2220 LEMON ST, Sioux City, IA 51106

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

MLS #

250124

List Price

$380,000

Features

Furnished

Utilities

Fireplace

LISTED BY

RE/MAX Experience, Jeff Carlson (712.224.4100)

PROPERTY LOCATION

MORTGAGE CALCULATOR

RE/MAX Lakes Realty

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

712.336.4967

info@sellboji.com

Ask About this Property #250124

MARKET WATCH

New Construction(116)

New Listing(41)

Price Adjustment(5)

Price Decreased(180)

COMMUNITY

Beer Can Alley

The ever popular country bar in Des Moines is now a staple bar in the Okoboji area. The only bar of its kind in the area is always a good time in the summer. Their rustic country feel, and country music always blasting on the TV's is sure to create a good time for anyone visiting the area. With a huge bar, and great indoor/outdoor atmosphere, this is one bar you don't want to miss!

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Taco House

One of a kind Authentic Mexican Cuisine right here in West Okoboji! A local favorite and rated five stars by visitors young and old. Be sure to put this as a favorite on your list of places to not miss when you are vacationing in the Lakes area. Close to Terrace Park so if you are feeling up for a small walk you may walk from Terrace Park to the Taco House.

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About West Okoboji

Nashlo Captains Getaway

Captains Getaway in Arnolds Park is the spot for the best live music entertainment in Okoboji. Highlighting the talent rolling through the lakes is the Nashlo Series of talented up and coming performers along with artists we have all heard of. Captains Getaway in Arnolds Park is the spot to be in Okoboji for the best live music!