For Sale
$155,000
1008 15TH ST, Sioux City, IA 51105
Multi-Unit, Sioux City, IA
Property Size1,037 SF
Lot Size0.05 Acres
Price / SF$149.47
Days on Market95
Property Features for 1008 15TH ST
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
NC.4
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Elementary school
Irving
Middle school
North Middle
High school
North High
Directions
GPS :)
Subdivision
Nside North
Standard status
Active
APN
19193-894721462003
Size
1,037 SF
Lot size
0.05 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Description
GALBRAITHS 2ND E 39 FT W 116 FT LOT 11 BLK 2
Tax Annual Amount
1182
Legal Description
GALBRAITHS 2ND E 39 FT W 116 FT LOT 11 BLK 2
Building Details
Year built
1900
Number of units
2
Listing Agency:
Cardinal City Realty, Inc.
(402) 494-5444
Listed By:
Alma Vaca de Salcido
(712) 204-1489
Added: Aug 1
Changed: Oct 28
Last Checked: Nov 3 at 10:06AM
MLS# 834066
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.
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Investment Insights
Based on property information with market context.
This duplex contains 1,037 square feet and was built in 1900. Its 0.05-acre parcel is zoned NC.4. Room details identify two bedrooms and two bathrooms in the property.
The property is located at 1008 15th St in Sioux City, Iowa. The occupancy information indicates both units are occupied, with tenants described as long-term.
The property is located at 1008 15th St in Sioux City, Iowa. The occupancy information indicates both units are occupied, with tenants described as long-term.
Key Highlights
- 1,037‑square‑foot duplex
- Built in 1900
- 0.05‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,882
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,640
$157.6K
Cap Rate 7%
$112,600
$112.6K
Cap Rate 9%
$87,578
$87.6K
Market Conditions
NOI Build-Up for 1,037 SF
Gross rent
$11.8K $11.40/SF
− Vacancy
−$562 −$0.54/SF
EGI
$11.3K $10.86/SF
− OpEx
−$3.4K −$3.26/SF
NOI
$7.9K $7.60/SF
Area
Woodbury County, IA
Vacancy
4.75%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,640
Cap Rate 7%
$112,600
Cap Rate 9%
$87,578
Alternative Uses
Best Use
Multifamily LT 5
$112.6K
$98.5K – $131.4K
NOI $7,882 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$104.0K
$91.0K – $121.4K
NOI $7,282 @ 7.0% cap · market cap 4.70%
Theoretical Best
Specialty Retail
$155.8K
$136.4K – $181.8K
NOI $10,908 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
Explore this area
Business Placement
Demographics for 51105, IA
10,565
Population
4,197
Households
2.5
Avg Household Size
31
Median Age
7%
College-Educated
64%
High-School Grad
6.0 sq mi
ZIP Area
1,761
Density / Sq Mi
$46,940
Median Household Income
$33,152
Median Earnings
$855
Median Rent
$84,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property offers a two-unit residential layout with occupancy reported across both units.
Where is this duplex located?
The property is located at 1008 15TH ST Sioux City, IA.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 1,037‑square‑foot duplex; Built in 1900; 0.05‑acre lot
