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    Leon, IA
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    Leon, IA Residential Income Properties for Sale

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    Decatur, IA Davis City, IA Van Wert, IA
    Well-Constructed Multifamily Building in Leon
    $179,999
    Well-Constructed Multifamily Building in Leon

    600 S main Street, Leon, IA 50144

    Legal 5-family residential building, fully occupied in Leon, Iowa.
    • Legal 5‑family building with central air and forced‑air heat
    • Construction materials include stucco
    • Cooling includes central air and window unit(s)
    • Water service provided by public utilities
    • Garage parking available
    Updated: Sep 19, 2023
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    Legal Five-Family Building For Sale
    $179,999
    Legal Five-Family Building For Sale

    600 S Main Street, Leon, IA 50144

    Well-constructed, fully occupied five-family building, pre-qualification required for showings.
    • Legal 5‑family building, offering immediate rental income potential.
    • Fully occupied, indicating strong tenant demand and consistent cash flow.
    • Well‑constructed building, suggesting durability and reduced maintenance.
    • Central air and window air conditioning for tenant comfort.
    • Three parking spaces available.
    Updated: Sep 18, 2023
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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.

    Chariton Duplex with Rental Income
    $189,000
    1,680 SF
    Chariton Duplex with Rental Income

    Side-by-side duplex in Chariton, IA with steady rental income.

    216 S 12Th Street, Chariton, IA 50049

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    Side-by-Side Duplex with Rental Income
    $189,000
    Side-by-Side Duplex with Rental Income

    Duplex featuring two-bedroom units, off-street parking, and shared garage.

    216 S 12Th Street, Chariton, IA 50049

    View details
    Remodeled Apartment Building with Laundromat
    $800,000
    1.00 Acre
    Remodeled Apartment Building with Laundromat

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

    318 E Main Street, Lamoni, IA 50140

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    Remodeled Apartment Building with Laundromat
    $800,000
    Remodeled Apartment Building with Laundromat

    20-unit apartment building with laundromat near Graceland College.

    318 E Main Street, Lamoni, IA 50140

    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.

    Improved Residential Lot Ready-to-Go
    Contact for pricing
    Improved Residential Lot Ready-to-Go

    Affordable, improved corner lot in Davis City, Iowa.

    SE Corner W High Street, Davis City, IA 50065

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    Land in Peaceful Countryside Area
    $105,000
    8.15 Acres
    Land in Peaceful Countryside Area

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

    1775 Doyle Street, Osceola, IA 50213

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    Sun Valley Lake Land Opportunity
    Contact for pricing
    0.44 Acres
    Sun Valley Lake Land Opportunity

    Off-water lot in a desirable private lake community.

    1116 Crestview Drive Unit 2, Ellston, IA 50074

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    Sun Valley Lake Vacant Lots
    $125,000
    1.96 Acres
    Sun Valley Lake Vacant Lots

    11 contiguous lots near Sun Valley Lake amenities.

    11 lots Big Bend Road, Ellston, IA 50074

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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
    Lot: 0.24 Acres
    Value Estimation by Request

    1204 Poplar St, Leon, IA 50144

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    Leon, IA Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Leon, IA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $359,998.

    Sale prices for residential income properties in Leon, IA start at $179,999, averaging $179,999, and reaching up to $179,999 — 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 2
    Multifamily properties 2

    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%

    Listings Trend

    New vs delisted commercial listings in Decatur County

    New Delisted

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