Multifamily

Leon, IA Multifamily Properties for Sale

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Decatur, IA Weldon, IA Lamoni, IA Humeston, IA Grand River, IA Osceola, IA Kellerton, IA Blythedale, MO
Five-Unit Apartment Building
Updated: Sep 19, 2023
Five-Unit Apartment Building

600 S main Street, Leon, IA 50144

$199,999
Legal 5‑family apartment building
Fully occupied
Constructed in 1920
Residential‑Multi‑Family zoning
Stucco construction with forced‑air heating
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Leon, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Historic Mixed-Use Property with Apartments
Historic Mixed-Use Property with Apartments

601 Water St, Princeton, MO 64673

$190,000
5,500 sqft

Historic building combining two apartments, dedicated business space, and substantial storage near Princeton’s town square.

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Multifamily Property with Expansion Potential
Multifamily Property with Expansion Potential

20770 US 136 Highway, Princeton, MO 64673

$1,700,000
8.00 AC lot

Income-producing apartment and ranch-home community with public utilities, off-street parking, and additional residential infrastructure in place.

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Duplex Property with Attached Garage
Duplex Property with Attached Garage

416 Elm Street S, Lamoni, IA 50140

$69,900
0.48 AC lot

Two-level layout offers flexible living arrangements, multiple entries, and additional storage capacity.

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Remodeled 20-Unit Apartment Building
Remodeled 20-Unit Apartment Building

318 E Main Street, Lamoni, IA 50140

$999,000
1.00 AC lot

One-bedroom residences include an on-site commercial laundry and dedicated office space.

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Off-Market Properties in Leon, IA

Consider similar Off-Market properties in Leon, 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.

1204 Poplar St
Multifamily properties

1204 Poplar St, Leon, IA 50144

Estimated value:
by Request
0.24 AC lot
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Leon, IA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Leon, IA on our real estate platform.

Sale prices for multifamily properties in Leon, IA average $199,999 — 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

Apartment buildings 1

Demographics Overview

Population 2,715
Population Growth (5Y) +0.1%
Median Household Income $64,511
College Educated 19.6%

High-Yield Neighborhoods for Investment

Identify Leon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50144 $200K

Taxes & Financing

Tax Rate (average for all types) 2.50%
Tax Rate vs County Average 0.42 pp below county avg
Average Loan-to-Value 65.0%

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