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Priced at $235,000, this multifamily property located at 3721 Orleans Ave in Sioux City, Iowa, presents a straightforward investment option. The site consists of two distinct units, reflecting a valuation of $117,500 per unit. Sioux City maintains a stable economic base within the regional tri-state area, supported by a diverse mix of manufacturing, healthcare, and logistics sectors. This mid-sized market continues to see demand for residential rental housing as the local population remains steady. Investors looking for manageable residential assets will find this two-unit configuration suitable for entry-level holdings or portfolio expansion. Given the asset type and current market conditions in this part of the metro area, the property serves as a functional addition for those seeking to capitalize on established rental demand. The efficient layout supports typical tenant requirements in a quiet residential segment of the 51106 ZIP code.
Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.