802 Ave B

For Sale

802 Avenue B, Council Bluffs, IA 51503

This Council Bluffs property for sale is located at 802 Avenue B. The current listed sale price for 802 Ave B is $240,000. 802 Ave B is situated on a lot that is 0.09 acre in size.

Contacts

broker

Dakotah Smith, CCIM

Lee & Associates - Nebraska

Property Details

  • Property Type Multi-Family
  • Property Size 2,352 SF
  • Units 4
  • Lot Size 0.09 Acre
  • Additional Rent Contact for pricing
  • Year Built 1890
  • Date Updated Nov 7, 2024
Located in the heart of Council Bluffs, IA, 802 Ave B offers prime access to the city's vibrant community and essential amenities. This property is situated in a well-established neighborhood, providing convenient proximity to downtown Council Bluffs, local schools, parks, and shopping centers. The area is known for its rich history and close-knit community feel, making it an attractive option for residents. With easy access to major roadways and public transportation, these properties are ideally positioned for both commuters and locals looking to enjoy the best of what Council Bluffs has to offer.This multifamily fourplex consists of (four) one-bedroom, one-bath units, generating a gross income of $2,975 per month. This property features separately metered utilities, with the landlord responsible only for water and trash. The sale also includes a proposed assignable insurance claim. The investment offers a prime opportunity for value-add through renovation and leasing.

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Highlights

  • 4 units
  • 9.67 cap
  • Separately metered
  • Located near downtown CB
  • Value-add potential
  • Proforma NOI $23,205

Attachments

Getting around

  • 80/100

    Walk Score ®

  • 83/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Council Bluffs, IA
  • Neighborhood Kanesville - Tinley
  • Zip Code 51503
  • Market Omaha

Points of Interest

  • BP

    0.57 miles

  • Fas Mart

    0.93 miles

  • White Oak Station

    1.07 miles

  • Casey's General Store

    1.68 miles

  • Phillips 66

    1.81 miles

  • Kum & Go

    2.00 miles

  • Truck Fuel

    2.31 miles

  • Cenex

    2.35 miles

  • Tesla Supercharger

    3.15 miles

  • Employee

    0.87 miles

  • Patient/Visitor

    0.88 miles

  • Emergency (Patient/Visitor)

    0.90 miles

  • Garage (Patient/Visitor/Employee)

    0.90 miles

  • Emgy Physicians

    0.91 miles

  • Patient/Visitor (Emergency)

    0.93 miles

  • Wait/Short-term

    0.95 miles

  • Valet Parking

    0.97 miles

  • Patient/Visitor (Hospital)

    0.97 miles

  • Deluxe Inn

    2.20 miles

  • Best Western Crossroads of the Bluffs

    2.22 miles

  • AmericInn

    2.28 miles

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

    2.29 miles

  • Red Roof Inn

    2.30 miles

  • Motel 6 Council Bluffs, IA - Omaha East

    2.33 miles

  • Western Inn Motor Lodge

    2.34 miles

  • Super 8 by Wyndham Council Bluffs IA Omaha NE Area

    2.38 miles

  • Holiday Inn Express & Suites

    2.45 miles

  • Quality Inn & Suites Council Bluffs

    2.47 miles

  • Latino Market

    0.63 miles

  • Hy-Vee

    1.20 miles

  • Walmart Supercenter

    1.30 miles

  • Mall of the Bluffs

    2.17 miles

  • Fareway

    2.22 miles

  • Always Low Price Store

    2.30 miles

  • No Frills Supermarket

    2.43 miles

  • ALDI

    2.46 miles

  • Gordmans

    2.48 miles

  • JCPenney

    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