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About This Home

This 0-bedroom, 0-bathroom single family at 301 W 2nd Avenue in Indianola, IA is listed for $239,000. Built in 1950, on a 0.21 acres lot.

Agent Description

One-of-a-kind opportunity here - commercial or retail property with living quarters included in this mixed-use property providing the best of both worlds Offering a unique combination of financial and lifestyle for your small business. Living on site may provide many advantages including no commute and ideal for hands on retail or commercial business.

Owning and operating the property might allow business expense deductions such as portion of mortgage, utilities, maintenance. Seek advice from your tax person for allowable credits. Or you may want to consider renting the living quarters and the business separate or combined.

This building features 2640 SF of commercial/retail space and 936 SF of living area with 3,576 SF total area. Commercial area features the option to be split as two separate business or tenant occupants. There is also a 2-car detached garage. Insulated attic storage is an added feature. Newer water heater, two furnaces, window AC unit in living area, central AC in commercial portion along with commercial de-humidifier. Half bath services the retail space with full bath in living quarters. Great off street parking area.

Key Features

  • Built in 1950
  • 0.21 acre lot

Property Details

1950

Amenities

A/C

Monthly Cost Estimate

$1,278/mo

20% down · 6.5% · 30 years

Principal$173
Interest$1,036
Insurance$70

Estimates only. Actual payments may vary.

Location

301 W 2nd Avenue

Indianola, IA 50125

Property Details

Construction

Block Frame

Heating

Natural GasForced Air

Cooling

Central AirWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom single family at 301 W 2nd Avenue is listed at $239,000. The estimated monthly payment is $1,036 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.21 acre lot.

This property is listed by NANCY LAXTON and can be reached at 5154535347 or nancylaxton@iowarealty.com.

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NL

NANCY LAXTON

Agent at Iowa Realty Indianola

(515) 453-5347

Listed by Iowa Realty Indianola

MLS# 737483· Source: listhub· Updated 9 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.

301 W 2nd Avenue, Indianola, IA 50125

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