402 W Ashland Avenue, Indianola, IA 50125
Local realty services provided by:CENTURY 21 Signature Real Estate
402 W Ashland Avenue,Indianola, IA 50125
$199,900
- 4 Beds
- 2 Baths
- 2,112 sq. ft.
- Single family
- Active
Listed by: justin marshall
Office: re/max results
MLS#:743150
Source:IA_DMAAR
Price summary
- Price:$199,900
- Price per sq. ft.:$94.65
About this home
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. Looking for an investor looking to maximize rental income. The upper unit is leased through December 31, 2026 at $850, lower unit is rented July 1st at $1325 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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Home facts
- Year built:1900
- Listing ID #:743150
- Added:43 day(s) ago
- Updated:July 29, 2026 at 04:23 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:1
- Living area:2,112 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1900
- Building area:2,112 sq. ft.
- Lot area:0.15 Acres
- Architectural Style:Two Story
- Construction Materials:Wood Siding
- Foundation Description:Brick/Mortar, Stone
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$94.65
- Tax amount:$3,299
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