Indianola, IA 50125 601 N 1st Street

$179,900

601 N 1st Street Indianola, IA - Image 1601 N 1st Street Indianola, IA - Image 2601 N 1st Street Indianola, IA - Image 3
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Presented By: BH&G Real Estate Innovations
  • Des Moines Area AOR (DMAAR) - 188 - IA
  • MLS# 719413
  • 06/03/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2
  • SQFT • 1,524

Home Details

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.
Presented By: BH&G Real Estate Innovations

Interior Features for 601 N 1st Street

Bedrooms

Total Bedrooms4

Bathrooms

3/4 Baths0
Half Baths
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area0.0
Fireplace Y/NNo
Heating Y/NYes

General for 601 N 1st Street

Additional Parcels Y/NNo
Architectural StyleTwoStory
Attached Garage No
Carport Y/NNo
CityIndianola
CoolingWindowUnits
CountyWarren
DirectionsHead 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.
Electric On Property Y/NNo
Elementary School DistrictIndianola
Full Baths2
Garage Y/NNo
HOANo
HeatingBaseboard, Electric
High School DistrictIndianola
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal Description24-76-24 COLLEGE ADD S 1/2 LOTS 5-6-7-8 BLK 35
LevelsTwo
Listing TermsCash, Conventional, FHA, UsdaLoan, VaLoan
Lot Size Square Feet7500.0
Lot Size UnitsAcres
MLS AreaIndianola
Middle/Junior School DistrictIndianola
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
PostalCityIndianola
Property Attached Y/NNo
Property TypeMultiFamily
Rent Control Y/NNo
RoofAsphalt, Shingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount2053.0
Tax Year2023
Year Built1890
ZoningR-2

Exterior for 601 N 1st Street

Building Area Total1524.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50X150
Lot Size Acres0.17
Lot Size Area0.17
Open Parking Y/NNo
Private PoolNo
Road Surface TypeConcrete
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Rachel Tiskevics

Realtor®
Price $179,900
MLS#719413
List Date 06/03/2025
Property Type Multi-Family
Phone 641.230.0537
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