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601 N 1st Street

Indianola, IA 50125
  • $174,900
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 719413
Price Reduced
UPDATED: 182 min ago
$174,900
  • 4
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,524
    SQFT
  • $115
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Ratings & Info

School District:

Description

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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© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Kooyman Real Estate Team | RE/MAX Concepts. Data last updated: 2025-07-18T00:22:32.11.
www.kooymanrealestateteam.com/homes/164507764
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601 N 1st Street Indianola, IA 50125

  • Price: $174,900
  • Status: Active
  • On Site: 44 Days
  • Updated: 182 min ago
  • MLS #: 719413
4
Beds
2
Baths
0
½ Baths
0.17
Acres
1,524
SQFT
$115
$/SQFT
1890
Built
Neighborhood:
Indianola
County:
Warren
Area:
Indianola
School District:
Indianola
Property Description
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.
Exterior Features

Architectural Style Two Story Levels Two Road Surface Type Concrete Roof Asphalt Shingle

Interior Features

Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Cooling Window Unit(s) Cooling YN Yes Heating Baseboard Electric Heating YN Yes

Property Features

Lease Considered YN No Listing Terms Cash Conventional FHA USDA Loan VA Loan Lot Size Dimensions 50 X150 Sewer Public Sewer Tax Annual Amount 2053 Tax Year 2023 Water Source Public Zoning R-2

Listing provided courtesy of BH&G Real Estate Innovations: (515) 962-5555. © 2025 Des Moines Multiple Listing Service.
© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Kooyman Real Estate Team | RE/MAX Concepts. Data last updated: 2025-07-18T00:22:32.11.
 
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