$635,000/mo

606 & 610 N Buxton Street, Indianola, IA 50021

  • 24 beds |
  • 13 baths |
  • 2,040 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $311/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This prime investment property in Indianola offers a fantastic opportunity for buyers looking to expand their portfolio with a multi-unit rental. Located directly across from Simpson College and Buxton Park, this well-maintained parcel includes an 11-unit apartment complex alongside a spacious duplex, making it an attractive option for investors. The apartment building consists of nine two-bedroom, one-bath units and two one-bedroom, one-bath units, many updated throughout the years. Tenants have access to a convenient community laundry room, and off-street parking is also available. The duplex features two units, one with two bedrooms and one bath, and one with 3 bedrooms and 2 baths, offering additional rental possibilities. With its strategic location near Simpson College, the property experiences strong rental demand from students and faculty, ensuring consistent occupancy. Situated near Buxton Park, tenants can enjoy easy access to green spaces and walking trails, adding to the appeal of the residence. Additionally, the property is just minutes from downtown Indianola and various local amenities, making it a well-rounded choice for renters.

Listing Status:
Pending
Date Added:
June 6, 2025 at 05:00AM
Listing Office:
RE/MAX Precision : (515) 223-9492
Listing Agent:
Kilpatrick, Jon : (515) 418-1896
MLS ID:
719671

This listing courtesy of Kilpatrick, Jon, RE/MAX Precision

Location

Schools Nearby

I

Irving Elementary

500 W Clinton Ave, Indianola, IA, 50125

Grades KG-5

0.31 miles away

I

Indianola Middle School

403 S 15th St, Indianola, IA, 50125

Grades 6-8

1.26 miles away

I

Indianola High School

1304 E 1st Ave, Indianola, IA, 50125

Grades 9-12

1.03 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.