Residential Income

Indianola, IA Residential Income Properties for Sale

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Victorian Quadplex With Wraparound Porch
Updated: Sep 2
Victorian Quadplex With Wraparound Porch

310 E Salem Avenue, Indianola, IA 50125

$330,000
2,995 sqft 0.27 AC lot
Four occupied apartments, each with 1 bedroom, 1 bathroom, and a garage stall
2,995 square feet on a 0.2686‑acre lot
Four separately metered units; three include deck, balcony, or porch access
Victorian construction dating to 1920 with a wraparound porch
Porch foundation stabilization completed in 2020
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Downtown Mixed-Use Building
Updated: May 12
Downtown Mixed-Use Building

120 N Howard Street, Indianola, IA 50125

$350,000
2,400 sqft 0.10 AC lot
2,400 square feet with one commercial space and three upper‑level apartments
Residential mix includes two 1‑bedroom units and one 2‑bedroom unit
0.1033‑acre lot at 120 N Howard Street in downtown Indianola
Located across from the Warren County Courthouse and on the town square
C/MR zoning with public water and public sewer
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Four-Unit Rental Property
Four-Unit Rental Property

104 E Boston Avenue, Indianola, IA 50125

$194,900
1,776 sqft 0.21 AC lot

Fully occupied residential income property with updated electrical service, public utilities, and a detached garage.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Mixed-Use Property with Two Apartments
Mixed-Use Property with Two Apartments

107 W Salem Ave, Indianola, IA 50125

$225,000
6,640 sqft

Commercial space and two electric residential units share a historic building with separate commercial utilities and shared laundry.

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CommercialSale, Indianola, IA
CommercialSale, Indianola, IA

1008 S Jefferson Way, Indianola, IA 50125

$249,900
0.90 AC lot

Commercial land · 0.90 Acres

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

107 W Salem Avenue, Indianola, IA 50125

$225,000
0.13 AC lot

Two residential units complement the commercial space, with separate utility service for the business area.

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Four-Unit Victorian Quadplex
Four-Unit Victorian Quadplex

310 E Salem Ave, Indianola, IA 50125

$330,000
2,995 sqft

Two-level configuration includes individually metered apartments, private exterior access for three units, and basement laundry facilities.

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Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 7 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.

30-Unit Apartment Building
30-Unit Apartment Building

5555 Southwest 9th Street, Des Moines, IA 50315

$1,650,000
23,400 sqft 0.73 AC lot

Three-story community with one- and two-bedroom floor plans, surface parking, and recent exterior improvements.

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

920 Meadow Lane, Des Moines, IA 50315

$5,500,000
6.86 AC lot

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

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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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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.

View details

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

$108,900
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

$229,000
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

$234,000
11.54 AC lot

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

View details

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

Estimated value:
$210,000
6.77 AC lot
View details
1801 Jefferson Way
MOBILE HOME PARK, TRAILER PARK

1801 Jefferson Way, Indianola, IA 50125

Estimated value:
$325,000
17.48 AC lot
View details
307 2nd Ave
MOBILE HOME PARK, TRAILER PARK

307 2nd Ave, Indianola, IA 50125

Estimated value:
$300,000
5.78 AC lot
View details
85Th Ave
Farms

0 85Th Ave, Indianola, IA 50125

Estimated value:
No data
106.00 AC lot
View details
85Th Ave
Farms

0 85Th Ave, Indianola, IA 50125

Estimated value:
No data
30.70 AC lot
View details
85th Ave
Farms

85th Ave, Indianola, IA 50125

Estimated value:
No data
20.00 AC lot
View details
Iowa Ave
Land

0 Iowa Ave, Indianola, IA 50125

Estimated value:
No data
9.46 AC lot
View details
15Th St
Land

0 15Th St, Indianola, IA 50125

Estimated value:
No data
28.68 AC lot
View details
800 Iowa Ave
MOBILE HOME PARK, TRAILER PARK

800 Iowa Ave, Indianola, IA 50125-1467

Estimated value:
$270,000
2.00 AC lot
View details
300 17th Ave
MOBILE HOME PARK, TRAILER PARK

300 17th Ave, Indianola, IA 50125

Estimated value:
$235,000
39.00 AC lot
View details
Indianola, IA 50125
MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Estimated value:
$830,000
0.52 AC lot
View details
Indianola, IA 50125
MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Estimated value:
$235,000
7.91 AC lot
View details
Indianola, IA 50125
MOBILE HOME PARK, TRAILER PARK

Indianola, IA 50125

Estimated value:
$870,000
0.84 AC lot
View details

Indianola, IA Residential Income Properties Market Trends and Statistics

Explore 20 residential income properties for sale in Indianola, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 16,806 square feet of properties for sale, with an estimated market value of $1,904,800.

Sale prices for residential income properties in Indianola, IA start at $194,900, averaging $272,114, 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 5
Quadplexes 3
Duplexes 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 $244.1K

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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