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    Indianola, IA
    Quadplex

    Indianola, IA Quadplexes for Sale

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    Norwalk, IA Ackworth, IA Prole, IA Milo, IA Palmyra, IA Martensdale, IA Saint Marys, IA Saint Charles, IA
    Four-Unit Rental Property
    Updated: May 15
    Four-Unit Rental Property

    104 E Boston Avenue, Indianola, IA 50125

    $199,900
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    104 E Boston Avenue, Indianola, IA 50125

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $229K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1900
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Indianola, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Quadplex with Walkout Basements
    Quadplex with Walkout Basements

    801 & 807 E Mckinley Avenue, Des Moines, IA 50315

    $550,000
    3,499 sqft 0.28 AC lot

    Four-unit quadplex zoned N3A with central air, public water and sewer, and walkout basement space.

    View details
    Four-Unit Walkable Quadplex
    Four-Unit Walkable Quadplex

    2905 High St, Des Moines, IA 50312

    $370,000
    3,374 sqft

    Established multifamily property near restaurants, coffee shops, breweries, and everyday neighborhood conveniences.

    View details
    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    222 Water St, Cambridge, IA 50046

    Contact for pricing
    6,554 sqft

    A mixed-use property combining retail space with four residential units, including handicap-accessible and recently updated apartments.

    View details
    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    222 Water Street, Cambridge, IA 50046

    $849,900
    0.14 AC lot

    Retail and residential components combine in one property with modern apartment amenities.

    View details

    Indianola, IA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Indianola, IA on our real estate platform. These investment opportunities span a total of 1,776 square feet of properties for sale, with an estimated market value of $199,900.

    Sale prices for four-unit buildings in Indianola, IA average $199,900 — 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 $199.9K

    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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