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209 S 4th St

11 Unit Apartment Building For Sale Council Bluffs, IA 51503

Executive Summary

BARON is pleased to offer a rare investment opportunity in the heart of downtown Council Bluffs, IA—the CB Undecuplex, an 11-unit multifamily property located at 209 S 4th Street. Named “Undecuplex” to reflect its unique configuration of 11 units, this asset offers significant value-add potential for investors looking to modernize and reposition the property within the rapidly expanding Council Bluffs-Omaha Metro area.
The CB Undecuplex boasts a prime location just south of the bustling 100 Block entertainment corridor and a short distance from Bayliss Park and the Haymarket Square district, giving residents easy access to a variety of restaurants, bars, retail shops, and employment opportunities. This is a strategic opportunity to invest in a well-located property with ample upside in a thriving market.

Property Facts

Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 6,612 SF
Average Occupancy 100%
No. Stories 3
Year Built 1920
Parking Ratio 0.76/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 11 $595.00 301 - 400
Walk Score ®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7544-36-209-006
Land Assessment
$16,600
Improvements Assessment
$298,000
Total Assessment
$314,600

zoning

Zoning Code A-P (Administrative Professional District)
A-P (Administrative Professional District)
  • Listing ID: 33373096

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 209 S 4th St, Council Bluffs, IA 51503

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