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Indianola, IA

Multifamily

Indianola, IA Multifamily Properties for Sale

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Milo, IA Norwalk, IA Prole, IA

Mixed-Use Investment in Downtown Indianola

Updated: May 12

Mixed-Use Investment in Downtown Indianola

120 N Howard Street, Indianola, IA 50125

$350,000

2,400 sqft · 0.10 AC lot

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

Mixed-Use Property on Indianola Square

Updated: Jan 4, 2025

Mixed-Use Property on Indianola Square

107 W Salem Avenue, Indianola, IA 50125

$250,000

7,445 sqft · 0.13 AC lot

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.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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.

Duplex Portfolio with Shared Drive

Duplex Portfolio with Shared Drive

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

$590,000

3,499 sqft · 0.67 AC lot

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

Des Moines Fourplex Investment Opportunity

Des Moines Fourplex Investment Opportunity

708 Wall Avenue, Des Moines, IA 50315

$167,000

1,872 sqft · 0.20 AC lot

Southside Des Moines fourplex ready for completion.

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.

Des Moines Multifamily Investment Opportunity

Des Moines Multifamily Investment Opportunity

530 E Kenyon Ave, Des Moines, IA 50315

$9,790,000

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

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.

Commercial Development Land with Dirt Pads

Commercial Development Land with Dirt Pads

N 41st St, Bethany, MO 64424

$300,000

10.00 AC lot

10-acre commercial parcel with professionally constructed dirt pads and laid-out roadway, positioned for multi-unit rental development.

Leavenworth Land For Sale

Leavenworth Land For Sale

13788 McIntyre1 Road, Leavenworth, KS 66048

$1,750,000

35.00 AC lot

35 acre commercial lot with utilities ready for development.

Residential Lot in Wellsville, MO

Residential Lot in Wellsville, MO

412 Washington Street, Wellsville, MO 63384

Contact for pricing

0.17 AC lot

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

Lakeshore Recreation Land Parcel

Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900

9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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.

MOBILE HOME PARK, TRAILER PARK

1602 2nd Ave, Indianola, IA 50125

Value Estimation by Request

6.77 AC lot

1801 Jefferson Way

MOBILE HOME PARK, TRAILER PARK

1801 Jefferson Way, Indianola, IA 50125

Value Estimation by Request

17.48 AC lot

MOBILE HOME PARK, TRAILER PARK

307 2nd Ave, Indianola, IA 50125

Value Estimation by Request

5.78 AC lot

MOBILE HOME PARK, TRAILER PARK

800 Iowa Ave, Indianola, IA 50125-1467

Value Estimation by Request

2.00 AC lot

MOBILE HOME PARK, TRAILER PARK

300 17th Ave, Indianola, IA 50125

Value Estimation by Request

39.00 AC lot

Indianola, IA 50125

MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Value Estimation by Request

0.52 AC lot

Indianola, IA 50125

MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Value Estimation by Request

7.91 AC lot

Indianola, IA 50125

MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Value Estimation by Request

0.84 AC lot

Indianola, IA Multifamily Properties Market Trends and Statistics

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 $600,000.

Sale prices for multifamily properties in Indianola, IA start at $250,000, averaging $300,000, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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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