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    Leon, IA Apartment Buildings for Sale

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    Decatur, IA Davis City, IA Van Wert, IA
    Well-Constructed Multifamily Building in Leon
    $179,999
    Well-Constructed Multifamily Building in Leon

    600 S main Street, Leon, IA 50144

    Legal 5-family residential building, fully occupied in Leon, Iowa.
    • Legal 5‑family building with central air and forced‑air heat
    • Construction materials include stucco
    • Cooling includes central air and window unit(s)
    • Water service provided by public utilities
    • Garage parking available
    Updated: Sep 19, 2023
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    Legal Five-Family Building For Sale
    $179,999
    Legal Five-Family Building For Sale

    600 S Main Street, Leon, IA 50144

    Well-constructed, fully occupied five-family building, pre-qualification required for showings.
    • Legal 5‑family building, offering immediate rental income potential.
    • Fully occupied, indicating strong tenant demand and consistent cash flow.
    • Well‑constructed building, suggesting durability and reduced maintenance.
    • Central air and window air conditioning for tenant comfort.
    • Three parking spaces available.
    Updated: Sep 18, 2023
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Leon, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    24-Unit Multifamily Investment Opportunity
    $1,550,000
    9,751 SF
    24-Unit Multifamily Investment Opportunity

    High-performing, fully occupied 24-unit complex in Knoxville, Iowa.

    1718 & 1804 Dolores Street, Knoxville, IA 50138

    View details
    Knoxville Mixed-Use Investment Opportunity
    $699,000
    0.14 Acres
    Knoxville Mixed-Use Investment Opportunity

    Mixed-use property with commercial spaces and apartments in Knoxville, Iowa.

    307 E Main Street, Knoxville, IA 50138

    View details
    Remodeled Apartment Building with Laundromat
    $800,000
    1.00 Acre
    Remodeled Apartment Building with Laundromat

    20-unit apartment building with commercial laundry, remodeled and in excellent condition.

    318 E Main Street, Lamoni, IA 50140

    View details
    Remodeled Apartment Building with Laundromat
    $800,000
    Remodeled Apartment Building with Laundromat

    20-unit apartment building with laundromat near Graceland College.

    318 E Main Street, Lamoni, IA 50140

    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

    Off-Market Properties in Leon, IA

    Consider similar Off-Market properties in Leon, 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.

    1204 Poplar St
    Multifamily properties
    Lot: 0.24 Acres
    Value Estimation by Request

    1204 Poplar St, Leon, IA 50144

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    Leon, IA Apartment Buildings Investment Opportunities Market Analysis

    Explore 3 apartment buildings for sale in Leon, 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 $359,998.

    Sale prices for two-family homes in Leon, IA start at $179,999, averaging $179,999, and reaching up to $179,999 — 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 2,715
    Population Growth (5Y) +0.1%
    Median Household Income $64,511
    College Educated 19.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    50144 $180K

    Taxes & Financing

    Tax Rate (average for all types) 2.50%
    Tax Rate vs County Average 0.42 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Decatur County

    New Delisted

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