$1,490,000
COUNCIL BLUFFS, IA 51501
MLS# 20-2264
Status: Closed
1 baths
1 / 9
Property Description
INVESTOR ALERT! 9 Home Package deal will only be sold as a package! All 9 homes are tenant occupied with leases through July 31, 2025. Tenant does all lawn care, snow removal and repairs. City utility Services. Minutes to schools, shopping and Interstate access. All showings require a minimum of 48 Hour Notice. Property Addresses: 1411, 1417, 1423 S.7th Street 2404, 2408, 2412 S. 19th Street 2401, 2405, 2409 S. 18th Street Cap Rate 7.75% Income $162,000 Expenses $5,270 Taxes $36,761 Net Income $119,969 Seller is a Licensed Real Estate Broker and Member of Western Iowa Land Development LLC.
Details
Maps
Documents
Contract Information
Current Price: $1,490,000
Status: Closed
Listing Date: 2020-11-05
Sold Price: $1,490,000
Auction: No
Subj to Short Sale: No
Bank Owned?: No
General Property Description
Type of Property: Single Family Residence
Lot Size Range: Under 1/4 Acre
New Construction: N
Builders Name: McCarthy Construction
Year Built: 2011
Lot Size: varies
Bedrooms Abv Grd: 3
Bedrooms Blw Grd: None
Total Bathrooms: 1
Baths Abv Grd: 1
Baths Blw Grd: None
Garage: 2
Garage Type: Attached
Stories: 1
Basement: Slab
0 Entry: Yes
Ramp Access: No
Location, Tax & Legal
Area: Area 3
House #: 9
Street Name: HOMES PACKAGE DEAL
State/Province: IA
County: POTTAWATTAMIE
Zip Code: 51501
Status Change Info
Status Change Date: 2020-12-23
Under Contract Date: 2020-11-11
Sold Date: 2020-12-21
Sold Price: $1,490,000
Type Of Financing: Conventional
Miscellaneous Info
Gross Taxes: TBD
Net Taxes: TBD
Tax Year: 2019
Budget Gas: TBD
Budget Elec: TBD
Status Info
Sold Status: Sold Inner Office
REIDS Incl Sale Prc: No
Sale Price Incl Lot: Yes
Property Features
Construction: Frame
Architectural Style: Ranch
Roof: Composition
Basement: Slab
Air Conditioning: Central Air; Electric
Heating: Forced Air; Natural Gas
Hot Water Heater: Multiple
Laundry: Dryer Hookup; Main Floor; Washer Hookup
Fireplace: No
Kitchen Features: Custom Cabinets; Dishwasher; Electric Range; Garbage Disposal; Microwave; Refrigerator
Dining Facilities: Eat-in Kitchen; KIT/DR Combo
Main Level: Baths; Dining; Kitchen; Living Room; Other Bedrooms; Primary Bedroom
Second Level: None
Interior Amenities: Ceiling Fan(s); Smoke Alarms; Other
Exterior Amenities: Patio; Perm Siding
Site Amenities: Concrete Road; Flat Lot; Off Street
Services: Cable; Electrical; Gas; Paving; Public Sewer; Public Sidewalks; Public Water
Terms: Cash; Conventional
Possession: Tenants Rights; Other
Showing Instructions: Appointment Only
Flood Ins: Not Required
Garage: Electric; Garage Door Opener
Outbuildings: None
Financials 
Listing Office: Heartland Properties
Last Updated: May - 22 - 2026
Information deemed reliable but not guaranteed.