24-Unit Apartment
102 S Main Street, Leon, IA 50144
For Sale
$199,000
A substantial rehabilitation is required, with roof issues and water damage among the reported concerns.
Property Size15,651 SF
Price / SF$12.71
Days on Market266
Property Features for 102 S Main Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
shared laundry facilities
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Iowa Realty Indianola
Listed By:
Sandy Delzell
(515) 453-6600
Source:
Goodallproperties
Added: Feb 17
Changed: Nov 9
Last Checked: Nov 8 at 9:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iowa Realty Indianola
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Investment Insights
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This three-story apartment property contains 24 units across a mix of studios and one-, two-, and three-bedroom layouts. The 15,651-square-foot building was constructed in 1920 and includes four garages and shared laundry facilities. It has declining occupancy and deferred maintenance, with roof concerns and water damage noted. Significant repairs are needed, and the property is offered in as-is condition.
Located at 102 S Main Street in downtown Leon, the property is zoned Mul R. Unit mix, garage space, and shared laundry are among its existing features.
Located at 102 S Main Street in downtown Leon, the property is zoned Mul R. Unit mix, garage space, and shared laundry are among its existing features.
Key Highlights
- 24 apartment units in a three‑story building
- 15,651 square feet; built in 1920
- Mix of studio, one-, two-, and three‑bedroom apartments
Property Analytics
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Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - A substantial rehabilitation is required, with roof issues and water damage among the reported concerns.
Where is this apartment building located?
The property is located at 102 S Main Street Leon, IA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 24 apartment units in a three‑story building; 15,651 square feet; built in 1920; Mix of studio, one-, two-, and three‑bedroom apartments
