − Vacancy | −$29.7k | −$0.67 |
| EGI | $565.1k | $12.77 |
| − OpEx | −$254.3k | −$5.75 |
| NOI | $310.8k | $7.02 |
44,256 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.44M
$3.88M – $5.18M
NOI $310,783 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.65M
$5.82M – $7.76M
NOI $465,518 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Sioux City
- County
- Woodbury
- State
- Iowa
- Longitude
- -96.389634
- Latitude
- 42.516891
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Package of 44 townhomes on two sites, including an adjacent vacant lot and unfinished basements.
Where is this apartment building located?
The property is located at 1600 26th St Sioux City, IA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Portfolio of 44 townhomes sold together as one package in Sioux City, IA.; Two sites: 1200–1230 26th Street with 16 two‑bedroom townhomes plus an adjacent vacant lot included.; 1510–1623 26th Street includes 28 townhomes: 20 three‑bedroom units and 8 two‑bedroom units.
