This cash cow investment property offers 6 one bedroom apartments. 5 of the units are occupied with rents ranging from $650-725/month and the 6th is in need of renovation. A new roof was installed in 2024, the building is all electric with each apartment having it's own meter and the house meter for common areas. Although there is some work to be done on this property, it will cash flow from day one, and a savvy investor can get it across the finish line to produce an impressive return!
Sold for $245,000 on 10/18/24
$245,000
733 Mynster St, Council Bluffs, IA 51503
--beds
2,832sqft
Apartment
Built in 1900
-- sqft lot
$255,000 Zestimate®
$87/sqft
$-- Estimated rent
Maximize your home sale
Get more eyes on your listing so you can sell faster and for more.
What's special
Zillow last checked: 7 hours ago
Listing updated: October 18, 2024 at 09:34am
Listed by:
Mark Hanwright,
20060210204436317691000000,
Hanwright-Edwards Group,
20060210204436317691000000
Bought with:
Jeremy M Harper, B70308000
20220316210647511729000000
Source: SWIAR,MLS#: 24-1733
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Ductless
Appliances
- Included: Refrigerator, Cooktop
Features
- Other
Interior area
- Total structure area: 2,832
- Total interior livable area: 2,832 sqft
Property
Parking
- Parking features: 1 - 3
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance
Lot
- Size: 5,562 sqft
- Dimensions: 54 x 103
Details
- Parcel number: 7544 25 387 011
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Council Bluffs
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$255,000
2% more+ $5,100
With Zillow Showcase(estimated)
$260,100