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104 E Boston Ave, Indianola, IA 50125

Indianola
Local realty services provided by:CENTURY 21 BW Preferred, Inc.
104 E Boston Ave,Indianola, IA 50125
$205,000
  • - Beds
  • - Baths
  • 1,776 sq. ft.
  • Multi-family
  • Active
Listed by: cody skinner
Office: iowa land company real estate llc.
MLS#:6334722
Source:IA_HIMLS

Price summary

  • Price:$205,000
  • Price per sq. ft.:$115.43

About this home

Five-Unit Investment Property Near Indianola Town Square Excellent opportunity to acquire an income producing property in a prime location near the Indianola town square. This 5 unit conversion property features a desirable unit mix including 4 studio apartments, and a 1 bedroom + 1 bath apartment. The two upstairs units can be considered as one unit if one wanted to run the property as a 4 unit rental space. The property’s efficient layout supports low-maintenance ownership, while its close proximity to the town square provides tenants with convenient access to shopping, dining, entertainment, and community events. The walkable location enhances long-term occupancy and rental appeal. Ideal for investors seeking steady cash flow and portfolio growth, this property presents a solid opportunity. At full occupancy, current net income after all expenses—including utilities, insurance, and property taxes—is approximately $2,000 per month, or $24,000 annually (+/-), representing an...

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Home facts

  • Year built:1900
  • Listing ID #:6334722
  • Added:113 day(s) ago
  • Updated:May 03, 2026 at 02:58 PM

Rooms and interior

  • Basement:Yes
  • Living area:1,776 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:1,776 sq. ft.

Finances and disclosures

  • Price:$205,000
  • Price per sq. ft.:$115.43
  • Tax amount:$2,690 (2025)

Parking

  • Garage:Yes
  • Garage spaces:1

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