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$169,900
Listing Price4beds
2baths
1,524sqft
7,500sqft lot
601 N 1st St, Indianola, IA 50125
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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.
Interior Details
1524
4
2
Has Heating:
Yes
Heating Type:
Baseboard
Has Cooling:
Yes
Cooling Type:
None
Has Fuel:
Yes
Fuel Type:
Electric
Has Basement:
No
Basement Type:
Full, Daylight
Has Flooring:
No
Flooring Type:
Carpet
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7500
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
Yes
No
No
Construction Details
Bi-level
Aluminum/vinyl
N/A
Gable
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$2,023
$22,500
$69,900
--%
$92,400
2018
$1,884
$22,500
$69,900
--%
$92,400
2018
$1,884
$0
$0
--%
$0
2017
$826
$0
$0
--%
$0
2015
$1,550
$0
$0
--%
$71,500
Average Home Price in 50125
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$169,900
$169,900
4 Beds
2 Baths
1,524 Sqft
7,500 Lot (sqft)
Sold 06/03/2025




