407 W Salem Avenue

Indianola, Iowa 50125

Multi Family

1 bath 1 partial bath

  • Property Details

    Looking for an investment property? This property has a hard to find 3 BR unit with XL BRs (approximate 1569 sf) between the main & 2nd floor. It includes a 1st flr lndry/mudroom, family room and full bath & 3BRs on 2nd level. The 2nd unit is a 1 BR unit (approximate 773 sf) on main floor with a kitchen, family rm, 3/4 BA & stackable washer/dryer. Newer Vinyl siding (2013), extra blown in insulation (2009) and Brand new boiler (2016). 5 window AC units plus a spare. Both units have ground floor entry and plenty of parking behind home & street parking, if needed. 2 car detached garage available for additional income or landlord storage. Leases currently in place with tenants. City maintains the alleys on both sides of the property. Near Simpson College, Downtown Square, City pool & 2 elementary schools. Convenient location, lots of sf and tenants in place for immediate cash flow.
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  • Additional Property Information

    This multi family listing located at 407 W Salem Avenue, Indianola, IA boasts one bathroom and one partial bathroom. The property is presently selling for $125,000.

    Highlights include basement.

    This property is presented by Karey Bishop of Iowa Realty based in Iowa.