Residential Income

Indianola, IA Residential Income Properties for Sale

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Triplex with Ground-Floor Commercial Space
Updated: May 12
Triplex with Ground-Floor Commercial Space

120 N Howard Street, Indianola, IA 50125

$350,000
2,400 sqft 0.10 AC lot
0.1033‑acre lot and 2,400 square feet total
One ground‑floor commercial space with long‑term tenant of nearly 10 years
Three apartments: two 1‑bedroom units and one 2‑bedroom unit
Bonus storage space leased by a long‑term tenant
Newer vinyl windows and electric baseboard heat; window unit(s) plus central air
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This listing looks promising.

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120 N Howard Street, Indianola, IA 50125

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Four-Unit Rental with Detached Garage
Updated: May 15
Four-Unit Rental with Detached Garage

104 E Boston Avenue, Indianola, IA 50125

$199,900
1,776 sqft 0.21 AC lot
1,776 SF four‑unit rental on a 0.2066‑acre lot
Main level: two studio apartments with kitchenettes and 3/4 baths
Upper unit converted to a large space with two kitchens/baths and living areas
Back one‑bedroom unit with separate entrance
1‑car detached garage plus common‑area backyard
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Mixed-Use Property on Indianola Square
Mixed-Use Property on Indianola Square

107 W Salem Avenue, Indianola, IA 50125

$250,000
7,445 sqft 0.13 AC lot

Mixed-use property with commercial space and residential units.

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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 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.

Side-by-Side Duplexes
Side-by-Side Duplexes

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

$590,000
3,499 sqft 0.67 AC lot

Two side-by-side duplexes with four total 3-bedroom units, finished basements, and tenant-paid utilities.

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

920 Meadow Lane, Des Moines, IA 50315

$5,900,000
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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Des Moines Multifamily Investment Opportunity
Des Moines Multifamily Investment Opportunity

530 E Kenyon Ave, Des Moines, IA 50315

Contact for pricing

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

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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
Development Land in Indianola, Iowa

01 N 15th Street, Indianola, IA 50125

$477,730
9.47 AC lot

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

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Residential Land in Indianola, Iowa
Residential Land in Indianola, Iowa

1308 W 13th Place, Indianola, IA 50125

$109,900
0.87 AC lot

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

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Indianola, Iowa Land Opportunity
Indianola, Iowa Land Opportunity

03 Hayes Street, Indianola, IA 50125

$239,000
10.22 AC lot

10.22 acres between Indianola and Norwalk, Iowa.

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Indianola Acreage Homesite Opportunity
Indianola Acreage Homesite Opportunity

Hayes Street, Indianola, IA 50125

$239,000
11.54 AC lot

11.54 acres in Warren County, ideal for building a home.

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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

Value Estimation by Request
6.77 AC lot
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1801 Jefferson Way
MOBILE HOME PARK, TRAILER PARK

1801 Jefferson Way, Indianola, IA 50125

Value Estimation by Request
17.48 AC lot
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307 2nd Ave
MOBILE HOME PARK, TRAILER PARK

307 2nd Ave, Indianola, IA 50125

Value Estimation by Request
5.78 AC lot
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85Th Ave
Farms

0 85Th Ave, Indianola, IA 50125

Value Estimation by Request
106.00 AC lot
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85Th Ave
Farms

0 85Th Ave, Indianola, IA 50125

Value Estimation by Request
30.70 AC lot
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85th Ave
Farms

85th Ave, Indianola, IA 50125

Value Estimation by Request
20.00 AC lot
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Iowa Ave
Land

0 Iowa Ave, Indianola, IA 50125

Value Estimation by Request
9.46 AC lot
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15Th St
Land

0 15Th St, Indianola, IA 50125

Value Estimation by Request
28.68 AC lot
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800 Iowa Ave
MOBILE HOME PARK, TRAILER PARK

800 Iowa Ave, Indianola, IA 50125-1467

Value Estimation by Request
2.00 AC lot
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300 17th Ave
MOBILE HOME PARK, TRAILER PARK

300 17th Ave, Indianola, IA 50125

Value Estimation by Request
39.00 AC lot
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Indianola, IA 50125
MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Value Estimation by Request
0.52 AC lot
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Indianola, IA 50125
MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Value Estimation by Request
7.91 AC lot
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Indianola, IA 50125
MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Value Estimation by Request
0.84 AC lot
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Indianola, IA Residential Income Properties Market Trends and Statistics

Explore 16 residential income properties for sale in Indianola, IA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,621 square feet of properties for sale, with an estimated market value of $799,900.

Sale prices for residential income properties in Indianola, IA start at $199,900, averaging $266,633, 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 3
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 $266.6K

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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