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    Indianola, IA
    Multifamily

    Indianola, IA Multifamily Properties for Sale

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    Ackworth, IA Norwalk, IA Prole, IA Milo, IA Palmyra, IA Martensdale, IA Saint Marys, IA Saint Charles, IA
    Two-Level Duplex With Rental Income
    Updated: Jul 14
    Two-Level Duplex With Rental Income

    510 S Jefferson Way, Indianola, IA 50125

    $195,000
    2,095 sqft
    3‑bedroom, 1‑1/2‑bath main‑level unit
    1‑bedroom, 1‑bath upper‑level apartment
    Property rental certificate valid until June 2029
    New roof installed in 2016
    Separate laundry serving the main level
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    This listing looks promising.

    Here's a quick look at some key insights for

    510 S Jefferson Way, Indianola, IA

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $251K
      Above asking

    • Property Type

      Duplex
      Built 1900
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    Triplex with Ground-Floor Commercial Space
    Updated: May 12
    Triplex with Ground-Floor Commercial Space

    120 N Howard Street, Indianola, IA 50125

    $350,000
    2,400 sqft 0.10 AC lot
    0.1033‑acre lot and 2,400 square feet total
    One ground‑floor commercial space with long‑term tenant of nearly 10 years
    Three apartments: two 1‑bedroom units and one 2‑bedroom unit
    Bonus storage space leased by a long‑term tenant
    Newer vinyl windows and electric baseboard heat; window unit(s) plus central air
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    Four-Unit Rental with Detached Garage
    Four-Unit Rental with Detached Garage

    104 E Boston Avenue, Indianola, IA 50125

    $199,900
    1,776 sqft 0.21 AC lot

    Four-unit rental with a 1-car detached garage and multiple studio and apartment layouts, fully rented for steady operations.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 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

    Opportunities in Nearby Cities

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

    Side-by-Side Duplexes
    Side-by-Side Duplexes

    707 & 715 E Mckinley Avenue, Des Moines, IA 50315

    $590,000
    3,499 sqft 0.67 AC lot

    Two side-by-side duplexes with four total 3-bedroom units, finished basements, and tenant-paid utilities.

    View details
    Value-Add Multifamily Apartment Community
    Value-Add Multifamily Apartment Community

    920 Meadow Lane, Des Moines, IA 50315

    $5,900,000
    6.86 AC lot

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

    View details
    25-Site Mobile Home Community
    25-Site Mobile Home Community

    1601 Army Post Rd, Des Moines, IA 50315

    Contact for pricing

    South Park offers 22 rent-to-own homes, two vacant park-owned homes, and one commercial unit under a gross lease.

    View details
    Des Moines Multifamily Investment Opportunity
    Des Moines Multifamily Investment Opportunity

    530 E Kenyon Ave, Des Moines, IA 50315

    Contact for pricing

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

    View details

    Off-Market Properties in Indianola, IA

    Consider similar Off-Market properties in Indianola, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1602 2nd Ave
    MOBILE HOME PARK, TRAILER PARK

    1602 2nd Ave, Indianola, IA 50125

    $210,000
    Estimated value
    6.77 AC lot
    View details
    1801 Jefferson Way
    MOBILE HOME PARK, TRAILER PARK

    1801 Jefferson Way, Indianola, IA 50125

    $325,000
    Estimated value
    17.48 AC lot
    View details
    307 2nd Ave
    MOBILE HOME PARK, TRAILER PARK

    307 2nd Ave, Indianola, IA 50125

    $300,000
    Estimated value
    5.78 AC lot
    View details
    800 Iowa Ave
    MOBILE HOME PARK, TRAILER PARK

    800 Iowa Ave, Indianola, IA 50125-1467

    $270,000
    Estimated value
    2.00 AC lot
    View details
    300 17th Ave
    MOBILE HOME PARK, TRAILER PARK

    300 17th Ave, Indianola, IA 50125

    $235,000
    Estimated value
    39.00 AC lot
    View details
    Indianola, IA 50125
    MOBILE HOME PARK, TRAILER PARK

    Indianola, IA 50125

    $830,000
    Estimated value
    0.52 AC lot
    View details
    Indianola, IA 50125
    MOBILE HOME PARK, TRAILER PARK

    Indianola, IA 50125

    $235,000
    Estimated value
    7.91 AC lot
    View details
    Indianola, IA 50125
    MOBILE HOME PARK, TRAILER PARK

    Indianola, IA 50125

    $870,000
    Estimated value
    0.84 AC lot
    View details

    Indianola, IA Multifamily Properties Market Trends and Statistics

    Explore 11 multifamily properties for sale in Indianola, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,271 square feet of properties for sale, with an estimated market value of $744,900.

    Sale prices for multifamily properties in Indianola, IA start at $195,000, averaging $248,300, 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

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Quadplexes 1
    Triplexes 1

    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 $266.6K

    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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