102 S Main Street, Leon, IA 50144
28|Apartment
NZD $355,687
USD $199,000
Published on: 18 Feb 2026
Last updated on: 05 Nov 2026
Property ID: 110105797814
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MultiFamily, Apartment, Leon, IA
102 S Main Street, Leon, IA 50144
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.
Property Details
Basic Info
Indoor Feature
Outdoor Feature
Basic Info
Property Type
Apartment
Listing Status
Active
Land Size
1,638.98 m2
Building Size
1,454.03 m2
Year Built
1920
Rooms
28 bedroom(s)
Architecture Style
Other
Num Floors
3
County
Decatur
Parcel ID
0733101005
Provider
Des Moines Area Association of REALTORS®, Inc.
Brokerage Office Name
Iowa Realty Co., Inc.
Brokerage Office Phone
(800) 724-2297
Neighbourhoods
Leon
Address
102 S Main Street, Leon, IA 50144
Contact Agent
Sandy Delzell
Iowa Realty Indianola
1501 N Jefferson St , Indianola, IA 50125-1483
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Contact Agent
Contact Agent
Email enquiry to Iowa Realty Indianola
Sandy Delzell
1501 N Jefferson St , Indianola, IA 50125-1483
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Property ID: 110105797814
Original Property ID: 3yd-DMAARIA-734599Data provided by Des Moines Area Association of REALTORS®, Inc., MLS #: 734599
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