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    507 W Clinton Ave Indianola, IA 50125

    New
    Pending
    For Sale
    $80,000

    MULTI_FAMILY - Other - Indianola, IA

    Type:Duplex
    Property size:
    1,792 SF
    Lot size:
    0.16 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 12 at 4:06 am

    Property Features for 507 W Clinton Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Zoning
    R
    Rooms
    Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Basement, Bathroom 2, Bedroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    48390100040
    Size
    1,792 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Building materials
    MetalSiding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Concepts (515) 276-2872 [email protected]

    Listing agent Mike Reagan (515) 276-2872

    Listing date Dec 11, 2025

    MLS# 728319 Listing URL

    Copyright © 2025 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Indianola Duplex Near Simpson College

    This duplex, situated on the south side of Simpson College in Indianola, Iowa, presents a significant opportunity for investors, particularly those interested in renovation projects. The property, located at 507 W Clinton Avenue, is being sold in its current condition. The lot size is 0.1568 acres. The building has 1792 square feet of space. The zoning is classified as R. This multifamily property is located in Warren County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianola
    County
    Warren
    State
    Iowa
    Longitude
    -93.567326
    Latitude
    41.363118

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    FAQs

    What type of property is this?
    Duplex - Duplex near Simpson College, ideal for investors or flippers.
    Where is this duplex located?
    The property is located at 507 W Clinton Ave Indianola, IA.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Investment opportunity as a duplex.; - Ideal for flippers.; - Located on the south side of Simpson College.
    (515) 276-2872
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    Indianola, IA 50125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507 W Clinton Ave Indianola, IA 50125
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