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Indianola, IA Multifamily Home for Sale

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    $174,900

    • Studio
    • 2 Baths
    • 1,524 Sq Ft

    601 N 1st St, Indianola, IA 50125

    Excellent investment opportunity near Simpson College and Indianola Square! This income-producing property features two fully rented units. The main-level unit offers 2 bedrooms, 1 bath, a large kitchen, spacious living room, and basement access. The second level unit includes 1 bedroom and 1 bath. Both units have in-unit laundry, providing added convenience for tenants. Oversized lot that

    Misty Darling BH&G Real Estate Innovations

    601 N 1st St, Indianola, IA 50125

Why Live in Indianola

Indianola, IA, the seat of Warren County, is a small city with a rich community-centered history dating back to 1849. Located approximately 17 miles south of Des Moines, it is a popular choice for commuters, with about 60% of residents traveling to the Des Moines metro area for work. The Indianola Community School District includes highly rated schools such as Irving Elementary School and Indianola Middle School. The city hosts notable attractions like The National Balloon Classic, a nine-day hot air balloon festival, and the Warren County Fair, which features carnival rides, music performances, and livestock shows. Indianola offers a variety of housing options, from new constructions and traditional brick homes on the southwest side to established ranch-style and split-level homes in the town center. Dining options are plentiful, with eateries like Brickhouse Tavern, Crouse Café, and The Groggy Dog located along Salem Avenue, Buxton Street, and Ashland Avenue. For everyday errands, residents have access to Hy-Vee, Walmart, Walgreens, and Dollar Tree on U.S. Highway 69. The city boasts several parks, including Memorial Park and Amphitheater, Buxton Park Arboretum, and the Indianola Veterans Memorial Aquatic Center. Indianola is safer than the national average, making it a practical choice for families and professionals alike.

Home Trends in Indianola, IA

Housing Trends

Median Sale Price
$327,990
Median Single Family Sale Price
$333,945
Median 2 Bedroom Sale Price
$115,000
Average Price Per Sq Ft
$204
Number of Homes for Sale
10
Last 12 months Home Sales
131
Months of Supply
0.90
Median List Price
$334,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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