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    Merrill, IA Remsen, IA Hinton, IA Orange City, IA Ireton, IA Alton, IA Kingsley, IA Sioux Center, IA
    Renovated Historic Mixed-Use Building
    Updated: Feb 27
    Renovated Historic Mixed-Use Building

    Le Mars, IA 51031

    $584,900
    0.09 AC lot
    Mixed‑use building constructed in 1895
    Two upper‑level apartments
    Exposed brick and original tin ceilings
    New roof and windows
    Mechanical, plumbing, and electrical updates
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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

    Opportunities in Nearby Cities

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

    Occupied Mixed-Use Property
    Occupied Mixed-Use Property

    4001 Floyd Blvd, Sioux City, IA 51108

    $345,000
    400 sqft 0.14 AC lot

    Commercial zoning supports a fully occupied building combining street-level business space with four second-floor apartments.

    View details
    Renovated Quadplex
    Renovated Quadplex

    120 DELAWARE AVE SW, Orange City, IA 51041

    $310,000
    1,715 sqft 0.23 AC lot

    Four-unit residential property with shared laundry and three current tenants on month-to-month leases.

    View details
    Four-Unit Townhome Property
    Four-Unit Townhome Property

    3755 Glen Oaks Blvd, Sioux City, IA 51104

    $1,100,000
    8,000 sqft

    Four three-level residences with patios, finished lower levels, central air, and a mix of leased and vacant units.

    View details
    Four-Unit Townhome Quadplex
    Four-Unit Townhome Quadplex

    3755 Glen Oaks Blvd #1-4, Sioux City, IA 51104

    $1,100,000

    Three-level townhome units offer private patios, finished lower-level living areas, and a mix of occupied and vacant residences.

    View details

    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
    MOBILE HOME PARK, TRAILER PARK

    507 6th SW Ave, Le Mars, IA 51031-1927

    Estimated value:
    $250,000
    0.31 AC lot
    View details
    507 6th SW Ave
    MOBILE HOME PARK, TRAILER PARK

    507 6th SW Ave, Le Mars, IA 51031-1927

    Estimated value:
    $240,000
    0.59 AC lot
    View details
    16th NW Ave
    MOBILE HOME PARK, TRAILER PARK

    16th NW Ave, Le Mars, IA 51031

    Estimated value:
    $265,000
    5.00 AC lot
    View details
    16th NW Ave
    MOBILE HOME PARK, TRAILER PARK

    16th NW Ave, Le Mars, IA 51031

    Estimated value:
    $230,000
    1.53 AC lot
    View details

    Le Mars, IA Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Le Mars, IA on our real estate platform.

    Sale prices for multifamily properties in Le Mars, IA average $584,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +5.2%
    Median Household Income $74,978
    College Educated 30.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.99%
    Property Tax per SF $21.15 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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