$205,000
- Studio
- 2 Baths
- 2,112 Sq Ft
402 W Ashland Ave, Indianola, IA 50125
Kasey Kliegl RE/MAX Concepts
$205,000
402 W Ashland Ave, Indianola, IA 50125
Kasey Kliegl RE/MAX Concepts
$174,900
601 N 1st St, Indianola, IA 50125
Misty Darling BH&G Real Estate Innovations
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.
On average, homes in Indianola, IA sell after 58 days on the market compared to the national average of 52 days. The median sale price for homes in Indianola, IA over the last 12 months is $296,000, up 10% from the median home sale price over the previous 12 months.
In Indianola, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $174,900 to $205,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Indianola is $319,950, while the average sale price is $309,826, offering insights into the local housing market. On average, multi-family homes spend 58 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Indianola, IA.