206 E Erie Street, Missouri Valley, IA 51555
MV · Harrison County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1904
Lot Size
0.11 acres
Lot Dimensions
80 x 60
Parking Spaces
10
Ownership
Fee Simple
MLS® Listing#
22614258
Property Features
Heating
Parking
Fencing
Foundation
Water Source
Schools
- Elementary:
- Missouri Valley
- Middle:
- Missouri Valley
- High:
- Missouri Valley
Financial Details
HOA
None
Annual Taxes
$3,578
Tax year 2025
Parcel Number
603002459800000
Directions
GPS
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Missouri Valley, IA
- $400,000
- Median Listing Price
- 31
- Median Days on Market
- 2,518
- Median Sq Ft
- $147
- Median Price / Sq Ft
- 8
- Active Listings
- This home’s price is 25% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Missouri Valley, IA.
Location
Points of Interest in Missouri Valley, IA
Showing the Missouri Valley area map.
Nearby Schools
Missouri Valley Elementary School
Elementary · 0.6 mi away
One Way Preschool
School · 0.7 mi away
Missouri Valley High School
Secondary · 0.8 mi away
Logan-Magnolia Junior-Senior high school
Secondary · 8.7 mi away
Logan-Magnolia Elementary School
Elementary · 8.7 mi away
Fort Calhoun High School
Secondary · 9.5 mi away
Fort Calhoun Elementary School
Elementary · 9.7 mi away
Pioneer Learning Center
School · 9.7 mi away
Gerald Otte Blair Middle School
Elementary · 11.8 mi away
Blair High School
Secondary · 12.0 mi away
Blair Community Schools
Elementary · 12.4 mi away
West Harrison High School
Secondary · 12.4 mi away
Blair Community Schools
Elementary · 12.7 mi away
Blair Arbor Park Intermediate School
Elementary · 12.7 mi away
Blair Community Schools
School · 13.2 mi away
Deerfield Elementary School
Elementary · 13.2 mi away
Ponca Elementary School
Elementary · 14.1 mi away
Underwood High School
Secondary · 15.7 mi away
St. Philip Neri Catholic School
School · 15.7 mi away
Woodbine High School
Secondary · 15.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2407 335th Street, Missouri Valley, IA | $250,000 | — | — | — |
| 2407 335th Street, Missouri Valley, IA | $250,000 | — | — | — |
| 27.19 acres Eagle Ridge Drive, Missouri Valley, IA | $275,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Missouri Valley
Listing Courtesy: NextHome in The Bluffs - 4022502169
Presented by: Todd Cook