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    Duplex with Detached Garage Title is generated by Realmo AI

    3720-22 4TH AVE, Sioux City, IA 51106

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    Claim this Listing
    New
    For Sale
    $235,000

    MULTI_FAMILY - Sioux City, IA

    Property size:
    2,114 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $111/SF
    Added:
    Jun 17, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 20 at 3:06 pm

    Property Features for 3720-22 4TH AVE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    mu
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
    Standard status
    Active
    APN
    884706251003
    Size
    2,114 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    ST AUBIN PLACE EX S 50 FT LOTS 1-2 BLK 4
    Tax Annual Amount
    3152

    Building Details

    Year built
    1920
    Number of units
    2

    We can help!

    Listing Contact
    Nic Madsen

    Listing agent Nic Madsen

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

    Listing date Jun 17, 2026

    MLS# 833442 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

    • Fully duplex with 100% occupancy and immediate income in place
    • Main‑floor unit: 2 bedrooms and 1 bathroom
    • Upper‑level unit: 2 bedrooms and 1 bathroom
    • Detached garage adds additional income potential
    • Year built: 1920

    Overview

    This fully duplex property includes two separate residential units: a 2-bedroom, 1-bath unit on the main floor and a 2-bedroom, 1-bath unit on the upper level. The home is configured for straightforward owner or tenant management across both floors. A detached garage is also included and is described as providing additional income potential. The property is currently reported as 100% occupied.

    The duplex is located at 3720-22 4TH AVE in Sioux City, Iowa 51106, within Woodbury County. The lot size is listed at 0.19 acres, and the property size is noted at 2,114 square feet. Zoning is listed as MU.

    With both units laid out as matching 2-bedroom, 1-bath homes, this asset can be a practical fit for investors seeking a stabilized, multi-unit holding with occupancy in place. The detached garage adds an additional component to consider for managing total on-site income. Owner-occupants may also find the two-unit configuration useful when planning to live in one unit while renting the other, subject to their own operational goals and underwriting.

    Local Financial Insights For Multifamily LT 5

    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 $24.1k $11.40
    − Vacancy −$1.1k −$0.54
    EGI $23.0k $10.86
    − OpEx −$6.9k −$3.26
    NOI $16.1k $7.60
    2,114 SF · lease $11.40/SF/yr · vacancy 4.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $229.5K
    $200.9K – $267.8K (±1% cap)
    NOI $16,068 @ 7.0% cap · market cap 6.84%
    Second Best
    Apartment 5plus
    $212.1K
    $185.6K – $247.4K (±1% cap)
    NOI $14,845 @ 7.0% cap · market cap 6.32%
    Theoretical Best
    Specialty Retail
    $317.7K
    $278.0K – $370.6K (±1% cap)
    NOI $22,237 @ 7.0% cap · market cap 9.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux City
    County
    Woodbury
    State
    Iowa
    Longitude
    -96.359502
    Latitude
    42.468999

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with detached garage, offering two-bedroom, one-bath units for immediate rental use.
    Where is this duplex located?
    The property is located at 3720-22 4TH AVE Sioux City, IA.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: Fully duplex with 100% occupancy and immediate income in place; Main‑floor unit: 2 bedrooms and 1 bathroom; Upper‑level unit: 2 bedrooms and 1 bathroom
    More about this property
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