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For sale
  • Price cut: $12.5K (3/5)
    $380,000

    2220 S Lemon St, Sioux City, IA 51106

    6beds
    2,697sqft
    : 
    Multi Family
    Built in 1912
    -- sqft lot
    $-- Zestimate®
    $141/sqft
    $-- HOA

    What's special

    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.
    75 days
    on Zillow
    |
    380
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 05, 2025 at 05:16am

    Listed by:

    Jeff Carlson 712-635-1763,

    RE/MAX Experience,

    William Schindler,

    RE/MAX Experience

    Source: Northwest Iowa Regional BOR,MLS#: 827614MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 2220 S Lemon St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Interior area
    • Total structure area: 2,697
    • Total interior livable area: 2,697 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 19193-884705183010
    • Zoning: NC.4
    • Zoning description: NC.4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1912

    Community & HOA

    Location
    • Region: Sioux City

    Financial & listing details

    • Price per square foot: $141/sqft
    • Annual tax amount: $5,024
    • Price range: $380K - $380K
    • Date on market: 2/10/2025
    • Total actual rent: 48900
    • Tenant pays: Electricity, Gas
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