902 5th Avenue, Council Bluffs, IA 51501
Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
902 5th Avenue,Council Bluffs, IA 51501
$134,500
- - Beds
- - Baths
- 2,456 sq. ft.
- Multi-family
- Pending
Listed by:jamie l leaders
Office:j. leaders realty
MLS#:25-1947
Source:IA_SWIAR
Price summary
- Price:$134,500
- Price per sq. ft.:$54.76
About this home
Lots of value to be added! This solid multifamily property offers three units total — two 1-bedroom apartments and one 2-bedroom apartment. Tenants enjoy rare convenience with an attached garage stall plus three off-street parking spaces. Currently generating $23,520/year gross income (net $16,620/year), the property is already cash flowing, and with two units turning over at closing, you'll have immediate opportunity to renovate and increase rents. Whether you're seeking steady income or looking to maximize returns with sweat equity, this investment is packed with potential!
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Home facts
- Year built:1900
- Listing ID #:25-1947
- Added:46 day(s) ago
- Updated:October 24, 2025 at 07:29 AM
Rooms and interior
- Living area:2,456 sq. ft.
Structure and exterior
- Year built:1900
- Building area:2,456 sq. ft.
Schools
- High school:Abraham Lincoln
- Middle school:Gerald W Kirn
- Elementary school:Bloomer
Finances and disclosures
- Price:$134,500
- Price per sq. ft.:$54.76
- Tax amount:$2,884 (2023)
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