802 Ave B

802 Avenue B, Council Bluffs, IA 51503

  • For Sale $240,000
  • 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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Attachments

Highlights

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

Contacts

broker

Dakotah Smith, CCIM

Lee & Associates - Nebraska

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Bike Score ®

    83/100 Very Bikeable
Powered by Walk Score ®
  • 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

  • Papa John's

    0.17 miles

  • Railway Inn

    0.33 miles

  • Pizza Counter

    0.54 miles

  • Boxer Barbecue

    0.57 miles

  • Burger King

    0.59 miles

  • Scooter's Coffee Drive-Thru

    0.61 miles

  • McDonald's

    0.64 miles

  • Jimmy John's

    0.67 miles

  • Taco Smell

    0.76 miles

  • Runza

    1.08 miles

  • Tinley School

    0.27 miles

  • Kanesville High School

    0.28 miles

  • Francis School

    0.32 miles

  • Washington Elementary School

    0.34 miles

  • Bloomer School

    0.40 miles

  • Saint Peters School

    0.54 miles

  • Roosevelt School

    0.68 miles

  • Harrison School

    0.80 miles

  • Wilson Junior High School

    0.87 miles

  • Madison School

    1.12 miles

  • Timothy Preschool

    2.01 miles

Frequently Asked Questions

How much does 802 Ave B cost?

The space currently listed for sale at 802 Ave B asks for $240,000.

What is the total square footage of 802 Ave B?

802 Ave B totals 2,352 square feet.

When was this property built?

802 Ave B was built in 1890.

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Contact Listing Broker

broker

Dakotah Smith, CCIM

Lee & Associates - Nebraska