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206 W Erie St, Missouri Valley, IA, 51555

4beds
4baths
5,000sqft
$300,000
$60price/sqft
$2,514/moest. monthly cost
$100,560/yrincome needed

About This Home

Downtown Missouri Valley mixed-use investment opportunity! This property features approximately 2,500 sq. ft. of commercial frontage space on the main level and four remodeled one-bedroom apartments upstairs. All apartment units are leased and occupied, providing immediate rental income. Renovated in 2022, each unit includes all appliances, including washers and dryers. The commercial space offers excellent visibility and value-add potential, creating an opportunity to increase cash flow. A turnkey investment with stable income, modern updates, and room for future growth in a prime downtown location.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

5/10
5/10

Construction

Condition

  • Year built: 1904

Materials

  • Roof: Flat

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Range,Washer,Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 5,000
  • Total interior livable area: 5,000 sqft

Property

Details

  • Parcel number: 603002459800000

Lot

  • Lot size: 4,800 sqft
  • Lot size dimensions: 80 x 60