310 E Salem Avenue
Indianola, IA 50125
4
Bed
4
Bath
2,995Sqft
0.27Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Has Basement: Yes Basement: Unfinished -
Flooring Information
Carpet, Tile -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle Appliances: Cooktop, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1920 Building Area Total: 2995 Construction Materials: Wood Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 75X156 Main Square Feet: 0.2686 Acres Lot Size Acres: 0.2686 Lot Size Square Feet: 11700 Lot Description: Rectangular Lot
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Listing Price Information
Listing Price: $330000 Cash, Conventional
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Tax Information
Parcel Number: 48200090120 Annual Tax: $5500 Tax Legal Desc: 30-76-23 EAST INDIANOLA LOT 12 & E 1/2 LOT 11 & S 1/2 E 75' E/W ALLEY BLK 9
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Parking Information
Detached, GarageGarage Information
Has Garage: Yes Garage Space: 4
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Utility Information
Electricity Available, Natural Gas Available, Water Available -
Location Information
Direction: South on Jefferson/Hwy 65, turn east (left), home is on left side of street (north) WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8409/8413 G24 Highway, Indianola, IA, 50125 | $2,499,000 | 5 | 4 | 2,474 | 8.20 Acres |
| 13541 169th Lane, Indianola, IA, 50125 | $699,900 | 4 | 3 | 1,859 | 2.48 Acres |
| 13426 169th Lane, Indianola, IA, 50125 | $1,299,000 | 5 | 6 | 5,546 | 5.42 Acres |
| 15999 Fulton Street, Indianola, IA, 50125 | $625,000 | 3 | 2 | 1,468 | 24.40 Acres |
| 11735 160th Avenue, Indianola, IA, 50125 | $845,000 | 5 | 4 | 4,437 | 10.76 Acres |
| 15101 Fairfax Street, Indianola, IA, 50125 | $895,000 | 10 | 7 | 4,435 | 2.04 Acres |
| 306 N 20th Street, Indianola, IA, 50125 | $378,990 | 4 | 3 | 1,809 | 0.23 Acre |
| 1912 E Clinton Place, Indianola, IA, 50125 | $353,990 | 3 | 2 | 1,427 | 0.24 Acre |
| 1906 E Clinton Place, Indianola, IA, 50125 | $368,990 | 3 | 2 | 1,408 | 0.21 Acre |
| 1904 E Clinton Place, Indianola, IA, 50125 | $364,990 | 3 | 2 | 1,474 | 0.22 Acre |
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ByOwner last updated this listing 09/03/2026 @ 05:04
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