206 W Erie Street, Missouri Valley, IA 51555

Missouri Valley
Local realty services provided by:Better Homes and Gardens Real Estate The Good Life Group
206 W Erie Street,Missouri Valley, IA 51555
$300,000
  • - Beds
  • - Baths
  • 5,000 sq. ft.
  • Multi-family
  • Active
Listed by: the cook team, jennifer cook
Office: nexthome in the bluffs
MLS#:26-990
Source:IA_SWIAR

Price summary

  • Price:$300,000
  • Price per sq. ft.:$60

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
  • Listing ID #:26-990
  • Added:131 day(s) ago
  • Updated:September 30, 2026 at 04:10 PM

Rooms and interior

  • Living area:5,000 sq. ft.

Structure and exterior

  • Year built:1904
  • Building area:5,000 sq. ft.

Schools

  • High school:Missouri Valley
  • Middle school:Missouri Valley
  • Elementary school:Missouri Valley

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$60
  • Tax amount:$3,578 (2025)

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