Presenting Grandview Apartments, a prime turnkey investment opportunity in the heart of Sioux City, Iowa. This meticulously maintained four-level apartment building offers a fully leased, income-generating property with 15 one-bedroom units. Each apartment has been recently remodeled with modern finishes and brand-new appliances, making it a hassle-free addition to any investor’s portfolio. Key Features: Turnkey Investment: Fully leased, generating consistent cash flow from Day 1. New Roof: Installed recently, reducing maintenance costs and long-term capital expenditure. Completely Renovated Units: Each unit features contemporary finishes and new appliances, maximizing rental potential and tenant satisfaction. Desirable Location: Centrally located in Sioux City, providing easy access to local amenities, public transportation, and employment centers. Low Vacancy Risk: Strong rental demand in the area, ensuring stable long-term tenancy. Attractive Cap Rate: Positioned for strong returns with the potential for future rent growth. This low-maintenance, high-yield property is perfect for both seasoned investors and those looking to expand their portfolio with a solid, income-producing asset. The combination of recent updates, strong market rents, and full occupancy makes Grandview Apartments a rare find in today’s market. Don’t miss this exceptional investment opportunity! Contact us today for additional details, financials, and to schedule a private showing.
For sale
Price cut: $75K (8/21)
$1,025,000
301 21st St, Sioux City, IA 51104
15beds
9,000sqft
Multi Family
Built in 1905
-- sqft lot
$960,000 Zestimate®
$114/sqft
$1/mo HOA
What's special
- 22 days
- 296
- 7
Zillow last checked:
Listing updated:
Listed by:
Brandi Jorgensen 605-232-1819,
J & M Real Estate Group Inc.
Source: Northwest Iowa Regional BOR,MLS#: 834214
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 15
- Full bathrooms: 15
Interior area
- Total structure area: 9,000
- Total interior livable area: 9,000 sqft
- Finished area above ground: 1
- Finished area below ground: 3,000
Property
Lot
- Size: 3,484 Square Feet
Details
- Parcel number: 894721155024
- Zoning: R3+
- Zoning description: R3+
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1905
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: Has HOA fee
Location
- Region: Sioux City
Financial & listing details
- Price per square foot: $114/sqft
- Annual tax amount: $9,728
- Price range: $1M - $1M
- Date on market: 8/14/2026
- Total actual rent: 139500
- Tenant pays: Electricity
Estimated market value
$960,000
$912,000 - $1.01M
$966/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Price change | $1,025,000-6.8%$114/sqft |
Source: | ||
| 8/14/2026 | Listed for sale | $1,100,000$122/sqft |
Source: | ||
| 2/28/2025 | Listing removed | $1,100,000$122/sqft |
Source: | ||
| 10/27/2024 | Listed for sale | $1,100,000+168.3%$122/sqft |
Source: | ||
| 3/18/2020 | Sold | $410,000$46/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
