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About This Home

This 3-bedroom, 1-bathroom single family at 503 W 2nd Avenue in Indianola, IA is listed for $140,000 ($114 per sqft). Built in 1900, the home offers 1,224 sqft of living space on a 0.18 acres lot.

Agent Description

Here is a home or investment opportunity for less than $150,000! This as-is home is already producing rent with a long-term tenant so it is instant income for an investor. This 3-bedroom home also includes 2 garages on site that are not use by the tenant, so it comes with all the extra storage you may need. The water heater was replaced in 2023 and the furnace was new in 2022. Check this home out today. All information was obtained by the seller and public records

Key Features

  • Built in 1900
  • 0.18 acre lot

Property Details

1 story
1 full
1900

Amenities

A/C

Monthly Cost Estimate

$749/mo

20% down · 6.5% · 30 years

Principal$101
Interest$607
Insurance$41

Estimates only. Actual payments may vary.

Location

503 W 2nd Avenue

Indianola, IA 50125

Features & Amenities

Interior Features

DiningArea

Property Details

Construction

MetalSiding

Parking

Garage

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

RefrigeratorStove

Questions & Answers

This 3-bedroom, 1-bathroom single family at 503 W 2nd Avenue is listed at $140,000 ($114/sqft). The estimated monthly payment is $607 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.18 acre lot. Interior Features: DiningArea.

This property is listed by Jon Kilpatrick and can be reached at 5154181896 or jon@teamg6t.com.

JK

Jon Kilpatrick

Agent at Realty ONE Group Impact

(515) 418-1896

Listed by Realty ONE Group Impact · View on Broker Site

MLS# 740651· Source: listhub· Updated 19 days ago

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

503 W 2nd Avenue, Indianola, IA 50125

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