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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Council Bluffs, IA

Currently Rented
Rental Income
$ 375,000
ROI
27.2
Cash Flow/m
777- 8 Bed
- 4 Bath
- 3584 sft
403 Voorhis St, Council Bluffs, IA, 51503

$ 240,000
ROI
24.7
Cash Flow/m
329- 4 Bed
- 4 Bath
- 1525 sft
2812 4th Ave, Council Bluffs, IA, 51501

Currently Rented
$ 319,900
ROI
23.2
Cash Flow/m
304- 6 Bed
- 4 Bath
- 3196 sft
615 Willow Ave, Council Bluffs, IA, 51501

Currently Rented
Rental Income
$ 185,000
ROI
32.8
Cash Flow/m
674- 3 Bed
- 3 Bath
- 2012 sft
713 Madison Ave, Council Bluffs, IA, 51503
Why Invest in Council Bluffs, Iowa?
Council Bluffs, IA offers strong opportunities for multi-family real estate investments with steady rental demand near Omaha. Average rents around $1,339 support solid cash flow potential for apartment buildings[3]. The area sees 2-3% annual appreciation, bolstered by population stability and job growth[1][3]. Cap rates remain attractive at 7-8% for multi-family properties in this market. Investor-friendly with low vacancy risks due to regional employment hubs.
9.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$1250/mo
Avg. Cash Flow
$1339/mo
Avg. Rent
2.3%
1Y Appreciation
Frequently Asked Questions
Proximity to Omaha provides strong rental demand from workers. Average rents of $1,339 yield 7%+ returns with 2% appreciation. Low vacancy supports stable cash flow for apartment investors.
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