Building Details

Year Built 1904

Year Renovated 2022

Tenancy Multi

Listing Agency: NextHome in The Bluffs Show Phone

Listed By: Todd Cook

Source: Thatcheromaha

Added: Aug 11 Changed: Aug 29 Last Checked: Aug 30 at 8:47PM

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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.

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

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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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, NE.

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