28 Beds
0 Baths
15,651 sqft
$250,000
102 S Main Street, Leon IA, 50144
Price per sqft$15.97
Built in1920
Property size15,651 sqft
Property typeMulti-family
Overview
Active
Listed Feb 17, 2026
Updated 5h ago
SHORT SALE – ALL OFFERS WILL BE CONSIDERED! Opportunity awaits at 102 S Main Street in downtown Leon! This three-story, 24-unit apartment building offers significant redevelopment and value-add potential for an investor ready to take on a substantial renovation project. Featuring a mix of studio, one-, two-, and three-bedroom apartments, four garages, and shared laundry facilities, the property offers an opportunity to restore and reposition an established downtown building. The property has experienced declining occupancy and significant deferred maintenance, including roof concerns and water damage. Substantial repairs and improvements are needed, and buyers should evaluate the property accordingly. Sold AS IS. All offers subject to seller acceptance and final lender approval. Showings by appointment only. Please do not disturb tenants.
$1,663/mo
Est. mortgage payment based on a $250,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 734599
Interior Features
- Bedrooms
- 28
- Bathrooms
- 0
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.4 Acres
Other Property Details
- Taxes
- $5,902
- Tax Frequency
- Annually
- Garage
- Yes
Courtesy of Iowa Realty Indianola, Sandy Delzell,
Listing Contact: (515) 231-8069
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Stephanie Dart shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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