IA
Warren
Indianola
50125
601 N 1st Street
601 N 1st Street, Indianola, IA 50125
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Listing Type
Multi Family
Listing Status
Pending
24
$169,900

Home Details for 601 N 1st Street

Price
$169,900
Type
Residential Income
Bedrooms
4
Bathrooms
2.0
Square feet
1524
Year built
1890
Lot size acres
0.17
County
Warren
Garage
Basement
Unfinished
Days on site
190
MLS Listing#
719413
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.

Property Features
  • 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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EXIT COUNTRY REALTY
108 E. Main Street, Panora, IA 50216
Kyle Olson
License #: B61662000
Franchisee
Office
641 755 2990
Agent
515 570 1100
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