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    222 W Elm St Cherokee, IA 51012

    For Sale
    $150,000

    Multi-Unit - Cherokee, IA

    Property size:
    1,952 SF
    Lot size:
    0.11 Acres
    Days on Market:
    92
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 222 W Elm St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    res
    APN
    0734204011
    Parking features
    Garage
    Size
    1,952 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1905
    Architectural style
    Other

    Rasmus Realty & Auction (712) 225-4911

    Listing agent Joyce Rasmus (712) 225-4911 License #B43050

    Listing date Sep 5, 2025

    MLS# 830193 Listing URL

    Copyright © 2025 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.

    Overview

    Cherokee Multi-Unit Investment Opportunity

    This duplex, suitable as an investment property, features one unit on the main floor and another 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, bath, and a possible additional bedroom or den. The property benefits from a new roof, new siding, new windows, and mostly new flooring. Laundry facilities are located in the basement. A three-car garage with a shop area is accessible from the alley. The property is located in Cherokee, Iowa, and has a lot size of 0.11 acres. The property size is 1952 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cherokee
    County
    Cherokee
    State
    Iowa
    Longitude
    -95.5488
    Latitude
    42.748253

    Nearby Similar for Sale

    • $250,000
      0.11 Acres

      Cherokee Commercial Building For Sale

      Well-maintained commercial building with equipment and furnishings included.
      119 E Main St, Cherokee, IA 51012
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex with new roof, siding, windows, and flooring.
    Where is this duplex located?
    The property is located at 222 W Elm St Cherokee, IA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Duplex: Ideal investment property with two separate rental units.; - New Renovations: Enjoy peace of mind with a new roof, siding, windows, and mostly new flooring.; - Three-Car Garage: Features a spacious three-car garage with a shop area and alley access.
    (712) 225-4911
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    Cherokee, IA 51012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    222 W Elm St Cherokee, IA 51012
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