This unique multifamily property is comprised of 7 duplexes on one parcel. Each duplex contains two one-bed/1-bath units. 10 of the units have been updated and are leased with a stable tenant base with rents ranging from $650-725/month. The other two duplexes are in need of renovation prior to being leased. Each apartment is separately metered for electricity, landlord pays for the water/sewer and sanitation. There is also a 1-car garage on the property that is currently used for storage. This property offers a great value add upside, but has good steady income on day one, for the right investor this could be a goldmine and once fully occupied should provide healthy cash flows!
Sold for $571,000 on 10/23/24
$571,000
750 Creek Top St, Council Bluffs, IA 51503
--beds
9baths
3,722sqft
Apartment
Built in 1930
-- sqft lot
$596,300 Zestimate®
$153/sqft
$-- Estimated rent
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What's special
Zillow last checked: 7 hours ago
Listing updated: October 29, 2024 at 08:39am
Listed by:
Mark Hanwright,
20060210204436317691000000,
Hanwright-Edwards Group,
20060210204436317691000000
Bought with:
Mark Hanwright, B61001000
20060210204436317691000000
Source: SWIAR,MLS#: 24-1734
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 9
Heating
- Ductless
Appliances
- Included: Refrigerator, Cooktop
Interior area
- Total structure area: 3,722
- Total interior livable area: 3,722 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 - 3
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance
Lot
- Size: 0.37 Acres
- Dimensions: 0.37 acres
Details
- Parcel number: 7544 25 387 012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Stucco
- Roof: Flat
Condition
- Year built: 1930
Community & neighborhood
Location
- Region: Council Bluffs
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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$596,300
2% more+ $11,926
With Zillow Showcase(estimated)
$608,226