402 W Ashland Avenue
Indianola, IA 50125
4
Bed
2
Bath
2,112Sqft
0.16Acre(Lot)
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. The lower unit is currently vacant, providing an excellent opportunity for an owner-occupant or an investor looking to maximize rental income. The upper unit is leased through December 31, 2026, 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 nex
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 1 -
Roofing Information
Asphalt, Shingle -
Interior Features
Roof: Asphalt, Shingle -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1900 Building Area Total: 2112 Construction Materials: Wood Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 45X150 Main Square Feet: 0.155 Acres Lot Size Acres: 0.155 Lot Size Square Feet: 6750
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Listing Price Information
Listing Price: $209000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 48390120110 Annual Tax: $3299 Tax Legal Desc: 25-76-24 JONES & WINDLES ADD E 5' LOT 10 & W 40' LOT 11 BLK 12
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Location Information
Direction: From hwy 65 head west on Ashland Avenue. Continue approximately 1 mile through town. Property will be located on the North side of the street WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 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 |
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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 06/21/2026 @ 02:34
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