1609 Jones St, Sioux City, IA for sale

Investment Overview

1609 Jones Street presents a duplex investment opportunity featuring two, 2-bedroom, 1-bath units. The upper unit is currently occupied, while the vacant lower unit is ready for renovation, providing immediate value-add potential. Tenants are responsible for gas and electric utilities through MidAmerican Energy, while ownership pays water. Investors have the opportunity to increase rental income and overall property value through rehab and lease-up of the lower unit. This property can be bought as a portfolio along with 1519 Jones, 1521 Jones, and 1522-1524 Jones for $500,000.