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    Indianola, IA Apartment Buildings for Sale

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    Milo, IA Norwalk, IA Prole, IA
    Mixed-Use Investment in Downtown Indianola
    $350,000
    2,400 SF
    Mixed-Use Investment in Downtown Indianola

    120 N Howard Street, Indianola, IA 50125

    Mixed-use property with commercial space and apartments in prime location.
    • Mixed‑use property at 120 N Howard Street with 1 ground‑floor commercial space and 3 upper apartments
    • Apartment mix: two 1‑bedroom units and one 2‑bedroom unit; each unit includes a kitchen, living area, and bathroom
    • Gross rent listed at $3,325/month, with a long‑term commercial tenant of nearly 10 years
    • Separate electric and gas meters for each unit; tenants pay electric and gas utilities
    • Landlord pays water and trash, plus taxes; public water and public sewer
    Updated: May 12
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Indianola, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Value-Add Multifamily Apartment Community
    $5,900,000
    6.86 Acres
    Value-Add Multifamily Apartment Community

    102-unit apartment community across multiple parcels with surface parking in Des Moines, Iowa.

    920 Meadow Lane, Des Moines, IA 50315

    View details
    Des Moines Multifamily Investment Opportunity
    $745,000
    8,064 SF
    Des Moines Multifamily Investment Opportunity

    Well-maintained 12-unit apartment community in Des Moines, Iowa.

    6920 SW 9th St, Des Moines, IA 50315

    View details
    West Des Moines Loft Living
    $278,000
    West Des Moines Loft Living

    Two-bedroom loft with modern amenities in a prime location.

    640 S 50th Street #2204, West Des Moines, IA 50265

    View details
    Modern Townhome Community in Iowa
    Contact for pricing
    Modern Townhome Community in Iowa

    New 12-unit townhome community with modern amenities.

    302-358 Harmony Ave, West Des Moines, IA, West Des Moines, IA 50266

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

    View details
    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

    View details
    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details

    Indianola, IA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Indianola, IA on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for two-family homes in Indianola, IA start at $350,000, averaging $350,000, and reaching up to $350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 20K
    Population Growth (5Y) -1.7%
    Median Household Income $86,463
    College Educated 44.7%

    High-Yield Neighborhoods for Investment

    Identify Indianola submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    50125 $350K

    Taxes & Financing

    Tax Rate (average for all types) 2.36%
    Property Tax per SF $35.69 per SF
    Tax Rate vs County Average 0.33 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Warren County

    New Delisted

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