120 N Howard Street, Indianola, IA 50125

Indianola
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
120 N Howard Street,Indianola, IA 50125
$350,000
  • 4 Beds
  • 3 Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by: ryan rivera, angela ousley
Office: zealty home advisors
MLS#:740604
Source:IA_DMAAR

Price summary

  • Price:$350,000
  • Price per sq. ft.:$145.83

About this home

Prime mixed-use investment opportunity in the heart of downtown Indianola! 120 N Howard Street features a main-level commercial space with a long-term tenant of nearly 10 years, plus three upper-level apartments consisting of two 1-bedroom units and one 2-bedroom unit. Each apartment includes a kitchen, living room and bathroom. One ground floor commercial space. Gross rent are $3,325/month. Additional income potential comes from a bonus storage space currently leased by a long-term tenant. Property features newer vinyl windows, electric baseboard heat, and separate electric and gas meters for each unit, with tenants paying their own electric and gas utilities. Landlord pays water, trash, and taxes. Located directly across from the new Warren County Courthouse and on the town square, this property offers excellent visibility and convenience near dining, nightlife, shopping, and Simpson College. Street parking available. Strong rental history and prime location make this a...

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Home facts

  • Year built:1900
  • Listing ID #:740604
  • Added:92 day(s) ago
  • Updated:August 13, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Laminate
  • Kitchen Description:Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,400 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window Units
  • Heating:Baseboard, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:2,400 sq. ft.
  • Lot area:0.1 Acres
  • Lot Features:Rectangular Lot
  • Architectural Style:Two Story
  • Construction Materials:Brick
  • Foundation Description:Brick/Mortar
  • Levels:2 Story

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$350,000
  • Price per sq. ft.:$145.83
  • Tax amount:$3,266 (2026)

Features and amenities

  • Appliances:Refrigerator, Stove
  • Amenities:Smoke Detectors

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