503 W 2nd Avenue, Indianola, IA 50125

Indianola
Local realty services provided by:Better Homes and Gardens Real Estate Innovations
503 W 2nd Avenue,Indianola, IA 50125
$140,000
  • 3 Beds
  • 1 Baths
  • 1,224 sq. ft.
  • Single family
  • Active
Listed by: jon kilpatrick
Office: realty one group impact
MLS#:740651
Source:IA_DMAAR

Price summary

  • Price:$140,000
  • Price per sq. ft.:$114.38

About this home

Here is a home or investment opportunity for less than $150,000! This as-is home is already producing rent with a long-term tenant so it is instant income for an investor. This 3-bedroom home also includes 2 garages on site that are not use by the tenant, so it comes with all the extra storage you may need. The water heater was replaced in 2023 and the furnace was new in 2022. Check this home out today. All information was obtained by the seller and public records

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:740651
  • Added:1 day(s) ago
  • Updated:May 24, 2026 at 02:48 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Dining Description:Dining Area
  • Kitchen Description:Refrigerator, Stove
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:1,224 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:1,224 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Rectangular Lot
  • Architectural Style:Ranch
  • Construction Materials:Metal Siding
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$140,000
  • Price per sq. ft.:$114.38
  • Tax amount:$2,076 (2025)

Features and amenities

  • Appliances:Refrigerator, Stove
  • Laundry features:Main Level

Parking

  • Parking description:Detached, Garage, Three Car Garage
  • Garage:Yes
  • Garage spaces:4

New listings near 503 W 2nd Avenue