$250,000

401 W Iowa St Lenox, IA 50851

Estimated payment $1,477/month

Total Views 840
3 Beds
1 Bath
1,180 Sq Ft
$212 Price per Sq Ft

Highlights

  • Hot Property
  • 11.14 Acre Lot
  • Covered patio or porch
  • Lenox Elementary School Rated A-
  • Corner Lot
  • Landscaped with Trees

About This Home

Discover a remarkable investment opportunity in the vibrant town of Lenox, Iowa. This exceptional dual-zoned property offers endless potential for all investment avenues, making it a must-see for savvy investors. With over 10 tillable acres currently utilized for hay production, this property offers the possibility for further agricultural pursuits if you desire. The property includes a 3-bedroom, 1-bathroom home, providing a steady rental income or a residence for the property owner. Ideally suited for a variety of development options, you can capitalize on the high traffic and visibility of the highway frontage to establish a thriving business or transform the ample space into a desirable residential community, offering modern living to the community. Lenox is a bustling town known for its friendly community and growing economic opportunities. Don't miss out on this exceptional investment opportunity. Whether you're looking to kickstart your business portfolio, develop a new residential area, or expand your agriculture portfolio, this property in Lenox is the perfect canvas for your vision.

Last Listed By

Maury Moore

Preferred Properties of Iowa, Inc. Listed on: 05/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Lot Details

  • 11.14 Acre Lot
  • Corner Lot
  • Landscaped with Trees

Parking

  • Driveway

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Lot Details

0

Listing Details

  • Corner Lot: Yes
  • ExteriorCoveredPorch: Yes
  • HamletID: 0
  • HeatFuelGas: Yes
  • HeatTypeForcedAir: Yes
  • InteriorAmps: 0
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Lot Size Acres: 11.14
  • Number Of Stories: 1
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Lenox
  • Prop. Type: Residential
  • PropertyZipCode: 50851
  • PropertyZoneType: 900
  • Renovation Year: 0
  • RoofAsphalt: Yes
  • SForSaleAndRForRental: S
  • SidingVinyl: Yes
  • USStateAbbreviation: IA
  • ViewStreet: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • BasementAreaSquareFootage: 0
  • Basement Type: Partial
  • BasementUnfinished: Yes
  • Fireplaces: 0
  • Number of Rooms: 0
  • AboveArea Sq Ft: 1180

Exterior Features

  • Construction Type: Frame
  • Trees: Yes

Garage/Parking

  • AttachedParking: 0
  • Driveway: Yes
  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 880

Tax Info

  • Tax Year: 0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $250,000 -- $212 / Sq Ft
Source: My State MLS

Source: My State MLS

MLS Number: 11505936