426 1ST ST SW, Le Mars, IA 51031

Local realty services provided by:CENTURY 21 ProLink
426 1ST ST SW,Lemars, IA 51031
$325,000
  • - Beds
  • - Baths
  • 3,030 sq. ft.
  • Multi-family
  • Active
Listed by: nic madsen, emmaily kurth
Office: gateway real estate advisors
MLS#:834780
Source:IA_GSCBOR

Price summary

  • Price:$325,000
  • Price per sq. ft.:$107.26

About this home

This fully occupied Le Mars duplex offers a 3 bed and a 4 bed unit, both freshly updated throughout, so it produces income from day one with no lease-up risk or immediate capital outlay. Each unit has its own furnace, central air, and water heater, which keeps utilities split and tenants paying all utilities. The larger floor plans appeal to families and long-term renters, helping keep turnover and vacancy low. Located just a few blocks from downtown with easy access to Highway 75, it's a solid addition to any rental portfolio. Contact the listing agent for rent details and to schedule a showing.

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Home facts

  • Year built:1920
  • Listing ID #:834780
  • Added:5 day(s) ago
  • Updated:October 01, 2026 at 04:40 PM

Rooms and interior

  • Living area:3,030 sq. ft.

Heating and cooling

  • Cooling:2 Central

Structure and exterior

  • Year built:1920
  • Building area:3,030 sq. ft.
  • Lot area:0.21 Acres

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$325,000
  • Price per sq. ft.:$107.26
  • Tax amount:$1,185

Parking

  • Parking description:Detached Garage
  • Garage spaces:2