About This Home

This 4-bedroom, 4-bathroom residential multi family at 310 E Salem Avenue in Indianola, IA is listed for $315,000 ($105 per sqft). Built in 1920, the home offers 2,995 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1920
  • 0.27 acre lot
  • 2 stories

Property Details

2 stories
4 full
4-car garage
1920

Amenities

A/C
Listing Description

Beautiful Victorian home with 4 separately metered apartments is ready as your next turn-key investment! 4 occupied units with 1 bed/1 bath + garage stall each, with detailed maintenance and repair records make this an easy addition to your portfolio.

Unbeatable location convenient to restaurants, shops, and services in downtown Indianola on a tree lined street. This home features a gorgeous wrap-around porch (porch foundation stabilization professionally completed in 2020) and a huge garage. These are not cookie cutter apartments, each has its own charm with large windows and high ceilings.

All units have interior unit access through the front door, with additional deck/balcony/porch access for 3 units. Two units are on main floor, 2 are upstairs, with an unfinished loft area for storage or future finish on the 3rd floor. Clean, bright basement houses water meters, laundry area, and mechanicals.

Monthly Cost Estimate

$1,685/mo

20% down · 6.5% · 30 years

Principal$228
Interest$1,365
Insurance$92

Estimates only. Actual payments may vary.

Location

310 E Salem Avenue

Indianola, IA 50125

Property Details

Flooring

CarpetTile

Construction

WoodSiding

Parking

Garage

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

RefrigeratorStove

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 310 E Salem Avenue is listed at $315,000 ($105/sqft). The estimated monthly payment is $1,685 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.27 acre lot, 2 stories.

This property is listed by Jen Harman.

JH

Jen Harman

Agent at Century 21 Signature Real Estate

Listed by Century 21 Signature Real Estate · Broker phone: (515) 224-4002 · View on Broker Site · Broker website

MLS# 748475· Source: Des Moines Area Association of REALTORS®, Inc.· 59 days on PropertySimple

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.

310 E Salem Avenue, Indianola, IA 50125

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