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Le Mars, IA Multifamily Properties for Sale

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Renovated Historic Commercial Masterpiece
$635,000
0.09 Acres

Renovated Historic Commercial Masterpiece

30 Plymouth St SW, Le Mars, IA 51031

Fully renovated historic commercial property with rental income potential.

  • High income potential: Generates $3,000/month in rental income from two luxury apartments.
  • Prime commercial location: Marquee location on a busy thoroughfare with high visibility.
  • Fully renovated historic building: Painstakingly restored with original architectural details (exposed brick, tin ceilings) and modern updates.
  • Landmark property: Historically significant as the largest department store in Iowa outside of Sioux City west of the Mississippi.
  • New infrastructure: Includes a new roof, windows, and updated mechanical, plumbing, and electrical systems.
Updated: Nov 11, 2025
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Le Mars, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Retail and Apartments
$375,000
4,800 SF

Mixed-Use Property with Retail and Apartments

Retail space plus four apartments in a high-visibility location.

4001 Floyd Blvd, Sioux City, IA 51108
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Sioux City Four-Plex Townhome
$1,100,000
8,000 SF

Sioux City Four-Plex Townhome

Four-unit townhome in desirable Sioux City neighborhood, investment or owner-occupied.

3755 Glen Oaks Blvd, Sioux City, IA 51104
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Vermillion Multifamily Investment Opportunity
Contact for pricing
60,749 SF

Vermillion Multifamily Investment Opportunity

Fully leased Class A multifamily property in Vermillion, South Dakota.

1317 Madison St, Vermillion, SD 57069
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Vermillion Duplex with Rental History
$259,000
3,424 SF

Vermillion Duplex with Rental History

Side-by-side duplex with finished basement and reliable rental history.

302 S Plum St, Vermillion, SD 57069
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Explore Off-Market Properties in Le Mars, IA

Consider similar Off-Market properties in Le Mars, 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.

507 6th SW Ave

507 6th SW Ave

MOBILE HOME PARK, TRAILER PARK • 0.31 Acres
Value Estimation
$250,000
507 6th SW Ave, Le Mars, IA 51031-1927
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16th NW Ave

16th NW Ave

MOBILE HOME PARK, TRAILER PARK • 1.53 Acres
Value Estimation
$230,000
16th NW Ave, Le Mars, IA 51031
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16th NW Ave

16th NW Ave

MOBILE HOME PARK, TRAILER PARK • 5.00 Acres
Value Estimation
$265,000
16th NW Ave, Le Mars, IA 51031
View details
507 6th SW Ave

507 6th SW Ave

MOBILE HOME PARK, TRAILER PARK • 0.59 Acres
Value Estimation
$240,000
507 6th SW Ave, Le Mars, IA 51031-1927
View details

Le Mars, IA Multifamily Properties Investment Opportunities Market Analysis

Explore 5 multifamily properties for sale in Le Mars, IA on our real estate platform. These investment opportunities span a total of 288,366 square feet of properties for sale, with an estimated market value of $1,130,000.

Prices for multifamily properties in Le Mars, IA start at $230,000, averaging $376,666, and reaching up to $635,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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