# 2010 E Main, Lamoni, IA 50140

> **TL;DR:** commercial, $399,000, built 1971.
> 2-car garage. Est. $2,134/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $399,000 |
| Year Built | 1971 |
| Garage | 2-car |
| Property Type | Commercial (Apartment) |
| Status | Active |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,018 |
| Estimated Insurance | $116 |
| **Total** | **$2,134** |

## Key Amenities

- 2-car garage

## Property Highlights

- Built in 1971

## Description

### Agent Description
Lamoni Multifamily Investment Opportunity-Potential for 17 Apartments Explore the investment potential of this apartment building in Lamoni, Iowa! The property features eight finished apartments-eight one-bedroom units and one three-bedroom unit-with space for eight additional apartments, offering the potential for 17 total units. Major improvements include a brand-new roof, a brand-new sprinkler system, and updated electrical work in finished units and rough-in electrical work in unfinished units. These upgrades provide a valuable foundation for an investor looking to complete the remaining units and expand the property's rental potential. Located in a college town close to Interstate 35, this property combines convenient access with an opportunity to build a multifamily investment. Whether you're growing an existing portfolio or taking on your next renovation project, this Lamoni property offers room to add value and pursue long-term income potential.

## Location

- **Address:** 2010 E Main, Lamoni, IA 50140
- **County:** Decatur
- **Coordinates:** 40.624158, -93.898549
- **Google Maps:** https://www.google.com/maps?q=40.624158,-93.898549

## Listing Agent

- **Name:** Keegan Smith
- **Brokerage:** Elite Land and Auction LLC
- **Phone:** 5153050631
- **Broker Phone:** 5734945263

## Photos

![2010 E Main - Photo 1](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3207360567r.jpg)

![2010 E Main - Photo 2](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3207360567r.jpg)

![2010 E Main - Photo 3](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1953012019r.jpg)

![2010 E Main - Photo 4](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1491389639r.jpg)

![2010 E Main - Photo 5](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1151892370r.jpg)

![2010 E Main - Photo 6](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f2176943345r.jpg)

![2010 E Main - Photo 7](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f812805625r.jpg)

![2010 E Main - Photo 8](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1614600695r.jpg)

![2010 E Main - Photo 9](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1223297808r.jpg)

![2010 E Main - Photo 10](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1197662133r.jpg)

![2010 E Main - Photo 11](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f469880259r.jpg)

![2010 E Main - Photo 12](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f2440714261r.jpg)

![2010 E Main - Photo 13](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f2832421753r.jpg)

![2010 E Main - Photo 14](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f2678206414r.jpg)

![2010 E Main - Photo 15](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f4223629569r.jpg)

![2010 E Main - Photo 16](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f284213221r.jpg)

![2010 E Main - Photo 17](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1330955298r.jpg)

![2010 E Main - Photo 18](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3081785496r.jpg)

![2010 E Main - Photo 19](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f4234487134r.jpg)

![2010 E Main - Photo 20](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3489163517r.jpg)

![2010 E Main - Photo 21](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3939855060r.jpg)

![2010 E Main - Photo 22](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1019139546r.jpg)

![2010 E Main - Photo 23](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f7032497r.jpg)

![2010 E Main - Photo 24](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3978029994r.jpg)

![2010 E Main - Photo 25](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f680479223r.jpg)

![2010 E Main - Photo 26](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f874153218r.jpg)

![2010 E Main - Photo 27](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f2117978097r.jpg)

![2010 E Main - Photo 28](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1694805578r.jpg)

![2010 E Main - Photo 29](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f4099482754r.jpg)

![2010 E Main - Photo 30](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f2178299163r.jpg)

![2010 E Main - Photo 31](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3748033762r.jpg)

![2010 E Main - Photo 32](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3814106973r.jpg)

![2010 E Main - Photo 33](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1538867697r.jpg)

![2010 E Main - Photo 34](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f3479519984r.jpg)

![2010 E Main - Photo 35](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f304414180r.jpg)

![2010 E Main - Photo 36](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1170039971r.jpg)

![2010 E Main - Photo 37](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f1199104797r.jpg)

![2010 E Main - Photo 38](http://lh.rdcpix.com/495b067b0a3ac219c938f36296f7debal-f2377682474r.jpg)

---

**MLS#:** 6343303 | **Updated:** 2026-10-02
**Source:** listhub

*Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2010-e-main-lamoni-ia-50140-6343303)

---

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