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
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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


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

RE/MAX Lakes Realty

Licensed in Iowa and Minnesota. Each Office Independently Owned and Operated

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Beware the (I'll get your home sold in a week) agent

Beware the (I'll get your home sold in a week) agent in The

I hear this one all the time from prospects looking to list their house. "Well, agent xyz told us that if we listed with her, she'd have it sold in a week." This would fall into the category of "If it sounds too good to be true, the probably is." The majority of agents are not going to make this claim, but rather will give you an honest market analysis, inform you as to how weak or strong the market is, especially the market in which your home resides, and present the objective facts. A good agent will then lay out an effective marketing plan, where the majority of the focus should be on "online marketing". Be careful to not get caught up in empty promises, reduced commissions, and being talked in to lowering your price below market value (unless you must have a quick sale). The key to choosing a good listing agent is to objectively determine who is going to provide you the best opportunity to sell your home. Will your listing agent also aggressively work to find buyers, or will they just list your home and wait for another agent to do the work.

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