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Triplex Multifamily Property
New
For Sale
$165,000

905-07 19TH ST, Sioux City, IA 51105

Multi-Unit, Sioux City, IA

Property Size1,800 SF
Lot Size0.26 Acres
Price / SF$91.67
Days on Market3

Property Features for 905-07 19TH ST

General Information

Property type Residential Multi Family
Property subtype Other
Zoning NC4
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 3
Elementary school Hunt
Middle school North Middle
High school North High
Directions GPS
Subdivision Nside Central
Standard status Active
APN 19193-894721404017
Size 1,800 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LAWN RIDGE E 1/2 LOT 11 & LOT 1 2 BLK 5
Tax Annual Amount 2014
Legal Description LAWN RIDGE E 1/2 LOT 11 & LOT 1 2 BLK 5

Utilities

Heating system Forced Air

Building Details

Year built 1910
Number of units 3
Listing Agency: Plains Asset Group
Listed By: Jamie Friedel
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 6:06AM
MLS# 834982

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.

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Investment Insights

Based on property information with market context.

This triplex contains three units within an 1,800-square-foot building on a 0.26-acre lot. The property was built in 1910 and has forced-air heating. Room information includes four bedrooms and three bathrooms across the property.

Located in Sioux City, Iowa, the property is zoned NC4. Showings require at least 24 hours’ notice.

Key Highlights

  • Three residential units in an 1,800‑square‑foot building
  • 0.26‑acre lot in Sioux City, Iowa
  • NC4 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,682
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,640 $273.6K
Cap Rate 7%
$195,457 $195.5K
Cap Rate 9%
$152,022 $152.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$20.5K $11.40/SF
− Vacancy
−$975 −$0.54/SF
EGI
$19.5K $10.86/SF
− OpEx
−$5.9K −$3.26/SF
NOI
$13.7K $7.60/SF
Area
Woodbury County, IA
Vacancy
4.75%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$273,640
Cap Rate 7%
$195,457
Cap Rate 9%
$152,022

Alternative Uses

Best Use
Multifamily LT 5
$195.5K
$171.0K – $228.0K (±1% cap)
NOI $13,682 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$180.6K
$158.0K – $210.7K (±1% cap)
NOI $12,640 @ 7.0% cap · market cap 7.66%
Theoretical Best
Specialty Retail
$270.5K
$236.7K – $315.6K (±1% cap)
NOI $18,934 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

689
Businesses Nearby

Demographics for 51105, IA

10,565
Population
4,197
Households
2.5
Avg Household Size
31
Median Age
7%
College-Educated
64%
High-School Grad
6.0 sq mi
ZIP Area
1,761
Density / Sq Mi
$46,940
Median Household Income
$33,152
Median Earnings
$855
Median Rent
$84,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - NC4 zoning and three separate units provide a multi-unit residential configuration.
Where is this triplex located?
The property is located at 905-07 19TH ST Sioux City, IA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Three residential units in an 1,800‑square‑foot building; 0.26‑acre lot in Sioux City, Iowa; NC4 zoning
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