Quadplex

Indianola, IA Quadplexes for Sale

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Milo, IA Norwalk, IA Prole, IA Carlisle, IA Saint Charles, IA Saint Marys, IA Martensdale, IA Des Moines, IA
Four-Unit Residential Income Property
Updated: May 15
Four-Unit Residential Income Property

104 E Boston Avenue, Indianola, IA 50125

$199,900
1,776 sqft 0.21 AC lot
4‑unit rental property near the Indianola square (3 studio apartments and 1 BR apartment)
Recently updated electric meter and panel; much of the unit is rewired
Main level includes two studio apartments with kitchenettes and 3/4 baths
Upper unit converted to one large space with 2 kitchens/baths plus living areas
1 BR unit has a separate back entrance; common backyard space
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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.

Duplex Portfolio with Four Units
Duplex Portfolio with Four Units

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

$550,000
3,499 sqft 0.28 AC lot

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

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Mixed-Use Retail and Apartments
Mixed-Use Retail and Apartments

210 W Montgomery Street, Creston, IA 50801

$89,900
5,600 sqft 0.07 AC lot

Retail storefront with four upstairs apartments and a full basement, with appliances included.

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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.

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Mixed-Use Retail with Apartments
Mixed-Use Retail with Apartments

210 W Montgomery Street, Creston, IA 50801

$89,900

Retail storefront with four upstairs apartments and a full basement, with income from both retail and residential units.

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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 start at $199,900, averaging $199,900, and reaching up to $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%

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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