# 301 W 2nd Avenue, Indianola, IA 50125

> **TL;DR:** single family, $239,000, built 1950.
> A/C. Est. $1,036/mo. Listed 9 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $239,000 |
| Year Built | 1950 |
| Lot Size | 9,148 sqft (0.21 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 9 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,036 |
| **Total** | **$1,036** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1950
- 0.21 acre lot

## Description

### 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.

## Location

- **Address:** 301 W 2nd Avenue, Indianola, IA 50125
- **County:** Warren
- **Coordinates:** 41.358062, -93.563902
- **Google Maps:** https://www.google.com/maps?q=41.358062,-93.563902

## Listing Agent

- **Name:** NANCY LAXTON
- **Brokerage:** Iowa Realty Indianola
- **Phone:** 5154535347
- **Email:** nancylaxton@iowarealty.com

## Primary Photo

![301 W 2nd Avenue - Primary Photo](http://lh.rdcpix.com/a0965ccf8d44365550cb998350bd2e1al-f1048567975r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/301-w-2nd-avenue-indianola-ia-50125-a737483)*

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**MLS#:** 737483 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/301-w-2nd-avenue-indianola-ia-50125-a737483)

---

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