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51031, IA LeMars, 401 CENTRAL AVE SW

51031 in LeMars, IA features homes for sale in the Sale category, with Real Estate MLS # [MLS

$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

92

1901

1

51031

3942

LISTED BY

United Real Estate Solutions, Daniel Nguyen (712.212.1134)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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Listed by : CENTURY 21 PROLINK - LE MARS, JULIE HURT (712.540.7757)
Rachel Carlson - REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Rachel Carlson

REALTOR/OWNER, Pricing Strategy Advisor (PSA)

Ask About this Property #830098

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