5 unit apartment building that is well maintained with excellent cash flow. Fully rented on month to month basis, apartment in basement is currently occupied by caretaker at no cost. Off steet parking thru driveway on west side of complex to back alley. Tenants responsible for all utilities and owner pays water, sewer & garbage.
Sold for $140,000 on 11/18/24
$140,000
1423 Summit St, Sioux City, IA 51103
5beds
5baths
2,544sqft
MultiFamily
Built in 1900
-- sqft lot
$198,600 Zestimate®
$55/sqft
$1,223 Estimated rent
Home value
$198,600
$159,000 - $240,000
$1,223/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Other
Cooling
- None
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 2,544 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 10,149 sqft
Details
- Parcel number: 894721357009
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Masonry
- Roof: Other
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Sioux City
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2024 | Sold | $140,000+65.7%$55/sqft |
Source: Public Record | ||
| 12/22/2016 | Listing removed | $84,500$33/sqft |
Source: United Real Estate Solutions #714951 | ||
| 11/18/2016 | Price change | $84,500-0.6%$33/sqft |
Source: United Real Estate Solutions #714951 | ||
| 10/12/2016 | Price change | $85,000-5.6%$33/sqft |
Source: United Real Estate Solutions #714951 | ||
| 9/8/2016 | Price change | $90,000-2.7%$35/sqft |
Source: United Real Estate Solutions #714951 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,212 +21.5% | $127,300 |
| 2023 | $1,820 -11.8% | $127,300 +40.4% |
| 2022 | $2,064 +35.1% | $90,700 +2% |
Find assessor info on the county website
Neighborhood: 51103
Nearby schools
GreatSchools rating
- 5/10Hunt Elementary SchoolGrades: PK-5Distance: 1 mi
- 5/10North Middle SchoolGrades: 6-8Distance: 2.9 mi
- 4/10North High SchoolGrades: 9-12Distance: 2.8 mi
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