$290,000
SOLD AUG 4, 2025

952 3rd Ave Sibley, IA 51249

7 Beds
5 Baths
3,352 Sq Ft
15,287 Sq Ft Lot

Recently Sold

$87 Per Sq Ft

11% Below List Price

4 Days on Market

Highlights

  • 10 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of August 2025

Excellent investment opportunity in Sibley, IA. Located at 952 3rd Ave, this brick apartment complex features a total of five rental units, including two 2-bedroom units and three 1-bedroom units. All units offer functional layouts, off-street parking, and a strong rental history. In addition to the apartments, the property includes ten garage/storage units that provide additional income potential. Situated on a spacious lot near downtown and local amenities, this property offers stable occupancy and dual income streams. A great option for investors looking to expand their portfolio with a reliable, income-producing asset. Contact the listing agent for more details or to schedule a viewing.

Last Agent to Sell the Property

John Ross

Real Estate Unlimited License #S70978 Listed on: 06/02/2025

Last Buyer's Agent

John Ross

Real Estate Unlimited License #S70978 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1974

Lot Details

  • 15,287 Sq Ft Lot
  • Lot Dimensions are 118.5' x 129'

Parking

  • 10 Car Detached Garage

Home Design

  • Quadruplex
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,352 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electricity, fuel, trash collection
  • Assessor Parcel Number 337011317000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,606

Year Built

Built in 1974

Lot Details

0.35 Acres

Parking

10

Listing Details

  • Class: MULTIFAMILY
  • Property Attached: No
  • Type: Quadruplex
  • Year Built: 1974
  • Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5
  • Basement Style: None
  • Total Sq Ft: 3352
  • Above Grade Finished: 3352
  • Fireplace: No

Exterior Features

  • Construction: Concrete Block
  • Construction Materials: Block
  • Flood Zone: Unknown
  • Road Frontage Type: City Street
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 10

Utilities

  • Fuel: Electric
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public/City

Lot Info

  • Parcel Number: 337011317000
  • Estimated Acres: 0.35
  • Estimated Lot Dimensions: 118.5' x 129'
  • Lot Sq Ft: 15287

Rental Info

  • Owner Pays: Lawn, Snow Removal, Water/Sewer
  • Tenant Pays: Broadband, Cable TV, Electricity, Fuel, Trash Collection
  • Furnished: No

Multi Family

  • Number Of Units: 5

Tax Info

  • Tax Amount: 2606
  • Tax Classification: Non-Homestead
  • Tax Year: 2023

MLS Schools

  • School District: Sibley Ocheyedan
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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
08/04/2025 08/04/25 Sold $290,000 -10.8% $87 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $325,000 -- $97 / Sq Ft
Source: Iowa Great Lakes Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,710 $168,350 $14,790 $153,560
2024 $2,606 $149,920 $14,790 $135,130
2023 $1,894 $149,920 $14,790 $135,130
2022 $2,136 $97,380 $11,950 $85,430
2021 $2,136 $97,380 $11,950 $85,430
2020 $2,482 $97,380 $11,950 $85,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa Great Lakes Board of REALTORS®

MLS Number: 250660

Iowa Great Lakes Board of REALTORS®
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