Multi-Unit Residential Income
416 Elm Street S Lamoni, IA 50140
416 Elm Street S, Lamoni, IA, 50140
$74,000
For Sale
$74,000
MULTI_FAMILY - Lamoni, IA
Lot Size0.48 Acres
Days on Market199
Property Features for 416 Elm Street S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- LA/LA-000.000-0007-002.000
- Lot size
- 0.48 Acres
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1890
- Flooring type
- Laminate
- Roof type
- Metal
Listing Agency
The Real Estate Store
(641) 782-4935
701 W. Townline, Suite B, Creston, IA
Listed by
Ruth Bolinger
(641) 782-4935
Added: Dec 30, 2025 Checked: Jul 17 at 9:06 am
MLS# 11622897
Listing URL
Copyright © 2026 My State 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 multi-unit residential income property has most recently been utilized as a duplex/tri-plex and is multi-metered with multiple entries. The main floor includes two bedrooms, an updated kitchen with appliances, dining and living areas, a half bath, and washer/dryer hookups, with walk-out access to the outdoors and to the garage.
The upper level provides the option to create two additional units: one unit with two bedrooms, a kitchenette, and a full bath, and another unit with a larger room that could serve as a studio-style layout, along with a walk-in closet and a full bath. These upper areas are separated by a washer/dryer laundry area.
The property includes an attached double garage for additional storage. The listing notes that HVAC and the water heater may require work. The seller is disclosure exempt.
The upper level provides the option to create two additional units: one unit with two bedrooms, a kitchenette, and a full bath, and another unit with a larger room that could serve as a studio-style layout, along with a walk-in closet and a full bath. These upper areas are separated by a washer/dryer laundry area.
The property includes an attached double garage for additional storage. The listing notes that HVAC and the water heater may require work. The seller is disclosure exempt.
Key Highlights
- Most recently used as a duplex/triplex with multi‑metering and multiple entries
- Main floor features 2 bedrooms, an updated kitchen with appliances, dining and living areas, 1/2 bath, and washer/dryer hookups
- Upper level offers 2 additional unit options: one with 2 bedrooms plus kitchenette and full bath, and one large room with walk‑in closet and full bath
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Multi-metered duplex/tri-plex arrangement with multiple entries, a double garage, and added parking options on a large lot.
Where is this triplex located?
The property is located at 416 Elm Street S Lamoni, IA.
What is the asking price?
The asking price for this property is $74,000.
What are key features of this property?
This property features: Most recently used as a duplex/triplex with multi‑metering and multiple entries; Main floor features 2 bedrooms, an updated kitchen with appliances, dining and living areas, 1/2 bath, and washer/dryer hookups; Upper level offers 2 additional unit options: one with 2 bedrooms plus kitchenette and full bath, and one large room with walk‑in closet and full bath
