12-Unit Multifamily Apartment Building

515-525 S COLLEGE ST, Sioux City, IA 51106

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New

For Sale

$960,000

MULTI_FAMILY - Sioux City, IA

Property size:

6,526 SF

Lot size:

0.56 Acres

Price / SF:

$147/SF

HighLights

12‑unit multifamily built in 1976 with 2 stories
Unit mix: four 2BR/1BA and eight 1BR/1BA
100% occupied with $66,748 NOI reported
7 of 12 units already updated, with remaining units offering value‑add potential
Amenities include ample on‑site parking, washer/dryer hookups, and central air

We can help!

Contact an agent

Nic Madsen

For Sale

$960,000

MULTI_FAMILY - Sioux City, IA

Property size:

6,526 SF

Lot size:

0.56 Acres

Price / SF:

$147/SF

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

Property Features for 515-525 S COLLEGE ST

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: com
Bedrooms: 12
Bathrooms: 10
Rooms: Bedroom 2, Bathroom 4, Bathroom 10, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 3, Bedroom 10, Bedroom 9, Bathroom 6, Bedroom 8, Bedroom 12, Bedroom 3, Bathroom 8, Bedroom 1, Bathroom 7, Bathroom 1, Bedroom 11, Bathroom 5, Bedroom 5, Bathroom 9
Standard status: Active
APN: 894734252016
Size: 6,526 SF
Lot size: 0.56 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: CB RUSTIN & CO S 241 FT E 166 FT EX N 186 FT S 191 FT E 83 FT BLK 31
Tax Annual Amount: 36

Building Details

Year built: 1976
Number of units: 12

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# 833617 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

12‑unit multifamily built in 1976 with 2 stories
Unit mix: four 2BR/1BA and eight 1BR/1BA
100% occupied with $66,748 NOI reported
7 of 12 units already updated, with remaining units offering value‑add potential
Amenities include ample on‑site parking, washer/dryer hookups, and central air

Overview

This for-sale multifamily property includes 12 apartments in a two-story configuration, built in 1976. The current unit mix is four 2BR/1BA units and eight 1BR/1BA units. The building is 100% occupied, and central air is provided throughout. Tenant amenities include ample on-site parking and washer/dryer hookups. According to the offering details, seven of the 12 units have already been updated, with the remaining five units providing an opportunity for a new owner to complete additional improvements.

The property is located at 515-525 S College St in Sioux City, Iowa 51106 (Woodbury County). The site totals 0.56 acres, and the property size is listed at 6,526 square feet.

For buyers and operators, the combination of in-place occupancy, a balanced 1BR and 2BR mix, and partial unit updates can support straightforward management of a stabilized asset. With five units still to be updated, the remaining interior scope can be planned as part of an owner’s renovation strategy while maintaining current income from the occupied units. Please contact the listing agents for the full offering memorandum and financials.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

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Local Demand

City: Sioux City
County: Woodbury
State: Iowa
Longitude: -96.379445
Latitude: 42.486007

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For sale
Apartment buildings
IA
Sioux City
51106
515-525 S COLLEGE ST

What type of property is this?

Apartment building - Two-story, 100% occupied building with 1BR and 2BR units, central air, washer/dryer hookups, and on-site parking.

Where is this apartment building located?

The property is located at 515-525 S COLLEGE ST Sioux City, IA.

What is the asking price?

The asking price for this property is $960,000.

What are key features of this property?

This property features: 12‑unit multifamily built in 1976 with 2 stories; Unit mix: four 2BR/1BA and eight 1BR/1BA; 100% occupied with $66,748 NOI reported

515-525 S COLLEGE ST, Sioux City, IA 51106

MULTI_FAMILY - Sioux City, IA

Property Features for 515-525 S COLLEGE ST

General Information

Taxes and HOA fees

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

7-Unit Multifamily Building

Former Bank Branch with Drive-Through

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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