Apartment Building with Recent
For Sale
$399,000
2010 E Main, Lamoni, IA 50140
Commercial Sale, Lamoni, IA
Property SizeContact for details
Days on Market9
Property Features for 2010 E Main
General Information
Property type
Commercial Sale
Property subtype
Apartment
Parking features
Covered
Directions
Exit 4 off of I-35 head west. Property is on north side of the road.
Standard status
Active
APN
1406300013
Taxes and HOA fees
Tax Year
2024
Tax Description
06.67.26 PART OF PARCEL M, S 300' OF W 360' OF E 920' OF SW SW 6-67-26 LYING N OF HWY #69 LE SS S 80' FOR ROAD (1.82 ACRES TAXABLE) AND PART OF PARCE L M,N 56.5' OF S 356.5' OF W 360' OF E 920' OF SW
Tax Annual Amount
6951
Legal Description
06.67.26 PART OF PARCEL M, S 300' OF W 360' OF E 920' OF SW SW 6-67-26 LYING N OF HWY #69 LE SS S 80' FOR ROAD (1.82 ACRES TAXABLE) AND PART OF PARCE L M,N 56.5' OF S 356.5' OF W 360' OF E 920' OF SW
Utilities
Heating system
Forced Air, Hot Water(Heating)
Water source
Public
Building Details
Year built
1971
Number of units
17
Building materials
Brick
Listing Agency:
Elite Land and Auction LLC
(573) 494-5263
Listed By:
Keegan Smith
(515) 305-0631
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 9 at 10:06PM
MLS# 6343303
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.
Built in 1971, this brick apartment building has covered parking and public water. Heating includes hot water and forced air. Improvements include a new roof and sprinkler system, along with electrical updates in the finished apartments and rough-in electrical work in unfinished areas.
The property is in Lamoni, a college town, with access to Interstate 35 nearby.
The property is in Lamoni, a college town, with access to Interstate 35 nearby.
Key Highlights
- New roof and sprinkler system
- Electrical updates in finished apartments; rough‑in electrical work in unfinished areas
- Brick construction, built in 1971
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 50140, IA
2,503
Population
1,209
Households
2.1
Avg Household Size
31
Median Age
48%
College-Educated
89%
High-School Grad
92.7 sq mi
ZIP Area
27
Density / Sq Mi
$54,000
Median Household Income
$28,409
Median Earnings
$715
Median Rent
$120,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick construction, covered parking, and public water serve the existing multifamily property.
Where is this apartment building located?
The property is located at 2010 E Main Lamoni, IA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: New roof and sprinkler system; Electrical updates in finished apartments; rough‑in electrical work in unfinished areas; Brick construction, built in 1971
