Address
206 E Erie Street, Missouri Valley, IA
Price
$ 300,000
Property Attributes
  • ID#22614258
  • TypeMulti-Family
  • Listing Status PENDING
  • CountyHarrison
  • CityMissouri Valley
  • AreaHarrison
  • NeighborhoodMV
  • Zip51555
  • Style
  • Year Built1904
  • Taxes$ 3578
  • Price$ 300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.1102 Acres
Data Source:
Great Plains Regional MLS
Property Description

Downtown Missouri Valley mixed-use investment opportunity! This property features approximately 2,500 sq. ft. of commercial frontage space on the main level and four remodeled one-bedroom apartments upstairs. All apartment units are leased and occupied, providing immediate rental income. Renovated in 2022, each unit includes all appliances, including washers and dryers. The commercial space offers excellent visibility and value-add potential, creating an opportunity to increase cash flow. A turnkey investment with stable income, modern updates, and room for future growth in a prime downtown location.

Elementary School Middle School High School
Missouri Valley Elementary School Missouri Valley Middle School Missouri Valley High School
Price History
5/22/2026 Listed $300,000

General Features

Heating Electric
Year Built 1904
Property Subtype Multi Family
Tax Year 2025
Ownership Fee Simple
County Harrison
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name MV
Garage Y/N false
Status PENDING
Directions GPS
ModificationTimestamp 2026-09-02T20:05:13.000Z
High School Missouri Valley
City Missouri Valley
High School District Other
Number Of Units Total 5
MLS Area Harrison
Lot Size Units Square Feet
Lot Size Square Feet 4800
Carport Y/N false
Elementary School Missouri Valley
Tax Annual Amount 3578
Middle/Junior High School Missouri Valley
Property Condition Not New and NOT a Model
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District Other
Elementary School District Other
Legal Description Lot ABC of Lot 10 Blk 8 OT

Interior Features

Basement (Y/N) true
Heating Y/N true
Fireplace Y/N false
LivingAreaSource Assessor

Exterior Features

Fencing None
Parking Features No Garage
Lot Features Up to 1/4 Acre.
Water Source Public
Total Parking 10
Lot Size Area 4800
Foundation Details Brick/Mortar
Lot Dimensions 80 x 60
Lot Size Acres 0.1102
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 51555

Price
AVG $300K
$300K
Taxes
AVG $3,578
$3,578
Year Built
AVG 1904
1904