Investment property or Personal home. You decide. This home was converted to a duplex several years ago, with a 3-Bedroom, 1-1/2 bath on the main level and 1-Bedroom, 1-Bath apartment on the upper level. The main level also has its own laundry. Long term tenants are now on a month-to-month lease arrangement. Identified buyers only. Included items noted on the SD. Proof of funds and/or a pre-approval letter must be provided prior to showing. The property rental certificate is valid until June 2029. A new roof was installed in 2016. Tenants are responsible for utilities. 24 hours’ notice is required to show.
Investment opportunity is knocking! 4-unit rental with 3 studio apartments & a 1 BR apartment near the Indianola square. Main level included 2 studio apartments including kitchenettes and ¾ baths. Upper unit has been converted into 1 large space featuring 2 kitchens/baths and living spaces, perfect for friend to be close but have individual spaces. 1 BR larger unit with separate entrance at the back of the property. Common area backyard and additional income potential with a 1 car detached garage. Fully rented & providing steady cash flow & quality return. 24-hour notice to preview.
Prime mixed-use investment opportunity in the heart of downtown Indianola! 120 N Howard Street features a main-level commercial space with a long-term tenant of nearly 10 years, plus three upper-level apartments consisting of two 1-bedroom units and one 2-bedroom unit. Each apartment includes a kitchen, living room and bathroom. One ground floor commercial space. Gross rent are $3,325/month. Additional income potential comes from a bonus storage space currently leased by a long-term tenant. Property features newer vinyl windows, electric baseboard heat, and separate electric and gas meters for each unit, with tenants paying their own electric and gas utilities. Landlord pays water, trash, and taxes. Located directly across from the new Warren County Courthouse and on the town square, this property offers excellent visibility and convenience near dining, nightlife, shopping, and Simpson College. Street parking available. Strong rental history and prime location make this a great addition to any investment portfolio. Call today to schedule your private showing!
Indianola is located in Iowa. Indianola, Iowa has a population of 15,544. Indianola is less family-centric than the surrounding county with 32.84% of the households containing married families with children. The county average for households married with children is 36.92%.
The median household income in Indianola, Iowa is $67,206. The median household income for the surrounding county is $85,189 compared to the national median of $69,021. The median age of people living in Indianola is 35.4 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 12.6 degrees. The average rainfall is approximately 36.1 inches per year, with 30.3 inches of snow per year.
