Two-Kitchen Multifamily
New
For Sale
$175,000
1418 DOUGLAS ST, Sioux City, IA 51105
The residence includes two bathrooms and a flexible interior arrangement.
Property Size2,200 SF
Days on Market4
Property Features for 1418 DOUGLAS ST
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Multi-Family
Amenities
fully fenced backyard
off-street parking
Building Details
Building Size
2,200 SF
Year Built
1900
Listing Agency:
United Real Estate Solutions
Listed By:
Daniel Nguyen
(712) 212-1134
Source:
Markhanson.kw
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:05PM
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 United Real Estate Solutions
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this converted residence has two kitchens and two bathrooms, including modern shower towers. Interior work is underway, with new flooring, paint, lighting, and stairwell carpet among the updates; the sellers plan to finish the second-floor flooring and other remaining details. A tile entry, double-pane windows, and a furnace installed in August 2025 are also part of the property.
The exterior includes a fully fenced backyard and a dedicated parking pad for off-street parking.
The exterior includes a fully fenced backyard and a dedicated parking pad for off-street parking.
Key Highlights
- Two kitchens and two bathrooms in a converted residence
- Furnace installed in August 2025; double‑pane windows
- Interior updates include new flooring, paint, lighting, and stairwell carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,449
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,980
$309.0K
Cap Rate 7%
$220,700
$220.7K
Cap Rate 9%
$171,656
$171.7K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$29.6K $13.44/SF
− Vacancy
−$1.5K −$0.67/SF
EGI
$28.1K $12.77/SF
− OpEx
−$12.6K −$5.75/SF
NOI
$15.4K $7.02/SF
Area
Woodbury County, IA
Vacancy
5.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,980
Cap Rate 7%
$220,700
Cap Rate 9%
$171,656
Alternative Uses
Best Use
Apartment 5plus
$220.7K
$193.1K – $257.5K
NOI $15,449 @ 7.0% cap · market cap 8.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$330.6K
$289.3K – $385.7K
NOI $23,141 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
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
Frequently Asked Questions
What type of property is this?
Multifamily property - The residence includes two bathrooms and a flexible interior arrangement.
Where is this multifamily property located?
The property is located at 1418 DOUGLAS ST Sioux City, IA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two kitchens and two bathrooms in a converted residence; Furnace installed in August 2025; double‑pane windows; Interior updates include new flooring, paint, lighting, and stairwell carpet
