102 S Main Street, Leon, IA 50144

Leon
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
102 S Main Street,Leon, IA 50144
$250,000
Virtual Tour
  • 28 Beds
  • - Baths
  • 15,651 sq. ft.
  • Multi-family
  • Active
Listed by: sandy delzell
Office: iowa realty indianola
MLS#:734599
Source:IA_DMAAR

Price summary

  • Price:$250,000
  • Price per sq. ft.:$15.97

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:734599
  • Added:245 day(s) ago
  • Updated:October 21, 2026 at 03:49 PM

Rooms and interior

  • Bedrooms:28
  • Flooring:Carpet, Vinyl
  • Kitchen Description:Cooktop, Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Unfinished, Walk Out Access
  • Living area:15,651 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Electric, Forced Air, Gas, Hot Water, Natural Gas

Structure and exterior

  • Roof:Rolled Hot Mop
  • Year built:1920
  • Building area:15,651 sq. ft.
  • Lot area:0.4 Acres
  • Lot Features:Rectangular Lot
  • Architectural Style:Three Story
  • Construction Materials:Brick, Wood Siding
  • Foundation Description:Block
  • Levels:3 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$15.97
  • Tax amount:$5,902

Features and amenities

  • Appliances:Cooktop, Dryer, Refrigerator, Stove, Washer
  • Laundry features:Dryer, Main Level, Upper Level, Washer
  • Amenities:Fire Alarm, Smoke Detectors

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:4

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