518 S Helen St., Sioux City, IA 51106
MULTI_FAMILY - Sioux City, IA
- Added:
- Apr 29, 2026
- Days on Market:
- 57
- Last Refresh:
- Jun 24 at 10:06 am
Property Features for 518 S Helen St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- nc-4
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
- Standard status
- Active
- APN
- 894735152008
- Size
- 1,584 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- TABLE LOT 4 BLK 6
- Tax Annual Amount
- 2773
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1920
- Number of units
- 3
Listing agent Stephanie Dattolico (712) 898-8091
Listing office Gateway Real Estate Advisors 700 Nebraska St, Dakota Dunes, IA (712) 226-8000
Listing date Apr 29, 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
- Triplex at 518 S Helen with 3 separate units: 2‑bed upper, 1‑bed main‑level, and rear studio
- Year built 1920 with forced air heating
- Updated units with modern flooring and general improvements
- Owner‑pays utilities for all units: water, sewer, and trash
- Owner also pays electric for unit 3
Overview
Situated on Sioux City’s east side, the property is listed under NC-4 zoning. The total lot size is 0.2 acres, and the property size is reported as 1,584 square feet.
For tenants or owner-operators looking for a manageable residential income property, the unit mix provides variety within one building, including both a larger 2-bedroom layout and smaller options. The listing also notes utility responsibilities: the owner pays water, sewer, and trash for all units, and electric for unit 3. This configuration may simplify budgeting while allowing each unit’s living space to function independently.
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 | $18.1k | $11.40 |
| − Vacancy | −$858 | −$0.54 |
| EGI | $17.2k | $10.86 |
| − OpEx | −$5.2k | −$3.26 |
| NOI | $12.0k | $7.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux City
- County
- Woodbury
- State
- Iowa
- Longitude
- -96.369174
- Latitude
- 42.486021