For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

543 Mill St Council Bluffs, IA 51503

Sponsored
For Sale
$490,000

Prime 6-unit apartment building, fully renovated.

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional Class A, stabilized multifamily investment property located at 543 Mill St, Council Bluffs, IA 51503, presents a compelling opportunity. The property, a two-story building, comprises six units, each boasting a recently renovated interior. The complete renovation in 2024 included brand new electrical, plumbing, and HVAC systems, ensuring minimal maintenance and long-term cost efficiency. The 100% occupancy rate speaks to the desirability of the units, which are designed to appeal to discerning tenants. A new water line has been installed, eliminating potential future infrastructure concerns. The property also features coin-operated laundry facilities, adding convenience for residents and generating additional income. Situated in a prime downtown location, this investment aligns perfectly with Council Bluffs' ongoing growth and development. The asking price is $490,000, representing a price per unit of $81,666.67. This represents a strong value proposition for investors seeking a hassle-free, high-return investment in a thriving Iowa market. The property's modern amenities and strategic location promise consistent rental income and significant equity potential. This is a turnkey opportunity not to be missed.

Property Features for 543 Mill St

General Information

Property type
Multifamily properties
Class
A

Building Details

Year Renovated
2024
Buildings
1
Stories
2
Units
6

HighLights

  • Class A, six‑unit multifamily property in Council Bluffs, IA.
  • Recently renovated interiors with new electrical, plumbing, and HVAC systems.
  • 100% occupancy rate.
  • Coin‑operated laundry facilities on‑site.
  • Asking price: $490,000 ($81,667 per unit).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Council Bluffs
County
Pottawattamie
State
Iowa
Longitude
-95.8507527
Latitude
41.2636774

FAQs

What type of property is this?
Multifamily property - Prime 6-unit apartment building, fully renovated.
Where is this multifamily property located?
The property is located at 543 Mill St Council Bluffs, IA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Class A, six-unit multifamily property in Council Bluffs, IA.; Recently renovated interiors with new electrical, plumbing, and HVAC systems.; 100% occupancy rate.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message