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209 S 4th St

11 Unit Block of Flats For Sale Council Bluffs, IA 51503

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Executive Summary

BARON is pleased to offer 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.

Flyer, reduced - CB Undecuplex, 209 S 4th Street, Council Bluffs, IA

Property Facts

Sale Type	Investment	Building Size	6,612 SF
No. Units	11	Average Occupancy	100%
Property Type	Residential	Number of Floors	3
Property Subtype	Apartment	Year Built	1920
Apartment Style	Low Rise	Parking Ratio	0.76/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.12 AC

Sale Type	Investment
No. Units	11
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.12 AC
Building Size	6,612 SF
Average Occupancy	100%
Number of Floors	3
Year Built	1920
Parking Ratio	0.76/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.