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 (712.635.1763)

PROPERTY LOCATION

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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

Arrowood Resort

Arrowood Resort in Okoboji

Arrowood is a year-round conference center and hotel with over 100 guest rooms, whirlpool suites and a "Great Room" for hosting group events and hospitality suites. Formerly known as Village East, the resort offers an outdoor pool, deck, playground, volleyball and croquet courts and a heated indoor pool area. Hotel goers can also enjoy an on-site salon, Minervas Bar and Eatery and lit parking. Located on Brooks National Golf Course, Arrowwood Resort offers some of the finest lodging around. Years ago, Brooks Golf Course clubhouse was actually housed on the rear side of Arrowood, but since then, the course has been converted to 27 holes with a a new separate clubhouse. Also, the Racquet Club was a part of the facility, offering workout facilities, racquet ball, and tennis. However, with the addition of the YMCA, the racquet club was unsustainable and converted into retail.

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