Portfolio of Townhomes for
1600 26th St Sioux City, IA 51104
For Sale
$4,950,000
MULTI_FAMILY - Sioux City, IA
Property Size44,256 SF
Lot Size3.37 Acres
Price / SF$111.85
Days on Market276
Property Features for 1600 26th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
NC.5
Bedrooms
7
Bathrooms
3
Rooms
Bedroom 1, Bedroom 7, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
Standard status
Active
APN
894722106000
Size
44,256 SF
Lot size
3.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1600 Block of 26th St - DUPONT PARK 2ND DUPONT APARTMENTS APT 5 1/28TH INT COM AREA LOT 179-197 VAC PT OF 26TH ST EXPT TO CITY 1200 Block of 26th St - HYDE PARK LOTS 2-7 INCL BLK 3 KNOWN AS HYDE PARK A PTS
Tax Annual Amount
60172
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1953
Number of units
44
Listing Agency:
Plains Asset Group
(712) 539-0990
Listed By:
Jamie Friedel
(712) 539-0990
Added: Oct 27, 2025
Changed: Jul 29
Last Checked: Jul 29 at 1:06PM
MLS# 830791
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 offering presents a portfolio of 44 townhomes offered together in Sioux City, Iowa. The properties are split across two sites: 1200–1230 26th Street with sixteen two-bedroom townhomes, and 1510–1623 26th Street with twenty-eight townhomes comprised of twenty three-bedroom units and eight two-bedroom units.
An adjacent vacant lot at the 1200–1230 26th Street site is included in the sale. Basements at the properties are currently unfinished, which may provide a value-add opportunity through completion.
All properties are being sold as one package, providing one consolidated ownership arrangement for the combined townhome locations.
An adjacent vacant lot at the 1200–1230 26th Street site is included in the sale. Basements at the properties are currently unfinished, which may provide a value-add opportunity through completion.
All properties are being sold as one package, providing one consolidated ownership arrangement for the combined townhome locations.
Key Highlights
- Portfolio of 44 townhomes sold together as one package in Sioux City, Iowa.
- Site 1: 1200–1230 26th Street includes sixteen 2‑bedroom townhomes plus an adjacent vacant lot included in the sale.
- Site 2: 1510–1623 26th Street includes twenty‑eight townhomes: twenty 3‑bedroom units and eight 2‑bedroom units.
Financial Insights For Apartment 5plus
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 | $594.8k | $13.44 |
| − Vacancy | −$29.7k | −$0.67 |
| EGI | $565.1k | $12.77 |
| − OpEx | −$254.3k | −$5.75 |
| NOI | $310.8k | $7.02 |
44,256 SF · lease $13.44/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.44M
$3.88M – $5.18M
NOI $310,783 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.65M
$5.82M – $7.76M
NOI $465,518 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Package of 44 townhomes across two sites in Sioux City, with an adjacent vacant lot included.
Where is this apartment building located?
The property is located at 1600 26th St Sioux City, IA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Portfolio of 44 townhomes sold together as one package in Sioux City, Iowa.; Site 1: 1200–1230 26th Street includes sixteen 2‑bedroom townhomes plus an adjacent vacant lot included in the sale.; Site 2: 1510–1623 26th Street includes twenty‑eight townhomes: twenty 3‑bedroom units and eight 2‑bedroom units.
