206 E Erie Street, Missouri Valley, IA 51555
Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
206 E Erie Street,Missouri Valley, IA 51555
$300,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: todd cook
Office: nexthome in the bluffs
MLS#:22614258
Source:NE_OABR
Price summary
- Price:$300,000
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.
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Home facts
- Year built:1904
- Subdivision & Development:MV
- Listing ID #:22614258
- Added:92 day(s) ago
- Updated:August 22, 2026 at 02:57 PM
Heating and cooling
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1904
- Lot Features:Up to 1/4 Acre
- Foundation Description:Brick/Mortar
Schools
- High school:Missouri Valley
- Middle school:Missouri Valley
- Elementary school:Missouri Valley
Utilities
- Water:Public
Finances and disclosures
- Price:$300,000
- Tax amount:$3,578 (2025)
Parking
- Total parking spaces:10
- Parking description:No Garage
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