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120 N Howard Street

Indianola, IA 50125
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Bed 4

Bed

Bath 3

Bath

SqFt2,400

Sqft

Acres0.10

Acre(Lot)

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 squa re, 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $350,000

AD Id : 78448250

MLS Id : 740604

Beds : 4

Lot Size : 0.10 Acre

Living Area Size : 2,400

Year Built : 1900

County : Warren

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Carpet, Laminate
  • Roofing Information

    Rubber
  • Interior Features

    See Remarks Roof: Rubber Appliances: Cooktop, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Central Air, Window Unit(s)

  • Building Information

    Year Built: 1900 Building Area Total: 2400 Construction Materials: Brick Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 30X150 Main Square Feet: 0.1033 Acres Lot Size Acres: 0.1033 Lot Size Square Feet: 4500 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $350000 Cash, Conventional

  • Tax Information

    Parcel Number: 48020120090 Tax Year: 2026 Annual Tax: $3266 Tax Legal Desc: 25-76-24 INDIANOLA OTP LOT 9 BLK 12

  • Homeowners Association Information
    Included Fees: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash

  • Utility Information

    Electricity Available, Natural Gas Available, Water Available
  • Location Information

    Direction: From Hwy 92 and 65 to North on 65 to E Salem. West on E Salem to N Howard. North to property. WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

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13685 169th Lane, Indianola, IA, 50125 $525,000 4 3 1,488 1,488 SqFt
13426 169th Lane, Indianola, IA, 50125 $1,375,000 5 6 5,546 5,546 SqFt
15999 Fulton Street, Indianola, IA, 50125 $670,000 3 2 1,468 1,468 SqFt
11735 160th Avenue, Indianola, IA, 50125 $845,000 5 4 4,437 4,437 SqFt
15368 Newbold Street, Indianola, IA, 50125 $625,000 2 2 2,400 2,400 SqFt
15101 Fairfax Street, Indianola, IA, 50125 $895,000 10 7 4,435 4,435 SqFt
16823 150th Avenue, Indianola, IA, 50125 $625,000 5 4 2,232 2,232 SqFt
402 N 20th Street, Indianola, IA, 50125 $374,990 4 3 1,809 1,809 SqFt
1912 E Clinton Place, Indianola, IA, 50125 $353,990 3 2 1,408 1,408 SqFt
1906 E Clinton Place, Indianola, IA, 50125 $368,990 3 2 1,427 1,427 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange of the Des Moines Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Des Moines Area Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/20/2026 @ 11:06

MLS: 740604 LISTED BY: Ryan Rivera, Zealty Home Advisors 515-329-4667 SOURCE: Des Moines Area Association of REALTORS

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