120 N Howard Street Indianola, IA $ 350,000
120 N Howard Street
$ 350,000
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120 N Howard Street

Indianola, IA, 50125
$ 350,000
Bedrooms4 Baths3.0 Sq 2,400

Monthly Estimate*

$ 2,155

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Multi-Family Home for sale in Indianola, IA

for $350,000 with 4 bedrooms and 3 full baths. This 2,400 square foot home was built in 1900 on a lot size of 0.1033.

Prime mixed-use investment opportunity in the heart of downtown Indianola! 120 N Howard Street features a main-level commercial space with a long-term tenant of nearly 10 years, plus three upper-level apartments consisting of two 1-bedroom units and one 2-bedroom unit. Each apartment includes a kitchen, living room, and bathroom, with rents currently at $725/month per unit. The commercial space rents for $740/month. Additional income potential comes from a bonus storage space currently leased by a long-term tenant. Property features newer vinyl windows, electric baseboard heat, and separate electric and gas meters for each unit, with tenants paying their own electric and gas utilities. Landlord pays water, trash, and taxes. Located directly across from the new Warren County Courthouse and on the town square, this property offers excellent visibility and convenience near dining, nightlife, shopping, and Simpson College. Street parking available. Strong rental history and prime location make this a great addition to any investment portfolio. Call today to schedule your private showing!

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Multi-Family Active

Price

$ 350,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,266

Style

Lot Size

0.1033

Year Built

1900

Town/City

Indianola

County/Region

Warren

MLS | Web ID

740604

List By
Ryan Rivera

Listing Agent

Zealty Home Advisors

Broker

Ryan@ZealtyNow.com

Email

Affordability Calculator

$2,427
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,155
Monthly Property Taxes
$272
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4634788 Elementary School
4745038 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$350,000 Listed Price

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120 N Howard Street, Indianola, IA, 50125 is a Multi-Family Home for sale at $350,000 with 2,400 sqft and a lot size of 0.1033. 120 N Howard Street has 4 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 50125 which is in Indianola, IA