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    Leon, IA
    Residential Income

    Leon, IA Residential Income Properties for Sale

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    Decatur, IA Bernice, LA Weldon, IA Lamoni, IA Grand River, IA Davis City, IA Osceola, IA Kellerton, IA
    Well-Constructed Multifamily Building in Leon
    Updated: Sep 19, 2023
    Well-Constructed Multifamily Building in Leon

    600 S main Street, Leon, IA 50144

    $199,999
    Legal 5‑family building that is fully occupied
    Stucco construction with forced‑air heating
    Cooling includes window units and central air
    Garage parking on‑site
    Built in 1920
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 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, 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.

    12-Unit Apartment with Medical Office
    12-Unit Apartment with Medical Office

    1201 E South Street, Mount Ayr, IA 50854

    $1,100,000
    2.00 AC lot

    Multifamily property with 12 two-bedroom units plus an occupied medical office, situated on highly visible Highway 2 land.

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    Multifamily and Medical Office Building
    Multifamily and Medical Office Building

    1201 E South Street, Mount Ayr, IA 50854

    Contact for pricing

    A 12-unit residential complex with an on-site medical office, set on over 2 acres along Highway 2.

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    Remodeled Apartment Building with Laundromat
    Remodeled Apartment Building with Laundromat

    318 E Main Street, Lamoni, IA 50140

    $999,000
    1.00 AC lot

    20-unit apartment building with commercial laundry, remodeled and in excellent condition.

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    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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    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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    Land in Peaceful Countryside Area
    Land in Peaceful Countryside Area

    1775 Doyle Street, Osceola, IA 50213

    $105,000
    8.15 AC lot

    8.15 acre lot for custom dream home in Osceola, IA.

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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 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

    Value Estimation by Request
    0.24 AC lot
    View details

    Leon, IA Residential Income Properties Market Trends and Statistics

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

    Sale prices for residential income 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
    Multifamily properties 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 $180K

    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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