3720-22 4TH AVE, Sioux City, IA 51106
MULTI_FAMILY - Sioux City, IA
- Added:
- Jun 17, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 3720-22 4TH AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- mu
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1
- Standard status
- Active
- APN
- 884706251003
- Size
- 2,114 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- ST AUBIN PLACE EX S 50 FT LOTS 1-2 BLK 4
- Tax Annual Amount
- 3152
Building Details
- Year built
- 1920
- Number of units
- 2
Listing agent Nic Madsen (712) 540-6562
Listing office Gateway Real Estate Advisors 700 Nebraska St, Dakota Dunes, IA (712) 226-8000
Listing date Jun 17, 2026
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
- Fully duplex: two 2‑bedroom, 1‑bath units (main floor and upper level)
- Detached garage provides additional income potential
- 100% occupancy reported
- Built in 1920
Overview
The property sits on a 0.19-acre lot in Sioux City, Iowa. A detached garage on-site adds an additional revenue component for the overall setup.
With both units currently occupied per the listing remarks, the property is positioned as a practical, lower-friction entry point for investors seeking an income-producing residential asset from day one. The combination of two similarly sized units and an on-site detached garage can appeal to buyers looking for a stabilized multifamily structure with accessory space included in the package. Please note that any additional income or expenses beyond the features described here are not provided in the available information.
Local Financial Insights For Multifamily LT 5
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 | $24.1k | $11.40 |
| − Vacancy | −$1.1k | −$0.54 |
| EGI | $23.0k | $10.86 |
| − OpEx | −$6.9k | −$3.26 |
| NOI | $16.1k | $7.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux City
- County
- Woodbury
- State
- Iowa
- Longitude
- -96.359502
- Latitude
- 42.468999
