About This Home

This 7-bedroom, 7-bathroom residential multi family at 3312 TRANSIT AVE in Sioux City, IA is listed for $630,000 ($214 per sqft). Built in 1961, the home offers 2,944 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1961
  • 0.24 acre lot

Property Details

7 full
1961

Amenities

A/C
Listing Description

7~unit multifamily investment offered at $630,000 ($90,000/unit), generating $35,233 in NOI. The property is 100% occupied. Built in 1961 as a single~story building, all units are 1BR/1BA with 7 dedicated off~street parking spaces, coin laundry, and window/central air.

The unit interiors present a clear value~add opportunity through targeted renovations to modernize the asset and increase income. Located in an established South Side Sioux City neighborhood near local employment centers and retail corridors. Contact Daniel Stillson for the full offering memorandum and financials..

Monthly Cost Estimate

$3,370/mo

20% down · 6.5% · 30 years

Principal$456
Interest$2,730
Insurance$184
HOA$1

Estimates only. Actual payments may vary.

Location

3312 TRANSIT AVE

Sioux City, IA 51106

Property Details

Cooling

Central AirWindow Unit(s)

Questions & Answers

This 7-bedroom, 7-bathroom residential multi family at 3312 TRANSIT AVE is listed at $630,000 ($214/sqft). The estimated monthly payment is $3,371 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1/month.

Key features include: Built in 1961, 0.24 acre lot.

This property is listed by Nic Madsen.

NM

Nic Madsen

Agent at Gateway Real Estate Advisors

Listed by Gateway Real Estate Advisors · Broker phone: 7128988372 · View on Broker Site

MLS# 833621· Source: Northwest Iowa Regional Board of Realtors· 118 days on PropertySimple

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.

3312 TRANSIT AVE, Sioux City, IA 51106

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