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Well-Constructed Multifamily Building in Leon
For Sale
$199,999

600 S main Street, Leon, IA 50144

COMMERCIAL - Leon, IA

Days on Market1046

Property Features for 600 S main Street

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning Residential-Multi-Family
Parking features Garage
Directions close to town center Leon
Standard status Active
APN 0733150002

Taxes and HOA fees

Tax Year 2022
Tax Description MILES N 1/2 OL C (APTS)
Tax Annual Amount 1480
Legal Description MILES N 1/2 OL C (APTS)

Utilities

Heating system Forced Air
Cooling system Window Unit(s), Central Air
Water source Public

Building Details

Year built 1920
Number of units 5
Building materials Stucco
Listing Agency: Power House Exclusive Real Estate Inc.
Listed By: Michael Powers · License #***
Added: Sep 19, 2023 Changed: Jul 29 Last Checked: Jul 30 at 8:06PM
MLS# 6311553

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a legal 5-family building, very well constructed and fully occupied. The property is zoned for residential multi-family use.

Key Highlights

  • Legal 5‑family building that is fully occupied
  • Stucco construction with forced‑air heating
  • Cooling includes window units and central air

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Dental Office Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

171
Businesses Nearby

Demographics for 50144, IA

2,766
Population
1,312
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
91%
High-School Grad
143.4 sq mi
ZIP Area
19
Density / Sq Mi
$64,511
Median Household Income
$35,558
Median Earnings
$544
Median Rent
$122,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Legal 5-family residential building, fully occupied in Leon, Iowa.
Where is this apartment building located?
The property is located at 600 S main Street Leon, IA.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Legal 5‑family building that is fully occupied; Stucco construction with forced‑air heating; Cooling includes window units and central air
More about this property
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