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Triplex with Updated Exterior
New
For Sale
$300,000

1029 4th Avenue, Council Bluffs, IA 51501

MULTIFAMILY, Council Bluffs, IA

Property SizeContact for details
Days on Market2

Property Features for 1029 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bathroom 1, Bedroom 1, Bedroom 2
Parking 3
Parking features Off Street
Subdivision Bayliss
Elementary school Bloomer
Middle school Gerald W Kirn
High school Abraham Lincoln
Elementary school district Council Bluffs
Middle school district Council Bluffs
High school district Council Bluffs
Standard status Active
APN 754436151016

Taxes and HOA fees

Tax Year 2025
Tax Description BAYLISS 2ND ADD BLK 18 LT 5, EXC E 10' E 25' VAC 11th ST ADJ
Tax Annual Amount 4094
Legal Description BAYLISS 2ND ADD BLK 18 LT 5, EXC E 10' E 25' VAC 11th ST ADJ

Utilities

Heating system Forced Air

Building Details

Year built 1900
Number of units 3
Listing Agency: BHHS Ambassador Real Estate · Berkshire Hathaway HomeServices
Listed By: Tony Robinson
Added: Oct 21 Changed: Oct 22 Last Checked: Oct 22 at 10:06PM
MLS# 22630431

Copyright © 2026 Great Plains Regional MLS. 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.

Built in 1900, this three-unit property has four bedrooms and three bathrooms. The roof and siding were replaced in 2024, and most of the windows have also been replaced. Forced-air heating and off-street parking serve the property.

All three units are occupied. The property is located in Council Bluffs, Iowa.

Key Highlights

  • Roof and siding replaced in 2024
  • All 3 units occupied
  • Four bedrooms and three bathrooms

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,280
Businesses Nearby

Demographics for 51501, IA

34,906
Population
15,217
Households
2.3
Avg Household Size
38
Median Age
17%
College-Educated
86%
High-School Grad
23.9 sq mi
ZIP Area
1,461
Density / Sq Mi
$59,314
Median Household Income
$40,229
Median Earnings
$997
Median Rent
$140,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - All three residences are occupied, with forced-air heating and off-street parking.
Where is this triplex located?
The property is located at 1029 4th Avenue Council Bluffs, IA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Roof and siding replaced in 2024; All 3 units occupied; Four bedrooms and three bathrooms
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