Duplex Residential
New
For Sale
$165,000
1008 15TH ST, Sioux City, IA 51105
MULTI_FAMILY - Sioux City, IA
Property Size1,037 SF
Lot Size0.05 Acres
Price / SF$159.11
Days on Market5
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
Bathroom 2, Bedroom 2, Bedroom 1, 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
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: Aug 5
Last Checked: Aug 5 at 2:06AM
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.
Investment Insights
Based on property information with market context.
This duplex contains 1,037 square feet on a 0.05-acre parcel and was constructed in 1900. The room schedule includes two bedrooms and two bathrooms, providing a compact residential configuration within the building. NC.4 zoning is identified for the property.
Located at 1008 15TH ST in Sioux City, Iowa, the property is currently occupied by tenants with extended tenure. Its two-unit format supports separate residential occupancy within a single building. The property is situated in Woodbury County and carries a 51105 ZIP code.
Located at 1008 15TH ST in Sioux City, Iowa, the property is currently occupied by tenants with extended tenure. Its two-unit format supports separate residential occupancy within a single building. The property is situated in Woodbury County and carries a 51105 ZIP code.
Key Highlights
- Two‑unit duplex configuration
- 1,037 square feet on a 0.05‑acre parcel
- Two bedrooms and two bathrooms
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 | $11.8k | $11.40 |
| − Vacancy | −$562 | −$0.54 |
| EGI | $11.3k | $10.86 |
| − OpEx | −$3.4k | −$3.26 |
| NOI | $7.9k | $7.60 |
1,037 SF · lease $11.40/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$112.6K
$98.5K – $131.4K
NOI $7,882 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$104.0K
$91.0K – $121.4K
NOI $7,282 @ 7.0% cap · market cap 4.41%
Theoretical Best
Specialty Retail
$155.8K
$136.4K – $181.8K
NOI $10,908 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,240
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - The property offers a two-unit configuration with NC.4 zoning and documented occupancy by established tenants.
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 $165,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 1,037 square feet on a 0.05‑acre parcel; Two bedrooms and two bathrooms
