402 W Ashland Avenue Indianola, IA $ 209,000
402 W Ashland Avenue
$ 209,000
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402 W Ashland Avenue

Indianola, IA, 50125
$ 209,000
Bedrooms4 Baths2.0 Sq 2,112

Monthly Estimate*

$ 1,287

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Single Family Home for sale in Indianola, IA

for $209,000 with 4 bedrooms and 2 full baths. This 2,112 square foot home was built in 1900 on a lot size of 0.155.

Opportunity awaits with this well-maintained up/down duplex featuring two 2-bedroom, 1-bath units and a blend of timeless character and modern updates. The lower unit is currently vacant, providing an excellent opportunity for an owner-occupant or an investor looking to maximize rental income. The upper unit is leased through December 31, 2026, offering immediate cash flow. Built with classic early-1900s charm, this property showcases character you simply can't find in newer construction while benefiting from several important updates. The lower unit has been extensively improved with a remodeled kitchen, updated bathroom, and newer flooring, creating a fresh and inviting living space. All appliances in both units will remain with the property, making for a seamless transition for the next owner. Outdoor spaces are equally appealing, featuring a welcoming covered front porch perfect for relaxing and a low-maintenance composite rear deck overlooking the fully fenced backyard. Mechanical updates provide added peace of mind, including a newer mini-split system serving the upper unit and a new furnace installed for the lower unit. Whether you're looking to expand your investment portfolio or offset your housing expenses by living in one unit while renting the other, this duplex offers flexibility, income potential, and attractive updates in a charming package. Don't miss your chance to own this income-producing property with immediate occupancy available in the lower unit.

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Single Family Active

Price

$ 209,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 3,299

Style

Lot Size

0.155

Year Built

1900

Town/City

Indianola

County/Region

Warren

MLS | Web ID

743150

List By
Justin Marshall

Listing Agent

Re/Max Results

Broker

justin@marshallteamsells.com

Email

Affordability Calculator

$1,562
Per Month
82%
18%
0%
Monthly Principal & Interest
$1,287
Monthly Property Taxes
$275
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
6/17/2026$209,000 Listed Price

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402 W Ashland Avenue, Indianola, IA, 50125 is a Single Family Home for sale at $209,000 with 2,112 sqft and a lot size of 0.155. 402 W Ashland Avenue has 4 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 50125 which is in Indianola, IA