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    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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    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
    View Property Analytics
    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Warren County, IA, we suggest exploring several alternatives:

    Warren County, IA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Warren County, 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 Warren County, 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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