Offering a very nice 2 Story duplex located just south of the Simpson College campus on W Ashland Ave in Indianola, Iowa. This property has excellent rental history and is located in an area where homes are currently being restored. Windows have been replaced in the last 10 years, new roof in 2018, and new furnace in 2014. This duplex currently provides an 8.5% return on investment at asking price. Rents are currently $725 and $840 per month, providing $1,565 per month of income! Current tenant's contracts will be ready to renew in February/March of 2019. Whether you already own rentals or are just getting started, this one works!
Off market
$193,900
402 W Ashland Ave, Indianola, IA 50125
0beds
0baths
2,112sqft
Residential
Built in 1900
6,751 Square Feet Lot
$193,900 Zestimate®
$92/sqft
$1,570 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Forced air, Gas
Features
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 2,112 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 6,751 sqft
Details
- Parcel number: 48390120110
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Frame
- Foundation: Concrete Block
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Sewer: City
Community & neighborhood
Location
- Region: Indianola
Other
Other facts
- Basement Desc: Unfinished
- Driveway: Gravel
- MLS: Des Moines
- Heat: Gas Forced Air
- Heat Source: Natural
- Property Sub Type: Residential
- Property Type: Residential
- Roof: Asphalt Shingle
- Style: Two Story
- Sewer: City
- Water: City
- Foundation: Concrete Block, Stone
- Sellers Request: 0
- Last Change Type: Pending
- Geocode Source: PxPoint
- Exterior: Wood
- Parcel Number: 48390120110
Services availability

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