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    Indianola, IA Residential Income Properties for Sale

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    Milo, IA Norwalk, IA Prole, IA
    Mixed-Use Investment in Downtown Indianola
    $350,000
    2,400 SF
    Mixed-Use Investment in Downtown Indianola

    120 N Howard Street, Indianola, IA 50125

    Mixed-use property with commercial space and apartments in prime location.
    • 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
    Updated: May 12
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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 1 Active listings in Indianola, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 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.

    Des Moines Fourplex Investment Opportunity
    $167,000
    1,872 SF
    Des Moines Fourplex Investment Opportunity

    Southside Des Moines fourplex ready for completion.

    708 Wall Avenue, Des Moines, IA 50315

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    Value-Add Multifamily Apartment Community
    $5,900,000
    6.86 Acres
    Value-Add Multifamily Apartment Community

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

    920 Meadow Lane, Des Moines, IA 50315

    View details
    Des Moines Multifamily Investment Opportunity
    $745,000
    8,064 SF
    Des Moines Multifamily Investment Opportunity

    Well-maintained 12-unit apartment community in Des Moines, Iowa.

    6920 SW 9th St, Des Moines, IA 50315

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    Des Moines Multifamily Investment Opportunity
    Contact for pricing
    Des Moines Multifamily Investment Opportunity

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

    530 E Kenyon Ave, Des Moines, IA 50315

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    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.

    Development Land in Indianola, Iowa
    $477,730
    9.47 Acres
    Development Land in Indianola, Iowa

    9.46-acre parcel suitable for residential development with city utilities.

    01 N 15th Street, Indianola, IA 50125

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    Residential Land in Indianola, Iowa
    $109,900
    0.87 Acres
    Residential Land in Indianola, Iowa

    Cul-de-sac lots for custom build near Deer Run Golf Course.

    1308 W 13th Place, Indianola, IA 50125

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    Indianola, Iowa Land Opportunity
    $239,000
    10.22 Acres
    Indianola, Iowa Land Opportunity

    10.22 acres between Indianola and Norwalk, Iowa.

    03 Hayes Street, Indianola, IA 50125

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    Executive Homebuilding Land Parcel
    $239,000
    10.22 Acres
    Executive Homebuilding Land Parcel

    Build-ready rural acreage with approved driveway locations and utilities, set near Indianola in northwest Warren County.

    02 Hayes Street, Indianola, IA 50125

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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
    Lot: 6.77 Acres
    Value Estimation by Request

    1602 2nd Ave, Indianola, IA 50125

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    1801 Jefferson Way
    MOBILE HOME PARK, TRAILER PARK
    Lot: 17.48 Acres
    Value Estimation by Request

    1801 Jefferson Way, Indianola, IA 50125

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    307 2nd Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.78 Acres
    Value Estimation by Request

    307 2nd Ave, Indianola, IA 50125

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    85Th Ave
    Farms
    Lot: 106.00 Acres
    Value Estimation by Request
    85Th Ave

    0 85Th Ave, Indianola, IA 50125

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    85Th Ave
    Farms
    Lot: 30.70 Acres
    Value Estimation by Request
    85Th Ave

    0 85Th Ave, Indianola, IA 50125

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    85th Ave
    Farms
    Lot: 20.00 Acres
    Value Estimation by Request

    85th Ave, Indianola, IA 50125

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    Iowa Ave
    Land
    Lot: 9.46 Acres
    Value Estimation by Request
    Iowa Ave

    0 Iowa Ave, Indianola, IA 50125

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    15Th St
    Land
    Lot: 28.68 Acres
    Value Estimation by Request
    15Th St

    0 15Th St, Indianola, IA 50125

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    800 Iowa Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.00 Acres
    Value Estimation by Request

    800 Iowa Ave, Indianola, IA 50125-1467

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    300 17th Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 39.00 Acres
    Value Estimation by Request

    300 17th Ave, Indianola, IA 50125

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    Indianola, IA 50125
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.52 Acres
    Value Estimation by Request

    Indianola, IA 50125

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    Indianola, IA 50125
    MOBILE HOME PARK, TRAILER PARK
    Lot: 7.91 Acres
    Value Estimation by Request

    Indianola, IA 50125

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    Indianola, IA 50125
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.84 Acres
    Value Estimation by Request

    Indianola, IA 50125

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    Indianola, IA Residential Income Properties Market Trends and Statistics

    Explore 14 residential income properties for sale in Indianola, IA on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $350,000.

    Sale prices for residential income properties in Indianola, IA start at $350,000, averaging $350,000, 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

    Multifamily properties 2
    Apartment buildings 1
    Duplexes 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 $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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