Mixed-Use Property with Four
For Sale
$300,000
206 E Erie Street, Missouri Valley, IA 51555
Remodeled mixed-use building with leased apartments and ground-floor commercial frontage.
Property SizeContact for details
Days on Market94
Property Features for 206 E Erie Street
General Information
Standard status
Active
Total Parking Spaces
10
Property subtype
Multi Family Home
Taxes and HOA fees
Annual Taxes
$3,578
Building Details
Year Built
1904
Units
5
Listing Agency:
NextHome in The Bluffs
(402) 250-2169
Listed By:
Todd Cook
(402) 250-2169
Source:
Burrowstracts
Added: May 22
Changed: Aug 21
Last Checked: Aug 23 at 12:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome in The Bluffs
Investment Insights
Based on property information with market context.
Built in 1904 and renovated in 2022, this mixed-use property combines approximately 2,500 square feet of commercial frontage space on the main level with four upstairs one-bedroom apartments. Each apartment includes appliances, washers, and dryers, providing a modern residential component within the building.
All four apartments are leased and occupied. The property is located at 206 E Erie Street in Missouri Valley, Iowa, within the downtown area. The configuration brings together street-level commercial space and residential units in a single income-producing property.
All four apartments are leased and occupied. The property is located at 206 E Erie Street in Missouri Valley, Iowa, within the downtown area. The configuration brings together street-level commercial space and residential units in a single income-producing property.
Key Highlights
- Approximately 2,500 sq. ft. of commercial frontage space on the main level
- Four remodeled one‑bedroom apartments on the upper level
- All apartment units are leased and occupied
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
364
Businesses Nearby
Explore this area
Business Placement
Demographics for 51555, IA
5,099
Population
2,337
Households
2.2
Avg Household Size
45
Median Age
23%
College-Educated
94%
High-School Grad
146.1 sq mi
ZIP Area
35
Density / Sq Mi
$77,292
Median Household Income
$44,240
Median Earnings
$761
Median Rent
$180,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Remodeled mixed-use building with leased apartments and ground-floor commercial frontage.
Where is this mixed-use property located?
The property is located at 206 E Erie Street Missouri Valley, IA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Approximately 2,500 sq. ft. of commercial frontage space on the main level; Four remodeled one‑bedroom apartments on the upper level; All apartment units are leased and occupied
