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 opportunity in the heart of Le Mars! This remodeled 3-story property offers three spacious apartments plus a unique detached home with an attached garage. Converted to apartments with extensive updates, it features modern kitchens, open layouts, stylish baths, in-unit laundry, and a new roof in 2025. The main floor has 3 bedrooms, 2 baths, and a front porch overlooking Central Ave. The second floor offers 3 bedrooms, 1 bath, pantry kitchen, laundry, and a fireplace, while the third floor has 3 bedrooms, 2 baths, and abundant natural light. The detached home includes vaulted ceilings, a loft bedroom, 1.5 baths, and tuck-under garage. With a fire suppression system, separate utilities, and modern conveniences, this fully leased property combines character, income potential, and long-term value near Hwy 3, schools, employers, and downtown. Strong rental history and excellent tenant appeal make this a rare turnkey investment opportunity.

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

2

1901

1

51031

3942

LISTED BY

United Real Estate Solutions, Daniel Nguyen (712.226.6000)

PROPERTY LOCATION

MORTGAGE CALCULATOR


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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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