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    Le Mars, IA Apartment Buildings for Sale

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    Merrill, IA Remsen, IA Hinton, IA
    Historic LeMars Commercial Masterpiece
    $599,000
    0.09 Acres

    Historic LeMars Commercial Masterpiece

    Le Mars, IA 51031

    Renovated commercial property with rental income potential in LeMars, Iowa.

    • Fully renovated historic commercial building with two luxury apartments upstairs, offering both business and residential income potential.
    • Prime location in the "Ice Cream Capital of the World" with high visibility on a major thoroughfare.
    • Generates steady rental income of $3,000 per month.
    • Painstakingly restored with original features like exposed brick and tin ceilings, plus modern updates.
    • New roof, windows, and updated mechanical, plumbing, and electrical systems.
    Updated: Feb 27
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Le Mars, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Sioux City Multifamily Investment
    $869,900
    924 SF

    Sioux City Multifamily Investment

    Six-unit multifamily property in Sioux City, fully rented.

    1520-22 Martha, Sioux City, IA 51105
    View details
    Mixed-Use Property in Sioux City
    $350,000
    400 SF

    Mixed-Use Property in Sioux City

    Commercial space with four apartments in Sioux City, Iowa.

    4001 Floyd Blvd, Sioux City, IA 51108
    View details
    Sixteen-Unit Multifamily Property For Sale
    $1,350,000
    14,516 SF

    Sixteen-Unit Multifamily Property For Sale

    Fully leased multifamily property with recent renovations and garage stalls.

    510 N. 5th Street, Beresford, SD 57004
    View details
    Multifamily Investment Opportunity
    $700,000
    14,516 SF

    Multifamily Investment Opportunity

    Fully leased multifamily property with recent renovations and garage stalls.

    510 N. 5th Street, Beresford, SD 57004
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    Le Mars, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Le Mars, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $599,000.

    Sale prices for two-family homes in Le Mars, IA start at $599,000, averaging $599,000, and reaching up to $599,000 — 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 13K
    Population Growth (5Y) +5.2%
    Median Household Income $74,978
    College Educated 30.0%

    High-Yield Neighborhoods for Investment

    Identify Le Mars submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    51031 $625K

    Taxes & Financing

    Tax Rate (average for all types) 1.99%
    Property Tax per SF $21.15 per sq ft
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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