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510 S Jefferson Way
Indianola, IA 50125

$205,000 USD

Apartments For Sale  •  2,095 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,095 SF
  • Lot Size 0.25 AC
  • Building Class B
  • Year Built 1900
  • Zoning R
40 Walk Score

Highlights

Existing rental income of $1,775 per month provides immediate cash flow at closing.
Two-unit duplex configuration allows income diversification across multiple tenants.
Property is offered with existing long-term tenants and month-to-month tenancy in place.
Located along the Highway 65/69 corridor with convenient access throughout Indianola and the Des Moines region.
Positioned directly across from South Casey's, providing strong visibility and recognizable surroundings.
Annual operating expenses are reported at approximately $4,300.

Public Transportation

AirportDriveWalkDistance
Des Moines International 29 min - 17.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Terry Pauling 515-249-9192 EXIT Realty North Star
Terry Pauling 515-249-9192 EXIT Realty North Star