401 CENTRAL AVE SW, LeMars, IA 51031

LeMars, IA Multi-Unit Homes for Sale with Real Estate MLS # 830098

$380,000

  • N/A
  • 1
  • 4350
  • Active
Price Adjustment

General Description

Rare investment opportunity in the heart of Le Mars! This remodeled 3-story property features three spacious apartments, plus a unique detached home, with an attached garage. Both units and detached home are fully updated and leased. Major improvements include: a new roof in 2025, modern kitchens and baths, in-unit laundry, a fire suppression system, and separate utilities – which keeps landlord expenses low. Each unit offers 3 bedrooms with generous layouts. While the detached home offers vaulted ceilings and a loft bedroom – giving strong tenant appeal across the board. With four income-producing units, stable tenancy, and low operating overhead, this property delivers consistent cash flow and low-term value. Rent values are competitive for the market, with room for future growth.

Legal: (SEE LONG LEGAL) LOTS 1 & 2 BLK 59 LE MARS
Status: Active

Property Information

830098

$380,000

401 CENTRAL AVE SW

Surrounding Areas/Other Areas

LeMars

Plymouth

IA

Sale

Multi-Unit

4350

1

Detached

55

1901

1

51031

3942

LISTED BY

United Real Estate Solutions, Daniel Nguyen (712.212.1134)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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This Multi-Unit property located at 401 CENTRAL AVE SW (MLS # 830098) falls under the category of Multi-Unit Homes for Sale in LeMars, IA. Listed on , this property is priced at $380,000. Featuring N/A bedrooms and 1 bathrooms, this property at 401 CENTRAL AVE SW offers 4350 sqft of living space and was constructed in 1901. Whether you are interested in exploring new listings in LeMars or specifically looking at properties on 401 CENTRAL AVE SW, you can access all market statistics and community information you need.

For more information on 401 CENTRAL AVE SW and other properties in the surrounding Surrounding Areas/Other Areas, feel free to contact RE/MAX Lakes Realty, the leading real estate agency in the Iowa Great Lakes region and the host of . Our experienced team is ready to assist you with your real estate search in and around LeMars, IA.
Cassie Chilton - Office Manager & Compliance Specialist

Cassie Chilton

Office Manager & Compliance Specialist

Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

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