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601 N 1st Street, Indianola, IA 50125
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$169,900
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Home Details for 601 N 1st Street
Price
$169,900
Type
Multi Family
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Year Build
1890
Sq. Ft.
1524
Lot Size
0.17
County
Warren
Basement
Unfinished
Tax
$2,053
MLS®️ Listing#
719413
On exitrealty.com
168 days
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.
- Heating Information
- Baseboard
- Electric
- Cooling Information
- Window Unit(s)
- Water Features
- Public
- Basement
- Unfinished
Listing Courtesy: BH&G Real Estate Innovations - (515) 962-5555
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. 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. Information deemed reliable but not guaranteed. Copyright ©2025 Des Moines Area Association of REALTORS®. All Rights Reserved.
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$169,900
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