$495,000

Estimated payment $3,134/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 4-minute walk to Bayliss Park

About This Home

A rare investment opportunity in the heart of downtown Council Bluffs, IA—the CB Undecuplex, an 11-unit multifamily property located at 209 S 4th Street. Named “Undecuplex” to reflect its unique configuration of 11 units, this asset offers significant value-add potential for investors looking to modernize and reposition the property within the rapidly expanding Council Bluffs-Omaha Metro area. The CB Undecuplex boasts a prime location just south of the bustling 100 Block entertainment corridor and a short distance from Bayliss Park and the Haymarket Square district, giving residents easy access to a variety of restaurants, bars, retail shops, and employment opportunities. This is a strategic opportunity to invest in a well-located property with ample upside in a thriving market.

Listing Agent

David Carrig

Baron License #20190573 Listed on: 04/05/2025

Baron

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,336

Year Built

  • Built in 1920

Lot Details

  • 5,800 Sq Ft Lot
  • Lot Dimensions are 50 x 116

Home Design

  • Block Foundation

Interior Spaces

  • 3-Story Property

Parking

  • 7 Parking Spaces
  • No Garage

Schools

  • Bloomer Elementary School
  • Gerald W Kirn Middle School
  • Abraham Lincoln High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • 11 Units
  • Auditor's Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7544 36 209 006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,336

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Parcel Number: 7544 36 209 006
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1331
  • Lot Size: 50 x 116
  • Ownership: Fee Simple
  • Subdivision Name: Auditor's Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Foundation Details: Block
  • Fencing: None
  • Property Condition: Not New and NOT a Model

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage
  • Total Parking Spaces: 7

Utilities

  • Heating: Natural Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Abraham Lincoln
  • Elementary School: Bloomer
  • Junior High Dist: Council Bluffs
  • Middle Or Junior School: Gerald W Kirn

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 5800

Green Features

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6336

Multi Family

  • Number Of Units Total: 11

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2025 04/05/25 For Sale $495,000 -- --
Source: Great Plains Regional MLS

Source: Great Plains Regional MLS

MLS Number: 22533883

Great Plains Regional MLS