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    2512 Jones St Sioux City, IA 51104

    For Sale
    $380,000

    Multi-Unit - Sioux City, IA

    Property size:
    3,579 SF
    Lot size:
    0.21 Acres
    Days on Market:
    308
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 2512 Jones St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NC.4
    APN
    432825
    Parking features
    Driveway, Garage
    Size
    3,579 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1910
    Architectural style
    Other

    Keller Williams Siouxland (712) 259-6237 [email protected]

    Listing agent Brooke Pedersen (712) 226-1900

    Listing date Feb 10, 2025

    MLS# 827572 Listing URL

    Copyright © 2025 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.

    Overview

    Sioux City Multi-Unit Investment

    This multi-unit property in Sioux City, Iowa, presents a great investment opportunity. The property is a five-plex with a history of excellent cash flow and tenant occupancy. Three of the five units have been recently remodeled, while the other two units are occupied by long-term tenants. For units 4 and 5, the owner covers all utility expenses. For units 1 through 3, tenants are responsible for gas and electricity costs. Vinyl siding was installed in 2019. New flooring has been installed in the common areas. The property is situated on a lot of 0.21 acres. The building size is 3579 square feet. Unit 3 is currently vacant. Annual Property Operating Data is available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.400568
    Latitude
    42.516301

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property with excellent cash flow and tenant history.
    Where is this apartment building located?
    The property is located at 2512 Jones St Sioux City, IA.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: - Excellent cash flow and tenant history, making it a strong investment property.; - Three of the five units have been recently remodeled.; - Vinyl siding installed in 2019, reducing future maintenance.
    (712) 226-1900
    Request Owner's contact information
    2512 Jones St Sioux City, IA 51104
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    Sioux City, IA 51104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2512 Jones St Sioux City, IA 51104
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