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    Decatur County, IA Residential Income Properties for Sale

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    Des Moines, IA Cedar Rapids, IA Waterloo, IA Sioux City, IA Dubuque, IA Iowa City, IA Davenport, IA Cedar Falls, IA
    Multi-Unit Residential Income Property
    Updated: Dec 30, 2025
    Multi-Unit Residential Income Property

    416 Elm Street S, Lamoni, IA 50140

    $69,900
    0.48 AC lot
    Year built 1890 home with metal roof and laminate flooring
    Public water service; forced air heating
    Most recently used as a duplex/tri‑plex with multiple entries and multi‑metered setup
    Main floor includes 2 bedrooms, updated kitchen with appliances, dining and living areas, 1/2 bath, and washer/dryer hookups
    Upper level option for 2 additional units: one with 2 bedrooms, kitchenette, and full bath; the other with large room, walk‑in closet, and full bath
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    Remodeled Apartment Building with Laundromat
    Updated: Sep 14, 2023
    Remodeled Apartment Building with Laundromat

    318 E Main Street, Lamoni, IA 50140

    $999,000
    1.00 AC lot
    20 Units, All One‑Bedroom, offering consistent and manageable units.
    Fully Remodeled and in Excellent Condition, attracting tenants with reduced maintenance.
    Full Commercial Laundry Facility with 6 washing machines and 8 dryers, a valuable amenity.
    Includes Office and Office Elevator, providing on‑site management and accessibility.
    Brick Construction offers durability.
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    Well-Constructed Multifamily Building in Leon
    Well-Constructed Multifamily Building in Leon

    600 S main Street, Leon, IA 50144

    $199,999

    Legal 5-family residential building, fully occupied in Leon, Iowa.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Remodeled Apartment Building with Laundromat
    Remodeled Apartment Building with Laundromat

    318 E Main Street, Lamoni, IA 50140

    $800,000

    20-unit apartment building with laundromat near Graceland College.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Decatur County, IA, we suggest exploring several alternatives: similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lamoni Vacant Land with Pond
    Lamoni Vacant Land with Pond

    13000 Elk Ridge road lot: 4, Lamoni, IA 50140

    $99,680
    14.24 AC lot

    14+ acre countryside property with rolling grass and mature trees.

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    Pond-Access Recreational Land Tract
    Pond-Access Recreational Land Tract

    E. Concord Rd., Blythedale, MO 64442

    $289,000
    40.00 AC lot

    40+/- acres of bare land with docked pond access, offering recreation and flexible homesite opportunities nearby I-35.

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    Sun Valley Lake Land Opportunity
    Sun Valley Lake Land Opportunity

    1116 Crestview Drive Unit 2, Ellston, IA 50074

    Contact for pricing
    0.44 AC lot

    Off-water lot in a desirable private lake community.

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    Sun Valley Lake Vacant Lots
    Sun Valley Lake Vacant Lots

    11 lots Big Bend Road, Ellston, IA 50074

    $125,000
    1.96 AC lot

    11 contiguous lots near Sun Valley Lake amenities.

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    Off-Market Properties in Decatur County, IA

    Consider similar Off-Market properties in Decatur County, 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

    Value Estimation by Request
    0.24 AC lot
    View details
    300 Linden St
    Multifamily properties

    300 Linden St, Lamoni, IA 50140

    Value Estimation by Request
    2,220 sqft 0.28 AC lot
    View details

    Decatur County, IA Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Decatur County, IA, showcased through 4 active listings on our real estate platform.

    Sale prices for residential income properties in Decatur County, IA start at $69,900, averaging $517,224, and reaching up to $999,000 — 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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