402 W Ashland Avenue, Indianola, IA 50125

Indianola
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
402 W Ashland Avenue,Indianola, IA 50125
$199,900
  • 4 Beds
  • 2 Baths
  • 2,112 sq. ft.
  • Single family
  • Active
Listed by: justin marshall
Office: re/max results
MLS#:743150
Source:IA_DMAAR

Price summary

  • Price:$199,900
  • Price per sq. ft.:$94.65

About this home

Opportunity awaits with this well-maintained up/down duplex featuring two 2-bedroom, 1-bath units and a blend of timeless character and modern updates. Looking for an investor looking to maximize rental income. The upper unit is leased through December 31, 2026 at $850, lower unit is rented July 1st at $1325 offering immediate cash flow. Built with classic early-1900s charm, this property showcases character you simply can't find in newer construction while benefiting from several important updates. The lower unit has been extensively improved with a remodeled kitchen, updated bathroom, and newer flooring, creating a fresh and inviting living space. All appliances in both units will remain with the property, making for a seamless transition for the next owner. Outdoor spaces are equally appealing, featuring a welcoming covered front porch perfect for relaxing and a low-maintenance composite rear deck overlooking the fully fenced backyard. Mechanical updates provide added peace of...

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Home facts

  • Year built:1900
  • Listing ID #:743150
  • Added:57 day(s) ago
  • Updated:August 13, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:1
  • Living area:2,112 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Gas, Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:2,112 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Two Story
  • Construction Materials:Wood Siding
  • Foundation Description:Brick/Mortar, Stone
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$199,900
  • Price per sq. ft.:$94.65
  • Tax amount:$3,299

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