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Indianola Hills Multifamily Homes & Duplexes for Sale

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    $254,000

    • Studio
    • 3 Baths
    • 2,140 Sq Ft

    2400 SE 8th St, Des Moines, IA 50315

    Investor opportunity in the heart of Des Moines! Located at 2400 SE 8th St, this multi-family property offers strong rental potential with three separate units—two 1-bed/1-bath units and one 2-bed/1-bath unit—spread across 2,140 sq ft of living space. The property has a masonry foundation, an unfinished basement for additional storage, and off-street parking potential. With each unit already

    Agent Photo

    Eric Fitzgerald

    Keller Williams Realty GDM

    (515) 800-8145

    2400 SE 8th St, Des Moines, IA 50315
  • /25

    $235,000

    • Studio
    • 2 Baths
    • 2,422 Sq Ft

    124 E Olinda Ave, Des Moines, IA 50315

    Great investment opportunity in a great location near downtown Des Moines! This duplex offers versatility—perfect for an owner-occupant looking to offset their mortgage or for an investor seeking strong rental potential. Each unit features 3 bedrooms and 1 full bathroom, each unit includes a stove and refrigerator. Unit 1 is located on the upper level, while Unit 2 is on the main floor, offering

    Misty Darling BH&G Real Estate Innovations

    124 E Olinda Ave, Des Moines, IA 50315
  • /15

    $234,000

    • Studio
    • 2 Baths
    • 1,408 Sq Ft

    349 E Rose Ave, Des Moines, IA 50315

    Fantastic opportunity for investors! This turnkey income-producing duplex is fully leased with a current rental certificate, offering immediate cash flow and peace of mind. Each unit features 2 bedrooms and 1 bathroom with separately metered utilities and walkout basements situated on nearly half an acre lot in a quiet neighborhood. Don’t miss this opportunity to add a solid, income-producing

    Ryan Rivera Zealty Home Advisors

    349 E Rose Ave, Des Moines, IA 50315

Why Live in Indianola Hills

Indianola Hills in Des Moines, Iowa, is a neighborhood located directly south of Downtown Des Moines, offering residents convenient access to city amenities. The area features a mix of early and mid-20th century architectural styles, including single-family ranches, bungalows, Arts and Crafts homes, saltboxes, and farmhouses. Recently built two-bedroom condominiums along Indianola Road provide views of the Raccoon River and Downtown Des Moines. Residents can enjoy local dining options such as Angry Goldfish Pub & Eatery and La Peña Mexican, or venture downtown for more choices and the weekly Des Moines Downtown Farmers’ Market. For groceries, Hy-Vee Grocery is less than 1 mile away, with Walmart and Home Depot about 2 miles away. Indianola Hills is part of the Des Moines Independent Community District, with schools offering free breakfast and lunch to all students. Recreational opportunities include Stone Park, which features a basketball court, open fields, and an accessible playground, as well as the Pioneer Columbus Community Recreational Facility. The Meredith Trail connects the neighborhood to MacRae Park, known for its fishing pond and sprayground. The Des Moines Area Regional Transit Authority provides bus service throughout the neighborhood, and many residents also bike or drive into the city. Des Moines International Airport is approximately 4 miles away. The neighborhood is safer than the national average, and the Indianola Hills Neighborhood Association organizes various community events, including beautification programs and the annual National Night Out. Environmental efforts are encouraged to manage stormwater and reduce pollution in the Raccoon River, with the city offering rebates for larger projects like installing rain barrels.

Home Trends in Indianola Hills, IA

Housing Trends

Median Sale Price
$189,500
Median Single Family Sale Price
$193,350
Median Townhouse Sale Price
$187,450
Median 2 Bedroom Sale Price
$435,000
Average Price Per Sq Ft
$185
Number of Homes for Sale
15
Last 12 months Home Sales
102
Months of Supply
1.80
Median List Price
$200,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
4%
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