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Lamoni, IA Apartment Buildings for Sale

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Apartment Building with Recent Improvements
Updated: Oct 1
Apartment Building with Recent Improvements

2010 E Main, Lamoni, IA 50140

$399,000
New roof and sprinkler system
Electrical updates in finished apartments; rough‑in electrical work in unfinished areas
Brick construction, built in 1971
Covered parking and public water
Hot water and forced‑air heating
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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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20-Unit Apartment Building with Laundry
20-Unit Apartment Building with Laundry

318 E Main Street, Lamoni, IA 50140

$999,000

Remodeled one-bedroom units are complemented by a commercial laundry facility and on-site office.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 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.

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12-Unit Mixed-Use Property
12-Unit Mixed-Use Property

1201 E South Street, Mount Ayr, IA 50854

$999,500
2.25 AC lot

Apartments share the property with office and retail space, including clinic space under lease.

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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.

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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.

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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
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Lamoni, IA Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Lamoni, IA, showcased through 3 active listings on our real estate platform.

Sale prices for apartment complexes in Lamoni, IA start at $399,000, averaging $799,000, and reaching up to $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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