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Executive Summary

This well-maintained 2-unit conversion is located across from the South Caseys in Indianola . Both units have been updated and improved with long-term tenants already in place. If you are looking to expand your portfolio or looking for your first rental, this would be a good investment. Solid rental history. Send all questions about the property to the Listing Agent for clarification.

Property Facts

Price $288,151 CAD
Price Per Unit $144,075 CAD
Sale Type Investment
Cap Rate 6.55%
Gross Rent Multiplier 9.85
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Single-Family Home
Lot Size 0.25 AC
Building Size 2,095 SF
Average Occupancy 100%
No. Stories 2
Year Built 1900
Parking Ratio 0.95/1,000 SF
Zoning R - Residential - 2-family conversion
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
48300060050
Land Assessment
$46,706 CAD
Improvements Assessment
$214,026 CAD
Total Assessment
$260,732 CAD
  • Listing ID: 39824974

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 510 S Jefferson Way, Indianola, IA 50125

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