2220 LEMON ST, Sioux City, IA 51106

Sioux City, IA Homes for Sale in 51106 and Real Estate MLS # 250124

$380,000

  • 6
  • 5
  • N/A
  • Active
  Virtual Tour
Price Decreased

General Description

This well-maintained 5-plex in the heart of Morningside offers an exceptional investment opportunity with a solid history of consistent cash flow and strong NOI. Three of the units have recently been renovated with new flooring, paint, carpet, and windows, while HVAC systems have also been updated. Located in a highly sought-after neighborhood, this property offers immediate cash flow potential with the opportunity to make further improvements to maximize returns. Whether you're adding to an existing portfolio or starting your investment journey, this property provides a reliable, long-term investment with strong rental demand and minimal maintenance needs. Find this opportunity in close proximity to Sioux City shopping and foodservice amenities along with Morningside University.

Legal: HEDGES MORNINGSIDE LOTS 13 & 14 BLK 30
Status: Active

Property Information

250124

$380,000

Sale

Quadruplex

MULTIFAMILY

2220 S LEMON ST

Sioux City

IA

51106

6

5

12000

Attached, Detached

5024

2023

Sioux City

1912

Features

No

Utilities

No

LISTED BY

RE/MAX Experience, Jeff Carlson (712.224.4100)

PROPERTY LOCATION

MORTGAGE CALCULATOR


Similar listings

$361,000

Status: Active
2111 GRANDVIEW BLVD, Sioux City, IA 51104

  250012

 6

 6

  4,288


Listed by : RE/MAX EXPERIENCE, JEFF CARLSON (712.224.4100)
Price Decreased
RE/MAX Lakes Realty - Licensed In Iowa,Minnesota Each Office Independently Owned And Operated.

RE/MAX Lakes Realty

Licensed In Iowa,Minnesota Each Office Independently Owned And Operated.

Ask About this Property #250124

Share


COMMUNITY

Erpelding, Voigt & Co., L.L.P.

Erpelding, Voigt & Co., L.L.P. in Okoboji

For more than 45 years, we have been providing tax preparation, business planning, financial reporting services and personal financial planning. Founded in 1974, Erpelding, Voigt & Co., LLP has grown to encompass more than 49 professional associates and staff in five locations. As a progressive accounting firm employing the latest technologies, we have developed a reputation for professional excellence through the consistent high quality services we provide. We bring a wealth of knowledge and value to each of our clients.

Real Estate and MLS Homes For Sale in Okoboji

Rolling Oaks Barn

Rolling Oaks Barn in Spirit Lake

The Rolling Oaks Barn is an authentic barn that has been restored. This century old barn is available for rent for all of your event needs. The upper level is the events area where the lower level is a full service bar and is open weekly and on the weekends.

Real Estate and MLS Homes For Sale in Spirit Lake

The West Lake "Tie Up"

The West Lake

For most leisure boaters in the Iowa Great Lakes, there are 2 main hot spots to go throw an anchor, sit back, and just relax. Sometimes this will result in numerous boats tying up to one another (you may not even know your neighbor), and sometimes it results in a little more privacy where you can chill just by yourself. Every weekend, boaters make the trek across the deepest parts of West Lake to either Gull Point (North AND South side) and Miller's Bay. Thought there are many other great areas to throw an anchor, relax, and swim, these are the two hot spots. If you aren't sure where to go on a Saturday afternoon or wonder where your friends might be, these two spots would be a good start.

Real Estate and MLS Homes For Sale in West Lake Okoboji

NEWSLETTER