7-Unit Multifamily Building

3312 TRANSIT AVE, Sioux City, IA 51106

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New

For Sale

$630,000

MULTI_FAMILY - Sioux City, IA

Property size:

2,944 SF

Lot size:

0.24 Acres

Price / SF:

$213/SF

HighLights

7‑unit multifamily property listed at $630,000 ($90,000 per unit)
Currently 100% occupied and generating $35,233 in NOI
All 7 units are 1BR/1BA in a single‑story building built in 1961
Each unit includes dedicated off‑street parking with 7 total spaces
On‑site coin laundry plus window and central air cooling
Buyer value‑add: unit interiors indicate opportunity for targeted renovations to modernize and increase income

We can help!

Contact an agent

Nic Madsen

For Sale

$630,000

MULTI_FAMILY - Sioux City, IA

Property size:

2,944 SF

Lot size:

0.24 Acres

Price / SF:

$213/SF

Added:: Jul 1, 2026
Days on Market:: 2
Last Refresh:: Jul 2 at 12:06 pm

Property Features for 3312 TRANSIT AVE

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: com
Bedrooms: 7
Bathrooms: 7
Rooms: Bedroom 7, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 5, Bathroom 6, Bedroom 5, Bathroom 3, Bathroom 7, Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 2
Standard status: Active
APN: 884706119003
Size: 2,944 SF
Lot size: 0.24 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: HENRIETTA PLACE EX STRIP ON N TO STA TE LOTS 6 & 7 BLK 10
Tax Annual Amount: 7003

Utilities

Cooling system: Window Unit(s), Central Air

Building Details

Year built: 1961
Number of units: 7

We can help!

Contact an agent

Nic Madsen

Listing agent Nic Madsen

Listing office Gateway Real Estate Advisors 700 Nebraska St, Dakota Dunes, IA

Listing date Jul 1, 2026

MLS# 833621 Listing URL

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

7‑unit multifamily property listed at $630,000 ($90,000 per unit)
Currently 100% occupied and generating $35,233 in NOI
All 7 units are 1BR/1BA in a single‑story building built in 1961
Each unit includes dedicated off‑street parking with 7 total spaces
On‑site coin laundry plus window and central air cooling
Buyer value‑add: unit interiors indicate opportunity for targeted renovations to modernize and increase income

Overview

This 7-unit multifamily property was built in 1961 as a single-story building. All units are 1BR/1BA and include window and central air. The building also offers coin laundry on-site and provides 7 dedicated off-street parking spaces for tenants.

The property is located at 3312 Transit Ave in Sioux City, IA 51106, in an established South Side neighborhood near local employment centers and retail corridors. The site sits on 0.24 acres, and the property is zoned com.

The offering is for sale as a 100% occupied investment, currently generating $35,233 in NOI. Because the unit interiors present a clear value-add opportunity through targeted renovations to modernize the asset and increase income, the property may fit investors or owner-operators seeking to improve unit presentation while maintaining an income-producing tenancy profile. Contact Daniel Stillson for the full offering memorandum and financials.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Sioux City
County: Woodbury
State: Iowa
Longitude: -96.365173
Latitude: 42.470154

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For sale
Apartment buildings
IA
Sioux City
51106
3312 TRANSIT AVE

What type of property is this?

Apartment building - Fully occupied 7-unit building with 1BR/1BA layouts, coin laundry, and dedicated off-street parking.

Where is this apartment building located?

The property is located at 3312 TRANSIT AVE Sioux City, IA.

What is the asking price?

The asking price for this property is $630,000.

What are key features of this property?

This property features: 7‑unit multifamily property listed at $630,000 ($90,000 per unit); Currently 100% occupied and generating $35,233 in NOI; All 7 units are 1BR/1BA in a single‑story building built in 1961

3312 TRANSIT AVE, Sioux City, IA 51106

MULTI_FAMILY - Sioux City, IA

Property Features for 3312 TRANSIT AVE

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Multi-Unit Office Building with Courtyard

Former Bank Branch with Drive-Through

12-Unit Multifamily Apartment Building

Brick Multifamily Rental Property

Single-Story Office Building

Seven-Unit Apartment Building

Multi-Tenant Retail Strip Center

Corner Mixed-Use Building with Basements

Two-Unit Leased Entertainment Property

Three-Story Downtown Office Building

Duplex with Detached Two-Stall Garage

Medical Office Building

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