120 N Howard St, Indianola, IA 50125
- Beds
- 4
- Baths
- 3
- Sqft
- 2,400
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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. One ground floor commercial space. Gross rent are $3,325/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!
Location
Full feature list
Basic info
- Property type
- Other residential
- Number of stories
- 2
- Number of bedrooms
- 4
- Number of bathrooms
- 3
- Square feet
- 2,400
- Lot size (acres)
- 0.10
- Year built
- 1900
Interior features
- Basement
- Yes, Finished
Exterior features
- Water view
- Yes
Utilities
- Heating
- Electric, Baseboard
- Cooling
- Window Units, Central Air
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2026)
- $3,266
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Des Moines Area Association of REALTORS® MLS MLS®#: 740604 Last checked: …
