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4 Beds
4 Baths
2,995 sqft

$330,000

310 E Salem Avenue, Indianola IA, 50125

Price per sqft$110.18
Built in1920
Property size2,995 sqft
Property typeMulti-family

Overview

Active

Listed Sep 2, 2026

Updated Sep 3

Beautiful Victorian home with 4 separately metered apartments is ready as your next turn-key investment! 4 occupied units with 1 bed/1 bath + garage stall each, with detailed maintenance and repair records make this an easy addition to your portfolio. Unbeatable location convenient to restaurants, shops, and services in downtown Indianola on a tree lined street. This home features a gorgeous wrap-around porch (porch foundation stabilization professionally completed in 2020) and a huge garage. These are not cookie cutter apartments, each has its own charm with large windows and high ceilings. All units have interior unit access through the front door, with additional deck/balcony/porch access for 3 units. Two units are on main floor, 2 are upstairs, with an unfinished loft area for storage or future finish on the 3rd floor. Clean, bright basement houses water meters, laundry area, and mechanicals.

$2,195/mo

Est. mortgage payment based on a $330,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
748475

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.27 Acres

Other Property Details

Taxes
$5,500
Tax Frequency
Annually
Garage
Yes

 

Courtesy of Century 21 Signature, Jen Harman,
Listing Contact: (515) 988-3296 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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