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MLS # 719413 - 601 N 1st Street, Indianola, IA 50125

$174,900

Price Decreased
  • MLS# 719413
  • Bedrooms 4
  • Bathrooms 2
  • Total Sq.ft 1,524
  • Property Type Multi-Family
  • Style TwoStory
  • Basement Unfinished
  • Year Built 1890

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.

Legal: 24-76-24 COLLEGE ADD S 1/2 LOTS 5-6-7-8 BLK 35
Active

Property Information

  • 719413
  • $174,900
  • 601 N 1st Street
  • Indianola
  • Indianola
  • Warren
  • IA
  • Sale
  • MultiFamily
  • TwoStory
  • Unfinished
  • 1524
  • Head north on N Jefferson Way toward E Clinton Ave, turn west onto E Euclid Ave, turn north onto N 1st St, turn west and home is on the south side.
  • 107
  • 1890
  • 2
  • 4
  • 50125

LISTED BY

BH&G Real Estate Innovations, Misty Darling (515.414.0059) & BH&G Real Estate Innovations, Emily Burton (515.238.3317)

Property Location

SIMILAR LISTING

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24-hour notice to show is required. A lockbox will by front door, one key for the upstairs and one for the main level. Entrance to the basement is from the door directly across the front door. Upstairs Tenant signed new lease in May 2025. Current...

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Listed by : RE/MAX CONCEPTS, KASEY KLIEGL (515.201.9427) & RE/MAX CONCEPTS, SARAH MILLER-HUEGERICH (515.249.5373)
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27
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Unbelievable value! This isn't just a house; it's a piece of history, thoughtfully restored and ready for its next chapter. Every update honors its original charm while providing modern peace of mind. You’ll love the restored hardwood floors,...

  • 715102MLS #
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Listed by : EXP REALTY, LLC, RACHELLE COCHRAN (515.991.8518) & EXP REALTY, LLC, KEVIN COCHRAN (515.419.8887)

Request Info For MLS #719413

The Slavin & Partners Team @ RE/MAX Precision - Licensed In Iowa Each Office Independently Owned And Operated.

The Slavin & Partners Team @ RE/MAX Precision

Licensed In Iowa Each Office Independently Owned And Operated.

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