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Leased Duplex
For Sale
$240,000

1010-12 25th st, Sioux City, IA 51104

Multi-Unit, Sioux City, IA

Property Size2,096 SF
Lot Size0.13 Acres
Price / SF$114.50
Days on Market59

Property Features for 1010-12 25th st

General Information

Property type Residential Multi Family
Property subtype Other
Zoning NC.4
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2
Elementary school Irving
Middle school North Middle
High school North High
Directions see google maps
Subdivision Nside Central
Standard status Active
APN 894721257003
Size 2,096 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description HIGMANS BLVD EX E 9 FT LOT 7 BLK 1
Tax Annual Amount 2700
Legal Description HIGMANS BLVD EX E 9 FT LOT 7 BLK 1

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1931
Number of units 2
Listing Agency: Keller Williams Siouxland · Keller Williams Realty
Listed By: Chelsea Avila
Added: Aug 19 Changed: Oct 14 Last Checked: Oct 16 at 7:06AM
MLS# 834286

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 two-unit residential property contains 2,096 square feet on a 0.13-acre lot. Built in 1931, the duplex has forced-air heating and central air conditioning. The property has undergone updates, and each residence is occupied under a one-year lease.

The site is zoned NC.4 and is located in Sioux City, Iowa.

Key Highlights

  • Both residences are occupied under one‑year leases
  • 2,096 square feet of building area
  • 0.13‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,932
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,640 $318.6K
Cap Rate 7%
$227,600 $227.6K
Cap Rate 9%
$177,022 $177.0K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$23.9K $11.40/SF
− Vacancy
−$1.1K −$0.54/SF
EGI
$22.8K $10.86/SF
− OpEx
−$6.8K −$3.26/SF
NOI
$15.9K $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%
$318,640
Cap Rate 7%
$227,600
Cap Rate 9%
$177,022

Alternative Uses

Best Use
Multifamily LT 5
$227.6K
$199.2K – $265.5K (±1% cap)
NOI $15,932 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$210.3K
$184.0K – $245.3K (±1% cap)
NOI $14,719 @ 7.0% cap · market cap 6.13%
Theoretical Best
Specialty Retail
$315.0K
$275.6K – $367.5K (±1% cap)
NOI $22,047 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Garden Center Furniture & Home Goods Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby

Demographics for 51104, IA

23,080
Population
9,119
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
89%
High-School Grad
7.5 sq mi
ZIP Area
3,077
Density / Sq Mi
$74,984
Median Household Income
$42,411
Median Earnings
$955
Median Rent
$193,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are occupied under one-year leases and have forced-air heating and central air conditioning.
Where is this duplex located?
The property is located at 1010-12 25th st Sioux City, IA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Both residences are occupied under one‑year leases; 2,096 square feet of building area; 0.13‑acre lot
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