2220 LEMON ST LEMON ST, Sioux City,
IA 51106

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


RE/MAX Lakes Realtya - Licensed In Iowa Each Office Independently Owned And Operated.

RE/MAX Lakes Realtya

Licensed In Iowa Each Office Independently Owned And Operated.

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COMMUNITY

West O Brewery

West O Brewery in West Okoboji

West O Brewery is the best place to go for your microbrews is Okoboji. All beer is made with natural spring water from West Lake Okoboji and are big partners in Keeping Okoboji Blue. You will definitely have a favorite brew with 15 tap options from ciders ranging to IPA's to stouts. Also, West O is known for its amazing Brick Oven Neapolitan pizzas!

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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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Pike's Point State Park

Pike's Point State Park in West Lake Okoboji

Pike's Point is located at 15973 213th Ave, Spirit Lake, IA on beautiful West Lake Okoboji. It is one of the largest parks in the Iowa Great Lakes, and provides for all kinds of activities including fishing, swimming, bird watching etc. This park also has a rest room, and a beach. If coming by boat, one wants to be careful as the point extends far into the lake, and there is a warning buoy roughly 300 feet from the point of shore. In 2010, many trees here were uprooted because of some severe straight line winds during the storm that reaked havoc through the Iowa Great Lakes.

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