Mixed-Use Property with 4
For Sale
$300,000
206 E Erie St, Missouri Valley, IA 51555
Renovated upper-level apartments complement commercial frontage in a downtown Missouri Valley setting.
Property SizeContact for details
Days on Market22
Property Features for 206 E Erie St
General Information
Standard status
Active
Property subtype
Multi-Family
Building Details
Year Built
1904
Year Renovated
2022
Tenancy
Multi
Listing Agency:
NextHome in The Bluffs
(402) 250-2169
Listed By:
Todd Cook
Source:
Thatcheromaha
Added: Aug 11
Changed: Aug 31
Last Checked: Aug 30 at 8:47PM
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.
Located at 206 E Erie Street in Missouri Valley, Iowa, this mixed-use property combines commercial space with four upstairs residential units. The main level includes approximately 2,500 square feet of commercial frontage space, while the upper level contains four remodeled one-bedroom apartments. Each apartment is equipped with appliances, including a washer and dryer.
The building was constructed in 1904 and renovated in 2022. All four apartments are leased and occupied, providing established rental income alongside the commercial component. Its downtown setting places the property within Missouri Valley’s central business environment.
The building was constructed in 1904 and renovated in 2022. All four apartments are leased and occupied, providing established rental income alongside the commercial component. Its downtown setting places the property within Missouri Valley’s central business environment.
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 four apartment units are leased and occupied
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated upper-level apartments complement commercial frontage in a downtown Missouri Valley setting.
Where is this mixed-use property located?
The property is located at 206 E Erie St 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 four apartment units are leased and occupied
