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Two-Unit Duplex Income Property

222 & 224 W Elm Street, Cherokee, IA 51012

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For Sale

$140,000

MULTI_FAMILY - Cherokee, IA

Property size:

1,952 SF

Lot size:

0.11 Acres

Price / SF:

$71/SF

HighLights

Duplex layout with one unit on the main floor and one unit on the second floor
Main‑floor unit features eat‑in kitchen, full bath, bedroom, dining room, and living room
Second‑floor unit includes kitchen, living room, bedroom, bath, and a possible bedroom or den
Recent exterior updates include a new roof, new siding, new windows, and majority new flooring
Basement includes laundry area
3‑car garage with shop area and alley access

We can help!

Contact an agent

Joyce Rasmus

For Sale

$140,000

MULTI_FAMILY - Cherokee, IA

Property size:

1,952 SF

Lot size:

0.11 Acres

Price / SF:

$71/SF

Added:: Sep 15, 2025
Days on Market:: 286
Last Refresh:: Jun 27 at 3:06 pm

Property Features for 222 & 224 W Elm Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: res
Bedrooms: 2
Bathrooms: 2
Rooms: Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Standard status: Active
APN: 0734204011
Size: 1,952 SF
Lot size: 0.11 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: LOT 26 & 27 BLK 13 NEW CHEROKEE ADD
Tax Annual Amount: 462

Utilities

Heating system: Forced Air
Cooling system: Central Air

Building Details

Year built: 1905
Number of units: 2

We can help!

Contact an agent

Joyce Rasmus

Listing agent Joyce Rasmus License #B43050

Listing office Rasmus Realty & Auction 100 E Main, Cherokee, IA

Listing date Sep 15, 2025

MLS# 830193 Listing URL

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Duplex layout with one unit on the main floor and one unit on the second floor
Main‑floor unit features eat‑in kitchen, full bath, bedroom, dining room, and living room
Second‑floor unit includes kitchen, living room, bedroom, bath, and a possible bedroom or den
Recent exterior updates include a new roof, new siding, new windows, and majority new flooring
Basement includes laundry area
3‑car garage with shop area and alley access

Overview

This duplex contains two residential units arranged with one unit on the main floor and a second unit on the second floor. The main-floor unit includes an eat-in kitchen, full bath, bedroom, dining room, and living room. The second-floor unit offers a kitchen, living room, bedroom, and bath, with space that could function as an additional bedroom or den. The home features a basement where laundry is located, along with substantial recent improvements including a new roof, new siding, new windows, and majority-new flooring.

The property is offered for sale at 222 & 224 W Elm Street in Cherokee, Iowa (51012). A 3-car garage is included, featuring a shop area and alley access.

As an income-focused property, this configuration provides two separate living levels within a single building. The update package and functional layouts support tenant occupancy with straightforward unit separation, while the basement laundry and garage with shop space add practical everyday utility for residents and operators.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Cherokee
County: Cherokee
State: Iowa
Longitude: -95.548805
Latitude: 42.748264

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For sale
Duplexes
IA
Cherokee
51012
222 & 224 W Elm Street

What type of property is this?

Duplex - Duplex with two separate units and major exterior updates, plus a basement laundry area and a 3-car garage with shop space.

Where is this duplex located?

The property is located at 222 & 224 W Elm Street Cherokee, IA.

What is the asking price?

The asking price for this property is $140,000.

What are key features of this property?

This property features: Duplex layout with one unit on the main floor and one unit on the second floor; Main‑floor unit features eat‑in kitchen, full bath, bedroom, dining room, and living room; Second‑floor unit includes kitchen, living room, bedroom, bath, and a possible bedroom or den

222 & 224 W Elm Street, Cherokee, IA 51012

MULTI_FAMILY - Cherokee, IA

Property Features for 222 & 224 W Elm Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Light Manufacturing and Warehouse Facility

Historic Grain Elevator and Warehouse

Turnkey Restaurant Building

Modern Office Building with Reception

FAQs