206 E Erie Street, Missouri Valley, IA 51555

Missouri Valley
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:138 day(s) ago
  • Updated:October 07, 2026 at 03:21 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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