Arvin Van Waardhuizen

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120 N Howard StreetIndianola, IA 50125

Multi-Family · 4 Beds · 3 Full Baths · 2,400 Sq. ft. | 0.10 Acres
$350,000 Active

120 N Howard Street Overview

Time on Site:
48 days
Visits:
61

Prime mixed-use investment opportunity in the heart of downtown Indianola! 120 N Howard Street features a main-level commercial space with a long-term tenant of nearly 10 years, plus three upper-level apartments consisting of two 1-bedroom units and one 2-bedroom unit. Each apartment includes a kitchen, living room and bathroom. One ground floor commercial space. Gross rent are $3,325/month. Additional income potential comes from a bonus storage space currently leased by a long-term tenant. Property features newer vinyl windows, electric baseboard heat, and separate electric and gas meters for each unit, with tenants paying their own electric and gas utilities. Landlord pays water, trash, and taxes. Located directly across from the new Warren County Courthouse and on the town square, this property offers excellent visibility and convenience near dining, nightlife, shopping, and Simpson College. Street parking available. Strong rental history and prime location make this a great addition to any investment portfolio. Call today to schedule your private showing!

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120 N Howard Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,400
  • Price/Sq.ft. $146
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association Fee Includes: Insurance,Maintenance Grounds,Maintenance Structure,Snow Removal,Taxes,Trash
  • Association: false

School Information

  • School District: Indianola

Income/Expenses

  • Gross Income: 39911.0
  • Operating Expense: 11894.0

Building Information

  • Year Built: 1900

Location/Region

  • County Or Parish: Warren
  • MLS Area Major: Indianola
  • Postal City: Indianola

Community/Development

  • Community Features: Storage Facilities,Snow Removal

Rent/Lease Information

  • Lease Considered: false
  • Tenant Pays: Electricity,Gas,Insurance,Janitorial Service

Tax Information

  • Tax Annual Amount: 3266.0
  • Tax Year: 2026

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional
  • Parcel Number: 48020120090
  • Property Type: Multi Family
  • Zoning: C/MR

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 2400.0

General Information

  • Appliances: Refrigerator,Stove
  • Flooring: Carpet,Laminate
  • Foundation Details: Brick/Mortar
  • Interior Features: See Remarks
  • Levels: Two
  • Living Area: 2400.0
  • Security Features: Smoke Detector(s)
  • Stories: 2

Exterior

Lot Information

  • Lot Features: Rectangular Lot
  • Lot Size Acres: 0.1033
  • Lot Size Area: 0.1033
  • Lot Size Dimensions: 30X150
  • Lot Size Square Feet: 4500.0
  • Lot Size Units: Acres
  • Road Surface Type: Concrete
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Two Story
  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available,Water Available

120 N Howard Street Neighborhood

Community

50125 (Indianola) Demographics

38
Median Age
124
Population Density (per sq. mile)
42%
College Educated
$71,395
Estimated Median Income
5,495
Estimated Total Home Owners
2,127
Estimated Total Renters
72% / 28%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

120 N Howard Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

120 N Howard Street Market Data

Based on the last 30 days in this zip code

$394,125
Average List Price
$237
Average Price per Square Foot
33
Properties Sold
118
Average Days on Market
120
Properties for Sale
Calculations provided by Reliance Network

120 N Howard Street History

Date Event Value Agent
5/12/2026Source: Des Moines Area Added to Database
May 12, 2026
Listing provided courtesy of Zealty Home Advisors- MLS# 740604MLS ProviderContact Information: (515) 554-5870