Search
Updated Duplex Apartment Portfolio
For Sale
Contact for pricing
Pending

1406 Mcpherson Avenue, Council Bluffs, IA 51503

Five duplex buildings offer updated interiors, newer exterior components, and shared laundry amenities on a wooded residential setting.

Property SizeContact for details
Days on Market141

Property Features for 1406 Mcpherson Avenue

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Heartland Properties, Inc.
Listed By: Mark Hanwright · License #IA B61001000
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Heartland Properties, Inc.

Investment Insights

Based on property information with market context.

This multifamily property includes five duplex buildings arranged on a wooded lot, providing a total of ten residential units. The improvements feature newer roofing, vinyl siding, and replacement windows. Interior updates include cabinetry, kitchen appliances, floor coverings, and full bathrooms, creating a consistent residential offering across the portfolio.

Shared laundry facilities are currently provided at no charge. Additional physical features include two unfinished basements and a garage, offering potential space for storage or other property functions. The property is located at 1406 Mcpherson Avenue in Council Bluffs, Iowa.

Key Highlights

  • Five duplex buildings totaling 10 residential units
  • Newer roofs, vinyl siding, and windows across the buildings
  • Updated cabinetry, kitchen appliances, floor coverings, and full baths

Property Analytics

Current Use

Peach tree Apartments Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Auto Repair Shop Building Supply Pharmacy

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

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby

Demographics for 51503, IA

37,330
Population
16,154
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
94%
High-School Grad
121.7 sq mi
ZIP Area
307
Density / Sq Mi
$76,064
Median Household Income
$46,986
Median Earnings
$964
Median Rent
$252,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five duplex buildings offer updated interiors, newer exterior components, and shared laundry amenities on a wooded residential setting.
Where is this apartment building located?
The property is located at 1406 Mcpherson Avenue Council Bluffs, IA.
What are key features of this property?
This property features: Five duplex buildings totaling 10 residential units; Newer roofs, vinyl siding, and windows across the buildings; Updated cabinetry, kitchen appliances, floor coverings, and full baths
(712) 325-0445 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message