Indianola, IA 50125,601 N 1st Street
Indianola, IA 50125,601 N 1st Street
Indianola, IA 50125,601 N 1st Street
24
$145,000
$169,900
14.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4 BD
2 BA
1,524 SqFt

601 N 1st Street Indianola, IA 50125

Est. payment /mo
SOLD DATE : 01/16/2026

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $145,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,524 sqft

Price per Sqft $95

MLS Listing ID 719413

Style Two Story

Bedrooms 4

Full Baths 2

Year Built 1890

Annual Tax Amount $2,053

Tax Year 2023

Lot Size 7,405 Sqft

Property Description

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.

Location

State IA

County Warren

Area Indianola

Zoning R-2

Interior

Heating Baseboard, Electric

Cooling Window Unit(s)

Exterior

Roof Type Asphalt,Shingle

Building

Sewer Public Sewer

Water Public

Schools

School District Indianola

Others

Monthly Total Fees $171

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Read Less


Listed by BH&G Real Estate Innovations
Bought with Keller Williams Realty GDM

GET MORE INFORMATION

RealEZtate Pros

RealEZtate Pros

+1(480) 420-9486

Name
Phone*
Message