606 & 610 N Buxton Street, Indianola, Iowa, 50021

$635,000

Condo/ Townhome/ Apartment

13 ba 24 bds 2,040 Sqft

Pending Sale

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This prime investment property in Indianola offers a fantastic opportunity for buyers looking to expand their portfolio with a multi-unit rental. Located directly across from Simpson College and Buxton Park, this well-maintained parcel includes an 11-unit apartment complex alongside a spacious duplex, making it an attractive option for investors. The apartment building consists of nine two-bedroom, one-bath units and two one-bedroom, one-bath units, many updated throughout the years. Tenants have access to a convenient community laundry room, and off-street parking is also available. The duplex features two units, one with two bedrooms and one bath, and one with 3 bedrooms and 2 baths, offering additional rental possibilities. With its strategic location near Simpson College, the property experiences strong rental demand from students and faculty, ensuring consistent occupancy. Situated near Buxton Park, tenants can enjoy easy access to green spaces and walking trails, adding to the appeal of the residence. Additionally, the property is just minutes from downtown Indianola and various local amenities, making it a well-rounded choice for renters.