601 N 1st Street, Indianola, IA 50125

Local realty services provided by:Better Homes and Gardens Real Estate Innovations
601 N 1st Street,Indianola, IA 50125
$174,900
  • 4 Beds
  • 2 Baths
  • 1,524 sq. ft.
  • Multi-family
  • Active
Listed by:
  • Listing Agent0
    Better Homes and Gardens Real Estate Innovations
  • Listing Agent1
    Emily Burton(515) 238 - 3317
    Better Homes and Gardens Real Estate Innovations
MLS#:719413
Source:IA_DMAAR

Price summary

  • Price:$174,900
  • Price per sq. ft.:$114.76

About this home

Excellent investment opportunity near Simpson College and Indianola Square! This income-producing property features two fully rented units. The main-level unit offers 2 bedrooms, 1 bath, a large kitchen, spacious living room, and basement access. The second level unit includes 1 bedroom and 1 bath. Both units have in-unit laundry, providing added convenience for tenants. Oversized lot that includes private off-street parking and ample street parking for guests and tenants. Conveniently located near Hwy 65/69. Turnkey investment with reliable rental income.

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Home facts

  • Year built:1890
  • Listing Id #:719413
  • Added:75 day(s) ago
  • Updated:August 06, 2025 at 02:54 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,524 sq. ft.

Heating and cooling

  • Cooling:Window Units
  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1890
  • Building area:1,524 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$174,900
  • Price per sq. ft.:$114.76
  • Tax amount:$2,053 (2023)