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
$169,900
- 4 Beds
- 2 Baths
- 1,524 sq. ft.
- Multi-family
- Active
Listed by:
- Better Homes and Gardens Real Estate Innovations
- Emily Burton(515) 238 - 3317Better Homes and Gardens Real Estate Innovations
MLS#:719413
Source:IA_DMAAR
Price summary
- Price:$169,900
- Price per sq. ft.:$111.48
About this home
Prime Investment Opportunity Near Simpson College & Indianola Square. This fully rented, income-producing property features two well-maintained units with steady cash flow. The main-level unit offers 2 bedrooms, 1 bath, a large kitchen, spacious living room, and basement access. The upper-level unit includes 1 bedroom, 1 bath and kitchen with plenty of storage. Both units are equipped with private entrances and in-unit laundry, a key amenity for attracting and retaining tenants. Sitting on a large lot, the property not only provides ample, private off-street parking for tenants and guests but also offers future building opportunities for additional income potential. Convenient location near Hwy 65/69, shopping, and dining ensures strong rental demand. Seller financing available, making this a flexible and accessible investment opportunity.
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Home facts
- Year built:1890
- Listing ID #:719413
- Added:164 day(s) ago
- Updated:November 15, 2025 at 06:13 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:$169,900
- Price per sq. ft.:$111.48
- Tax amount:$2,053 (2023)
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