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Leon, IA Apartment Buildings for Sale

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Well-Constructed Multifamily Building in Leon
Updated: Sep 19, 2023
Well-Constructed Multifamily Building in Leon

600 S main Street, Leon, IA 50144

$199,999
Legal 5‑family building that is fully occupied
Stucco construction with forced‑air heating
Cooling includes window units and central air
Garage parking on‑site
Built in 1920
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

12-Unit Apartment with Medical Office
12-Unit Apartment with Medical Office

1201 E South Street, Mount Ayr, IA 50854

$1,100,000
2.00 AC lot

Multifamily property with 12 two-bedroom units plus an occupied medical office, situated on highly visible Highway 2 land.

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Multifamily and Medical Office Building
Multifamily and Medical Office Building

1201 E South Street, Mount Ayr, IA 50854

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

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Remodeled Apartment Building with Laundromat
Remodeled Apartment Building with Laundromat

318 E Main Street, Lamoni, IA 50140

$999,000
1.00 AC lot

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

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Remodeled Apartment Building with Laundromat
Remodeled Apartment Building with Laundromat

318 E Main Street, Lamoni, IA 50140

$800,000

20-unit apartment building with laundromat near Graceland College.

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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.

Retail-Zoned Development Land Opportunity
Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

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

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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

1204 Poplar St, Leon, IA 50144

Value Estimation by Request
0.24 AC lot
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Leon, IA Apartment Buildings Market Trends and Statistics

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

Sale prices for two-family homes in Leon, IA average $199,999 — 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%

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