Downtown Mixed-Use Apartment
206 West Erie Street Missouri Valley, IA 51555
206 West Erie Street, Missouri Valley, IA, 51555
$300,000
For Sale
$300,000
Residential Multi Family, Other - Missouri Valley, IA
Property Size2,500 SF
Price / SF$120
Days on Market57
Property Features for 206 West Erie Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
Building Details
- Year built
- 1904
- Architectural style
- Other
Listing Agency
NextHome In The Bluffs
(402) 250-2169
4111 S 9th St, Bay 3, IA
Listed by
The Cook Team · License #B56296000,PersonLicenseNumber
(402) 250-2169
Added: May 21 Checked: Jul 16 at 9:06 pm
MLS# 26-990
Listing URL
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Investment Insights
Based on property information with market context.
This downtown mixed-use property includes main-level commercial frontage and four remodeled one-bedroom apartments on the upper level. The building was renovated in 2022, and each apartment is leased and currently occupied. Unit interiors include all appliances, including washers and dryers.
The commercial frontage is approximately 2,500 square feet on the main level, providing an income-producing component alongside the residential units. With stabilized apartment occupancy and recent updates, the property is positioned for straightforward ownership and ongoing cash flow.
The configuration is designed for combined residential and commercial use, with the four upstairs apartments creating multiple sources of rental income while the street-level frontage supports continued tenanting opportunities.
The commercial frontage is approximately 2,500 square feet on the main level, providing an income-producing component alongside the residential units. With stabilized apartment occupancy and recent updates, the property is positioned for straightforward ownership and ongoing cash flow.
The configuration is designed for combined residential and commercial use, with the four upstairs apartments creating multiple sources of rental income while the street-level frontage supports continued tenanting opportunities.
Key Highlights
- 1904‑built downtown Missouri Valley mixed‑use building with main‑level commercial frontage and 4 apartments upstairs
- Approximately 2,500 sq. ft. of commercial frontage space on the main level
- Four remodeled 1‑bedroom apartments upstairs
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mogart Fishing Company ...
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Quadplex - Remodeled mixed-use building with leased one-bedroom apartments above a main-level commercial frontage space.
Where is this quadplex located?
The property is located at 206 West 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: 1904‑built downtown Missouri Valley mixed‑use building with main‑level commercial frontage and 4 apartments upstairs; Approximately 2,500 sq. ft. of commercial frontage space on the main level; Four remodeled 1‑bedroom apartments upstairs
