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USAIAIndianola402 W Ashland Ave
Listing image | Image 1

402 W Ashland Ave, Indianola, IA

House

For Sale

Listed price in listed location currency (USD).
$209,000

420

MLS® 743150

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 2112 sqft
Garage 
Taxes $3,299
Days Active 3
Lot Size 0.155 Acres
Approx. Age 1900
Avg. Price Per Sqft $98
MLS® Number 743150

Property Address: 402 W Ashland Ave, Indianola, IA, 50125-2426

Average square foot calculated using Size range provided by listing agent.

Description

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 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.
MLS® Number743150
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
HeatForced Air, Gas, Natural Gas
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 17, 2026List Date
$209,000List Price
  • Commute

Commute

Starting Address
Destination Address
402 W Ashland Ave, Indianola, IA

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