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Indianola, IA Multifamily Properties for Sale

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Milo, IA Carlisle, IA Saint Charles, 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.

Great location near downtown
Recently renovated kitchen with stainless steel appliances
Spacious backyard perfect for entertaining
Hardwood floors throughout the main living areas
Two‑car garage with ample storage space

Updated: May 12

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$275,000

7,445 SF

Mixed-Use Property on Indianola Square

107 W Salem Avenue, Indianola, IA 50125

Mixed-use property with commercial space and residential units.

Mixed‑use property on the popular Indianola Square.
Boasting 7,445 sq. ft of Commercial space.
Two Residential units: a studio and a 2‑bedroom apartment.
Commercial portion has separate utilities (H20, gas, & electric).
Potential to personalize or add more rental opportunities with alley access.

Updated: Mar 24

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 Active listings in Indianola, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, 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.

Des Moines Fourplex Investment Opportunity

$169,000

1,872 SF

Des Moines Fourplex Investment Opportunity

Southside Des Moines fourplex ready for completion and cash flow.

708 Wall Avenue, Des Moines, IA 50315

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$1,013,600

28.96 Acres

Des Moines Development Land Available

29 acres of development land near Fleur Dr and SW 9th.

01 County Line Road, Des Moines, IA 50320

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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

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Contact for pricing

Des Moines Multifamily Investment Opportunity

Multifamily property in Des Moines, Iowa. Due diligence available.

530 E Kenyon Ave, Des Moines, IA 50315

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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.

Contact for pricing

Improved Residential Lot Ready-to-Go

Affordable, improved corner lot in Davis City, Iowa.

SE Corner W High Street, Davis City, IA 50065

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$1,750,000

35.00 Acres

Leavenworth Land For Sale

35 acre commercial lot with utilities ready for development.

13788 McIntyre1 Road, Leavenworth, KS 66048

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Contact for pricing

0.17 Acres

Residential Lot in Wellsville, MO

Ready-to-build residential lot in a charming small town.

412 Washington Street, Wellsville, MO 63384

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Minnesota Lakeshore Acreage with Development Potential

$124,900

9.30 Acres

Minnesota Lakeshore Acreage with Development Potential

9.3 acres with 244 feet of lakeshore near Worthington.

MOBILE HOME PARK, TRAILER PARK • 0.84 Acres

Value Estimation by Request

Indianola, IA 50125

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Indianola, IA Multifamily Properties Investment Opportunities Market Analysis

Explore 10 multifamily properties for sale in Indianola, IA on our real estate platform. These investment opportunities span a total of 9,845 square feet of properties for sale, with an estimated market value of $625,000.

Sale prices for multifamily properties in Indianola, IA start at $275,000, averaging $312,500, 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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Top Commercial Asset Segments

Demographics Overview

Population 20K

Population Growth (5Y) -1.7%

Median Household Income $86,463

College Educated 44.7%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
50125	$275K

Taxes & Financing

Tax Rate (average for all types) 2.36%

Property Tax per SF $35.69 per sq ft

Tax Rate vs County Average 0.33 pp below county avg

Average Loan-to-Value 65.0%

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Indianola, IA Multifamily Properties for Sale