About 206 E Erie Street
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.
Features of 206 E Erie Street
| MLS® # | 22614258 |
|---|---|
| Price | $300,000 |
| Bathrooms | 0.00 |
| Acres | 0.11 |
| Year Built | 1904 |
| Type | Residential Income |
| Sub-Type | Multi Family |
Community Information
| Address | 206 E Erie Street |
|---|---|
| Subdivision | MV |
| City | Missouri Valley |
| County | Harrison |
| State | IA |
| Zip Code | 51555 |
Interior
| Heating | Electric, Forced Air, Other |
|---|---|
| Fireplace | No |
| Has Basement | No |
| Walk-Out Basement | No |
Room Details
| Room | Size | Level | Description |
|---|
Exterior
| Lot Description | Up to 1/4 Acre. |
|---|---|
| Foundation | Brick/Mortar |
| Lot Dimensions | 80 x 60 |
School Information
| District | Other |
|---|---|
| Elementary | Missouri Valley |
| Middle | Missouri Valley |
| High | Missouri Valley |
Additional Information
| Date Listed | May 22nd, 2026 |
|---|---|
| ListingOffice | NextHome in The Bluffs |
| RE / Bank Owned | No |
| Directions | GPS |
Financials
| Tax Amount | $3,578 |
|---|---|
| Tax Year | 2025 |