418 S 1st STREET

For Sale

418 S 1st St, Council Bluffs, IA 51503

This Council Bluffs property for sale is located at 418 S 1st St. The current listed sale price for 418 S 1st STREET is $210,000. 418 S 1st STREET is situated on a lot that is 0.17 acre in size.

Contacts

broker

Dakotah Smith, CCIM

Lee & Associates - Nebraska

Property Details

  • Property Type Multi-Family
  • Property Size 2,460 SF
  • Units 2
  • Lot Size 0.17 Acre
  • Additional Rent Contact for pricing
  • Year Built 1910
  • Date Updated Nov 13, 2024
Located in central Council Bluffs, IA, 418 1st St provides easy access to everything the community has to offer. This property is in a well-established neighborhood with quick access to downtown Council Bluffs, nearby schools, parks, and shopping options. The area is appreciated for its historical roots and a strong sense of community, making it a popular choice for residents. With major roads and public transit close by, this location is convenient for both commuters and locals looking to take advantage of downtown Council Bluffs and the broader Omaha metro.This top-and-bottom duplex features (two) three-bedroom, one-bath units, bringing in $2,800 per month. This property features separately metered utilities, with the landlord responsible only for water and trash. Detached garage provides off street parking/storage. This investment provides a strong opportunity for value-add through updates and leasing.

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Highlights

  • 2 units
  • 10.40 cap
  • Separately metered
  • Located near downtown CB
  • Value-add potential
  • Proforma NOI $21,840

Attachments

Getting around

  • 65/100

    Walk Score ®

  • 31/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Council Bluffs, IA
  • Neighborhood Fairmount Park
  • Zip Code 51503
  • Market Omaha

Points of Interest

  • Fas Mart

    0.48 miles

  • Kum & Go

    1.18 miles

  • BP

    1.35 miles

  • Casey's General Store

    1.53 miles

  • Cenex

    1.61 miles

  • White Oak Station

    1.77 miles

  • Casey's

    1.99 miles

  • Shell

    2.24 miles

  • Tesla Supercharger

    2.72 miles

  • Garage (Patient/Visitor/Employee)

    0.52 miles

  • Employee

    0.54 miles

  • Emergency (Patient/Visitor)

    0.56 miles

  • Emgy Physicians

    0.57 miles

  • Wait/Short-term

    0.57 miles

  • Patient/Visitor

    0.58 miles

  • Patient/Visitor (Emergency)

    0.59 miles

  • Valet Parking

    0.59 miles

  • Physicians

    0.64 miles

  • Patient/Visitor (Hospital)

    0.64 miles

  • Western Inn Motor Lodge

    1.59 miles

  • AmericInn

    1.61 miles

  • Red Roof Inn

    2.02 miles

  • Fairfield Inn & Suites Omaha East/Council Bluffs, IA

    2.03 miles

  • Motel 6 Council Bluffs, IA - Omaha East

    2.15 miles

  • Best Western Crossroads of the Bluffs

    2.52 miles

  • Super 8 by Wyndham Council Bluffs IA Omaha NE Area

    2.70 miles

  • Hilton Garden Inn

    2.91 miles

  • Country Inn & Suites

    2.96 miles

  • Holiday Inn Express & Suites

    2.98 miles

  • Hy-Vee

    1.34 miles

  • Mall of the Bluffs

    1.38 miles

  • Latino Market

    1.45 miles

  • No Frills Supermarket

    1.65 miles

  • Fareway

    1.78 miles

  • Walmart Supercenter

    2.00 miles

  • Gordmans

    2.13 miles

  • ALDI

    2.17 miles

  • Kohl's

    2.58 miles

  • TJ Maxx

    2.72 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Dakotah Smith, CCIM

Lee & Associates - Nebraska