13
See all 13 photos
$315,000
Est. payment /mo
5,662 Sqft Lot
Active
107 W Salem Avenue Indianola, IA 50125
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 701231
HOA Y/N No
Year Built 1890
Annual Tax Amount $5,986
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Description
This is a rare opportunity to acquire a mixed-use property on the popular Indianola Square! With 7,445 sq. ft of Commercial use and 2 Residential units comprised of a studio apt. & a good-sized 2 bedroom apt., this property would be a valuable addition to your investment portfolio.
The Commercial portion has separate H20, gas & electric. It offers (3) 1/2 baths and (1) 3/4 baths & an office. There is enough space to personalize or add more rental opportunities with a back door to the alley.
Residential is all electric with window air conditioning and convenient, shared Laundry. Both units offers 1 full bath each. Sooo many options with this property!
The Commercial portion has separate H20, gas & electric. It offers (3) 1/2 baths and (1) 3/4 baths & an office. There is enough space to personalize or add more rental opportunities with a back door to the alley.
Residential is all electric with window air conditioning and convenient, shared Laundry. Both units offers 1 full bath each. Sooo many options with this property!
Location
State IA
County Warren
Area Indianola
Zoning C MR
Interior
Heating Electric, Forced Air, Gas
Cooling Central Air, Window Unit(s)
Fireplace No
Exterior
Roof Type Rubber
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Indianola
Others
Tax ID 48020170030
Monthly Total Fees $498
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2025 Des Moines Area Association of REALTORS®. All rights reserved.
Listed by Iowa Realty South
GET MORE INFORMATION
QUICK SEARCH