204-206 E Elm Street | MLS #20262066

Exceptional Investment Opportunity - Income Producing Duplex Don't miss this fantastic opportunity to own a well-maintained duplex ideally suited for investors or owner-occupants looking to offset their mortgage with rental income. This property features two spacious 2-bedroom units, each with off-street parking and 1-stall garage. Whether you're a seasoned investor seeking reliable cash flow or a first-time buyer looking to house-hack, this duplex delivers tremendous value and versatility. Currently tenant occupied, with one half rented at $875/month until 3/31/28, and the other half rented at $700 with a lease ending at the end of May 2026. Owner is actively seeking a new tenant, at a desired rental rate of $800/month.

Source: Northeast Iowa Regional MLS, MLS#: 20262066

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Property Type

Residential Income
Lot

0.27 acres

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Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 204-206 E Elm Street

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
5/14/2026Source: Northeast Iowa Regional MLS	Added to Database	May 14, 2026

Listing provided courtesy of Structure Real EstateNortheast Iowa Regional MLS- MLS# 20262066