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    Lamoni, IA
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    Eagleville, MO Kellerton, IA Blythedale, MO Decatur, IA Ridgeway, MO Bethany, MO Leon, IA Mount Ayr, IA
    Remodeled 20-Unit Apartment Building
    Updated: Sep 14, 2023
    Remodeled 20-Unit Apartment Building

    318 E Main Street, Lamoni, IA 50140

    $999,000
    1.00 AC lot
    20 one‑bedroom apartment units
    Remodeled units in a brick building constructed in 1978
    Commercial laundry with 6 washing machines and 8 dryers
    Office space with an elevator
    1‑acre site with Business/Commercial zoning
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Lamoni, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    7-Unit Apartment Building
    7-Unit Apartment Building

    207 NW 2nd Street, Greenfield, IA 50849

    $159,900
    3,611 sqft

    Income-producing residential property with coin-operated laundry, updated apartments, a newer roof, and garage parking.

    View details
    Mixed-Use Property With Apartments
    Mixed-Use Property With Apartments

    1201 E South Street, Mount Ayr, IA 50854

    $1,100,000
    2.00 AC lot

    Two-bedroom residences accompany occupied medical office space and additional commercial land along Highway 2.

    View details
    7-Unit Apartment Building
    7-Unit Apartment Building

    207 NW 2nd St, Greenfield, IA 50849

    $159,900
    3,611 sqft

    Seven residential units include coin laundry, five long-term tenants, and recent updates to select apartments.

    View details
    Multifamily and Medical Office Building
    Multifamily and Medical Office Building

    1201 E South Street, Mount Ayr, IA 50854

    Contact for pricing

    A 12-unit residential complex with an on-site medical office, set on over 2 acres along Highway 2.

    View details

    Off-Market Properties in Lamoni, IA

    Consider similar Off-Market properties in Lamoni, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    300 Linden St
    Multifamily properties

    300 Linden St, Lamoni, IA 50140

    Estimated value:
    by Request
    2,220 sqft 0.28 AC lot
    View details

    Lamoni, IA Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Lamoni, IA on our real estate platform.

    Sale prices for two-family homes in Lamoni, IA average $999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,817
    Population Growth (5Y) -0.5%
    Median Household Income $54,000
    College Educated 71.0%

    High-Yield Neighborhoods for Investment

    Identify Lamoni submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50140 $999K

    Taxes & Financing

    Tax Rate (average for all types) 3.37%
    Tax Rate vs County Average 0.45 pp above county avg
    Average Loan-to-Value 65.0%

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