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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 Adelanto, CA Orange City, IA Kingsley, IA Sioux Center, IA
    Renovated Mixed-Use Building
    Updated: Feb 27
    Renovated Mixed-Use Building

    Le Mars, IA 51031

    $584,900
    0.09 AC lot
    Two upstairs apartments within a mixed‑use commercial building
    Renovated with a new roof, windows, and updated mechanical, plumbing, and electrical systems
    Exposed brick, original tin ceilings, and preserved architectural details
    1895 construction date
    0.09‑acre lot in LeMars, Iowa
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    Two-Story Mixed-Use Building
    Updated: May 6
    Two-Story Mixed-Use Building

    Le Mars, IA 51031

    $300,000
    0.09 AC lot
    0.09‑acre parcel in LeMars, Iowa
    Two‑story commercial building constructed in 1895
    Main floor divided into two separate areas
    Upper‑level west side configured for apartment or weekly‑rental use
    Upper‑level east side unfinished and requires work
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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.

    Renovated Quadplex
    Renovated Quadplex

    120 DELAWARE AVE SW, Orange City, IA 51041

    $310,000
    1,715 sqft 0.23 AC lot

    Renovated quadplex in Orange City with three current tenants on month-to-month leases and a shared washer and dryer in the common area.

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    Four-Plex Townhome Property
    Four-Plex Townhome Property

    3755 Glen Oaks Blvd, Sioux City, IA 51104

    $1,100,000
    8,000 sqft

    Well-maintained four-plex townhomes with private patios, central air, and forced-air heat in an HOA community.

    View details
    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    4001 Floyd Blvd, Sioux City, IA 51108

    $350,000
    400 sqft 0.14 AC lot

    Street-level commercial space is paired with four second-floor apartments, including studios and one-bedroom units.

    View details
    44-Unit Apartment Portfolio
    44-Unit Apartment Portfolio

    1600 26th St, Sioux City, IA 51104

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

    Townhome collection with two- and three-bedroom layouts distributed across two sites.

    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.

    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.

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    Land in Kingsley, Iowa
    Land in Kingsley, Iowa

    Brides Circle Dr, Kingsley, IA 51028

    $85,000
    2.31 AC lot

    Development opportunity in the heart of Kingsley, Iowa.

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    Residential Lot in Sioux City
    Residential Lot in Sioux City

    2730 Bings Court, Sioux City, IA 51108

    $60,000
    0.37 AC lot

    Residential land for sale in a quiet cul-de-sac.

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    Residential Land in Sioux City, IA
    Residential Land in Sioux City, IA

    2601 Bings Court, Sioux City, IA 51108

    $60,000
    0.45 AC lot

    Residential land available in Sioux City, Iowa.

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    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

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

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

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

    16th NW Ave, Le Mars, IA 51031

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

    16th NW Ave, Le Mars, IA 51031

    $230,000
    Estimated value
    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.

    Sale prices for residential income properties in Le Mars, IA start at $300,000, averaging $442,450, 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

    Multifamily properties 1
    Short term rental 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 $442.5K

    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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