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    Mixed-Use Building with Three Apartments
    Updated: May 12
    Mixed-Use Building with Three Apartments

    120 N Howard Street, Indianola, IA 50125

    $350,000
    2,400 sqft 0.10 AC lot
    Mixed‑use property at 120 N Howard St with one ground‑level commercial space and three upper apartments.
    Apartment mix: two 1‑bedroom units and one 2‑bedroom unit, each with kitchen, living room, and bathroom.
    Gross rent $3,325/month; bonus storage space is currently leased to a long‑term tenant.
    Separate utilities for each unit with tenants paying their own electric and gas; landlord pays water and trash and taxes.
    Brick construction with newer vinyl windows, electric baseboard heat, central air and window units, and rubber roof.
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    This listing looks promising.

    Here's a quick look at some key insights for

    120 N Howard Street, Indianola, IA 50125

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Mortgage

      $116K
      Dec 2016

    • Last Sold

      Dec 2016
      $145K

    • Property Type

      Retail Stores
      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 Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Warren County, 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 three-family homes in Warren County, 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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