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    Indianola, IA
    Multifamily

    Indianola, IA Multifamily Properties for Sale

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    Norwalk, IA Ackworth, IA Milo, IA Saint Marys, IA Prole, IA Saint Charles, IA Palmyra, IA Martensdale, IA
    Victorian Quadplex With Wraparound Porch
    Updated: Sep 2
    Victorian Quadplex With Wraparound Porch

    310 E Salem Avenue, Indianola, IA 50125

    $330,000
    2,995 sqft 0.27 AC lot
    Four occupied apartments, each with 1 bedroom, 1 bathroom, and a garage stall
    2,995 square feet on a 0.2686‑acre lot
    Four separately metered units; three include deck, balcony, or porch access
    Victorian construction dating to 1920 with a wraparound porch
    Porch foundation stabilization completed in 2020
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    Four-Unit Rental Property
    Updated: May 15
    Four-Unit Rental Property

    104 E Boston Avenue, Indianola, IA 50125

    $194,900
    1,776 sqft 0.21 AC lot
    Four‑unit property with 3 studio apartments and 1 BR apartment
    1,776 square feet on a 0.2066‑acre lot
    Fully rented configuration
    Updated electric meter and panel with much of the property rewired
    One‑car detached garage and shared backyard
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    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    120 N Howard Street, Indianola, IA 50125

    $350,000
    2,400 sqft 0.10 AC lot

    Brick property combining a commercial storefront with three apartments and separately metered utilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics
    Mixed-Use Property with Two Apartments
    Mixed-Use Property with Two Apartments

    107 W Salem Ave, Indianola, IA 50125

    $225,000
    6,640 sqft

    Commercial space and two electric residential units share a historic building with separate commercial utilities and shared laundry.

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    Four-Unit Victorian Quadplex
    Four-Unit Victorian Quadplex

    310 E Salem Ave, Indianola, IA 50125

    $330,000
    2,995 sqft

    Two-level configuration includes individually metered apartments, private exterior access for three units, and basement laundry facilities.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 5 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 Quadplex Property
    Side-by-Side Quadplex Property

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

    $590,000
    3,499 sqft 0.67 AC lot

    Four residential units offer basement space, private outdoor areas, and shared driveway access in a consolidated configuration.

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    30-Unit Apartment Building
    30-Unit Apartment Building

    5555 Southwest 9th Street, Des Moines, IA 50315

    $1,650,000
    23,400 sqft 0.73 AC lot

    Three-story community with one- and two-bedroom floor plans, surface parking, and recent exterior improvements.

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    Value-Add Multifamily Apartment Community
    Value-Add Multifamily Apartment Community

    920 Meadow Lane, Des Moines, IA 50315

    $5,500,000
    6.86 AC lot

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

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    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.

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    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

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

    1801 Jefferson Way, Indianola, IA 50125

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

    307 2nd Ave, Indianola, IA 50125

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

    800 Iowa Ave, Indianola, IA 50125-1467

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

    300 17th Ave, Indianola, IA 50125

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

    Indianola, IA 50125

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

    Indianola, IA 50125

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

    Indianola, IA 50125

    Estimated value:
    $870,000
    0.84 AC lot
    View details

    Indianola, IA Multifamily Properties Market Trends and Statistics

    Explore 13 multifamily properties for sale in Indianola, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,806 square feet of properties for sale, with an estimated market value of $1,429,900.

    Sale prices for multifamily properties in Indianola, IA start at $194,900, averaging $285,980, 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

    Quadplexes 3
    Duplexes 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 $286K

    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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