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    Le Mars, IA
    Residential Income

    Le Mars, IA Residential Income Properties for Sale

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    Merrill, IA Remsen, IA Hinton, IA Ireton, IA Orange City, IA Alton, IA Kingsley, IA Sioux Center, IA
    Updated Two-Unit Duplex
    Updated: Sep 22
    Updated Two-Unit Duplex

    Le Mars, IA 51031

    $325,000
    3,030 sqft 0.21 AC lot
    Two occupied units: one with 3 bedrooms and one with 4
    3,030 square feet on a 0.21‑acre lot
    Each unit has a separate furnace, central air system, and water heater
    Tenants pay utilities
    Built in 1920; residential zoning (res)
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    Renovated Mixed-Use Building
    Updated: Feb 27
    Renovated Mixed-Use Building

    Le Mars, IA 51031

    $584,900
    0.09 AC lot
    Mixed‑use building with commercial space and two upstairs apartments
    Built in 1895 on a 0.09‑acre parcel
    Exposed brick and original tin ceilings remain
    Renovation includes roof, windows, mechanical, plumbing, and electrical updates
    Located at 30 Plymouth St SW, LeMars, IA 51031
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    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 14 Potential Opportunities for your consideration. Besides 2 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

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

    4001 Floyd Blvd, Sioux City, IA 51108

    $345,000
    400 sqft 0.14 AC lot

    Commercially zoned building with an occupied business area and four upstairs apartments in a two-level configuration.

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

    3755 Glen Oaks Blvd, Sioux City, IA 51104

    $1,100,000
    8,000 sqft

    Four multi-level townhomes with patios, finished lower levels, and a mix of occupied and vacant units.

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    44-Unit Townhome Apartment Portfolio
    44-Unit Townhome Apartment Portfolio

    1600 26th St, Sioux City, IA 51104

    $4,950,000
    44,256 sqft 3.37 AC lot

    Two sites provide two- and three-bedroom layouts with central air and forced-air heating.

    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

    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.

    Ready-to-Build Residential Lot
    Ready-to-Build Residential Lot

    Oyens, 51045

    $9,500,000

    Circular-shaped residential lot in a gated enclave, positioned for panoramic views with construction readiness.

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    Ready-to-Build Gated Community Lot
    Ready-to-Build Gated Community Lot

    Oyens, 51045

    $11,500,000

    Buildable lot within a gated enclave of ten properties in LARES, La Asunción, Donato Guerra.

    View details
    Residential Building Site with City Utilities
    Residential Building Site with City Utilities

    Tucker Hill Dr, Hinton, IA 51024

    $148,000
    1.30 AC lot

    Build in a high, view-focused residential setting served by City of Hinton utilities on a combined parcel.

    View details
    Land in Kingsley, Iowa
    Land in Kingsley, Iowa

    Brides Circle Dr, Kingsley, IA 51028

    $75,000
    2.31 AC lot

    Development opportunity in the heart of Kingsley, Iowa.

    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 Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Le Mars, IA on our real estate platform. These investment opportunities span a total of 3,030 square feet of properties for sale, with an estimated market value of $909,900.

    Sale prices for residential income properties in Le Mars, IA start at $325,000, averaging $454,950, and reaching up to $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
    Multifamily properties 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    51031 $584.9K

    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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