Nic Madsen

Dakota Dunes SD

Gateway Real Estate Advisors

147 Closed Sales

$71.6M Total Value

$3K - $21.7M Price Range

$487.4K Average Price

Prior 5 years

About Nic

Nic started as an intern with NAI United in 2019 and was promoted to Commercial Associate and Director of Property Management upon graduating, with honors, from Morningside University.
Nic has sold over $100M in commercial real estate since 2020, based in part due to his confidence and determination. He works diligently to seek out investment opportunities for his clients. Nic’s niche is multifamily & self storage properties.

Although Nic stepped away from his duties as Director of Property Management in 2024, during his time as manager he increased property management revenue by over 200% by adding several hundred new units to the management company.

Home Types: Commercial, MultiFamily, Lot/Land, House

Years of Experience: 7

Education: Bachelors of Science in Business Administration & Marketing Morningside University in Sioux City, IA

Transaction History

1 Year
2 Year
5 Year

Seller Deals

Total Deals

Total Value

$27,194,200

Average Sale Price

$2,719,420

Price Range

$43K - $21.7M

Buyer Deals

Total Deals

Total Value

$400,000

Average Sale Price

$400,000

Seller Deals

Total Deals

Total Value

$32,388,596

Average Sale Price

$1,472,209

Price Range

$5K - $21.7M

Buyer Deals

Total Deals

Total Value

$621,111

Average Sale Price

$207,037

Price Range

$31K - $400K

Seller Deals

Total Deals

112

Total Value

$64,406,889

Average Sale Price

$575,062

Price Range

$3K - $21.7M

Buyer Deals

Total Deals

Total Value

$7,241,203

Average Sale Price

$206,892

Price Range

$4K - $1.2M

5 Year View

Neighborhoods Nic is Experienced In

Nic's Recent Active Listings

$420,000
- 7 Beds
- 2 Baths
- 12,576 Sq Ft
400 Mulberry St S

Sioux City, IA
Turnkey 6-unit investment in Sioux City! This historic ballroom/dance hall has been converted into spacious apartments featuring five 4-bedroom units and one 3-bedroom unit. The 6,288 sq. ft. building sits on 0.77 acres, generates $64,200 annually, and is fully occupied with a strong rental history. Each unit is separately metered, simplifying management and expenses—an ideal opportunity for

Nic Madsen Gateway Real Estate Advisors

$175,000
- 5 Beds
- 3 Baths
- 4,308 Sq Ft
21 W 1st St

Spencer, IA
21 W 1st Street | Spencer, IA Value-add opportunity in Spencer! This 6-plex offers strong upside for an investor ready to complete renovations and increase cash flow. The property has been partially remodeled, with 2 of the 6 units currently rented, providing immediate income. The remaining 4 units offer the ability to renovate, lease up, and significantly improve overall returns. With

Nic Madsen Gateway Real Estate Advisors

$2,240,000
- 3 Beds
- 2 Baths
- 2,208 Sq Ft
1115 Central Ave

Hawarden, IA
Investment Opportunity – Fully Renovated Multifamily Portfolio in Hawarden, IA Rare opportunity to acquire a 32-unit multifamily portfolio in Hawarden, Iowa, consisting of 28 one-bedroom units and 4 two-bedroom units across four separate parcels. 26 of 32 units have been completely renovated, offering a true turnkey investment with minimal deferred maintenance. The portfolio includes: 1115

Nic Madsen Gateway Real Estate Advisors

$409,900
- 8 Beds
- 4 Baths
- 2,729 Sq Ft
201 N French Ave

Sioux Falls, SD
Located at 201 N French Ave, this 2,792 SF 4-Plex is ideally positioned to take advantage of the growing demand for quality housing in Sioux Falls. The property consists of two lower units (3 Bed/1 Bath) and two upper units (1 Bed/1 Bath), offering a diverse mix of rental options to attract a wide range of tenants. Three of the four units have been recently renovated, providing comfortable living

Nic Madsen Gateway Real Estate Advisors

$1,300,000
- 22 Beds
- 18 Baths
- 13,404 Sq Ft
2805 E Bragstad Dr

Sioux Falls, SD
2805-09 E Bragstad Dr presents a rare opportunity to acquire two side-by-side tri-plexes in Sioux Falls, SD, offering scale, strong in-place income, and value-add potential. The property consists of six total units, with four units recently renovated and two units remaining unrenovated, providing a clear path for future rent growth. The two unrenovated units are occupied by long-term tenants who

Nic Madsen Gateway Real Estate Advisors

$324,900
- 4 Beds
- 2 Baths
- 2,000 Sq Ft
202 N French Ave

Sioux Falls, SD
202 N French Ave presents a compelling duplex investment opportunity in the heart of Sioux Falls, SD. This well-maintained property features two residential units and offers immediate cash flow through a flexible rental strategy, currently operated as a mix of mid-term and long-term rentals. Both units are fully furnished with utilities included in the rent, providing a turnkey solution for

Nic Madsen Gateway Real Estate Advisors

$1,960,000
- 2 Beds
- 2 Baths
- 14,904 Sq Ft
4001 Orleans Ave

Sioux City, IA
An exceptional investment opportunity with 4001 Orleans Avenue, Sioux City, Iowa. This well-maintained 24 unit apartment complex is minutes away from Morningside University. Over the past few years, the property has had large improvements including unit turns, common area flooring and paint, and exterior paint. With strong rental demand and stable occupancy this property offer investors immediate

Nic Madsen Gateway Real Estate Advisors

$803,682
- Land
- 3.69 Acres
- $217,800 per Acre
0 Riverview Dr

South Sioux City, NE
Exceptional 3.5-acre parcel of land located on Riverview Dr & Arbor Dr in South Sioux City, Nebraska. This lot is positioned in a growing area of South Sioux City perfect for commercial development.

Nic Madsen Gateway Real Estate Advisors

$5,445,000
- Land
- 25 Acres
- $217,452 per Acre
0 Riverview Dr

South Sioux City, NE
Exceptional 25-acre parcel of land located on Riverview Dr & Arbor Dr in South Sioux City, Nebraska. This lot is positioned in a growing area of South Sioux City perfect for multifamily and single-family development.

Nic Madsen Gateway Real Estate Advisors

Agent License: South Dakota 17948 Nebraska 20190619 Iowa s67281000

Nic Madsen

(712) 938-1233

Gateway Real Estate Advisors

(712) 938-1233

Homes for Sale by City

Nic Madsen

About Nic

Transaction History

Seller Deals

Buyer Deals

Seller Deals

Buyer Deals

Seller Deals

Buyer Deals

Production Over Time

5 Year View

Neighborhoods Nic is Experienced In

Nic's Listings and Deals

Nic's Recent Active Listings