2512 Jones, Sioux City, IA 51104
MULTI_FAMILY - Sioux City, IA
- Added:
- Feb 10, 2025
- Days on Market:
- 489
- Last Refresh:
- Jun 14 at 10:06 am
Property Features for 2512 Jones
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- NC.4
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
- Standard status
- Active
- APN
- 432825
- Size
- 3,579 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- RENNISON S 1/2 LOT 2 BLK 1 LOT 3 BLK 1
- Tax Annual Amount
- 4215
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1910
- Number of units
- 5
Listing agent Brooke Pedersen (712) 870-3551
Listing office Keller Williams Siouxland 103 Virginia St. Suite 100, Sioux City, IA (712) 226-1900
Listing date Feb 10, 2025
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.
HighLights
- North side 5‑plex investment property with long‑term tenant history
- Commercial‑grade vinyl siding installed in 2019
- New roof installed in 2017
- Updates to interior common areas include new paint and flooring
- Three of the five units have been recently remodeled
Overview
The property is located at 2512 Jones in Sioux City, Iowa, on the north side of the city. The listed zoning is NC.4, and the owner notes that annual property operating data is available upon request.
For buyers seeking a maintained income property with a blend of recently updated units and longer-tenured residents, this 5-plex provides documented exterior improvements and interior common-area refreshes. With updates completed across the building and remodel work already reflected in three of the five units, the property may align with investors looking for steady household occupancy. For underwriting purposes, request the annual operating data directly from the seller.
Local 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 | $48.1k | $13.44 |
| − Vacancy | −$2.4k | −$0.67 |
| EGI | $45.7k | $12.77 |
| − OpEx | −$20.6k | −$5.75 |
| NOI | $25.1k | $7.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux City
- County
- Woodbury
- State
- Iowa
- Longitude
- -96.400568
- Latitude
- 42.516301
