Fourplex Townhome Investment
3755 Glen Oaks Blvd Sioux City, IA 51104
For Sale
$1,100,000
MULTI_FAMILY - Sioux City, IA
Property Size8,000 SF
Price / SF$137.50
Days on Market273
Property Features for 3755 Glen Oaks Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residentia
Bedrooms
8
Bathrooms
13
Rooms
Bedroom 1, Bathroom 4, Bathroom 13, Bathroom 11, Bedroom 7, Bathroom 9, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 8, Bedroom 2, Bathroom 7, Bathroom 12, Bathroom 8, Bathroom 1, Bathroom 10, Bathroom 2, Bathroom 5, Bedroom 5, Bathroom 6
Standard status
Active
APN
894710356001
Size
8,000 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
Glen Oaks Blvd Cond Unit A & AN UNDIV 1/4 Interest in & to the common elements of tract B in Cheyenne 9th Addn This is for parcels 894710356001, 894710356002, 894710356003, 894710356004
Tax Annual Amount
20298
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1992
Number of units
4
Listing Agency:
J & M Real Estate Group Inc.
(605) 232-1819
Listed By:
Brandi Jorgensen
(605) 232-1819
Added: Oct 30, 2025
Changed: Jul 29
Last Checked: Jul 29 at 12:06PM
MLS# 830842
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 four-plex townhome property is situated in an HOA community and features four units, each designed across three functional levels. Units include upper-level living with 3 bedrooms and vaulted ceilings, along with 2 full bathrooms. The main level offers an entry with a coat closet, half bath, laundry room, and a kitchen equipped with a stove, refrigerator, and dishwasher. Dining and living areas open to a private patio. Lower levels add a finished family room, half bath, utility room, and generous storage space.
Per the current status, two units are rented and two are vacant, providing flexibility for an owner-occupant or investor. Pictures provided are of unit 4 only; other units are described as similar but not exact.
An adjacent lot is available for separate purchase, which may allow for expansion with additional units and a shared driveway. The property is located at 3755 Glen Oaks Blvd in Sioux City, IA 51104.
Per the current status, two units are rented and two are vacant, providing flexibility for an owner-occupant or investor. Pictures provided are of unit 4 only; other units are described as similar but not exact.
An adjacent lot is available for separate purchase, which may allow for expansion with additional units and a shared driveway. The property is located at 3755 Glen Oaks Blvd in Sioux City, IA 51104.
Key Highlights
- Four‑plex townhome property in Sioux City’s Northside built in 1992
- HVAC includes forced air heating and central air cooling
- Each unit offers three levels with upper‑level layout featuring 3 bedrooms, vaulted ceilings, and 2 full bathrooms
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 | $91.2k | $11.40 |
| − Vacancy | −$4.3k | −$0.54 |
| EGI | $86.9k | $10.86 |
| − OpEx | −$26.1k | −$3.26 |
| NOI | $60.8k | $7.60 |
8,000 SF · lease $11.40/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$868.7K
$760.1K – $1.01M
NOI $60,808 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$802.6K
$702.2K – $936.3K
NOI $56,179 @ 7.0% cap · market cap 5.11%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,150 @ 7.0% cap · market cap 7.65%
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?
Quadplex - Four-plex townhome property with four units across three levels, two currently rented and two vacant.
Where is this quadplex located?
The property is located at 3755 Glen Oaks Blvd Sioux City, IA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Four‑plex townhome property in Sioux City’s Northside built in 1992; HVAC includes forced air heating and central air cooling; Each unit offers three levels with upper‑level layout featuring 3 bedrooms, vaulted ceilings, and 2 full bathrooms
