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    120 6th St Council Bluffs, IA 51501-4234

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    120 6th St Council Bluffs, IA 51501-4234


    • Office buildings
    • 0.22 lot acres
    Off-Market
    Last Sale Oct 20, 2022
    $602,500
    Property ID
    US25-2584162
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $590,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Health Resource Center Inc / Alternative Medicine Practice
    • American PCS Inc. / Tech Support Center / IT Consulting Firm
    • Steven Ballard - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Advisor
    • Sam Turco Law Offices / Law Firm
    • R Scott Darrah - Ameriprise Financial Services, LLC / Financial Advisor

    Property Details for 120 6th St

    Year built
    1969
    Lot size
    0.22 lot acres
    Zone code
    A-P
    Property type
    Office buildings
    APN
    7544 36 130 007
    APU
    754436130007

    Description

    This exceptional 29-unit apartment building, located at 120 N 6th St in Council Bluffs, IA, presents a compelling investment opportunity. The property, comprised of two, two-story buildings, underwent a complete renovation in 2023, boasting updated interiors with solid wood shaker cabinets, high-end quartz countertops, stainless steel appliances, refinished hardwood floors, and stylish subway tile bathrooms. New lighting, electrical, plumbing fixtures, and HVAC systems enhance both comfort and efficiency. Exterior improvements include high-end landscaping and new roofs and gutters (to be installed before closing). With 83% occupancy, this property offers immediate cash flow. The convenient location, a short walk from the Historic 100 Block, Bayliss Park, and Haymarket Square District, provides residents easy access to restaurants, bars, and shops. Ample parking (30 spaces) is available for all units. The property is zoned residential and sits on ground leased land. This meticulously renovated complex offers a blend of historic charm and modern amenities, making it an attractive option for tenants and investors alike. The asking price is $2,150,000. Built in 1920, this property benefits from recent upgrades and a prime location, promising strong returns for the discerning investor. The property is situated in Pottawattamie County, Iowa, zip code 51503.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $495,000
      ML approach
      $570,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Council Bluffs
    County
    Pottawattamie
    State
    Iowa
    Longitude
    -95.853
    Latitude
    41.2594
    CBSA code
    36540
    CBSA name
    OMAHA-COUNCIL BLUFFS, NE-IA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,123
    $48,100
    $487,800
    $535,900
    -
    $48,100
    $487,800
    $535,900
    More about this property
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