$174,900

601 N 1st Street, Indianola, IA 50125

  • 4 beds |
  • 2 baths |
  • 1,524 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $115/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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 includes private off-street parking and ample street parking for guests and tenants. Conveniently located near Hwy 65/69. Turnkey investment with reliable rental income.

Listing Status:
Active
Date Added:
June 3, 2025 at 05:00AM
Listing Office:
BH&G Real Estate Innovations : (515) 962-5555
Listing Agent:
Misty Darling : (515) 478-3664
MLS ID:
719413
  • Basement: Unfinished
  • A/C: Window Unit(s)
  • Heating: BaseboardElectric

This listing courtesy of Misty Darling, BH&G Real Estate Innovations

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Irving Elementary

500 W Clinton Ave, Indianola, IA, 50125

Grades KG-5

0.37 miles away

I

Indianola Middle School

403 S 15th St, Indianola, IA, 50125

Grades 6-8

1.17 miles away

I

Indianola High School

1304 E 1st Ave, Indianola, IA, 50125

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.