Real Estate Investment Properties for Sale in Indianola, IA

Looking for investment property in Indianola, IA with high ROI ?

Explore a variety of short-term homes & houses in Indianola, IA. Invest wisely with VRBO & Indianola, IA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Indianola, IA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
305 N 10th Street Indianola, IA Welcome to this spacious 4 bedroom split-foyer located on a dead-end street in a great Ind...	4 beds \| 2 baths \| 1,140 sq.ft.	$257,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.77% Airbnb Rental Income: $null Traditional Rental Income: $1901 Airbnb ROI: N/A Traditional ROI: 4.77%
402 W Ashland Avenue Indianola, IA 24 Hour Sale.	4 beds \| 2 baths \| 2,112 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.06% Airbnb Rental Income: $null Traditional Rental Income: $2311 Airbnb ROI: N/A Traditional ROI: 9.06%
1611 W Clinton Avenue Indianola, IA Welcome home to this beautifully updated split-foyer in Indianola, offering plenty of spac...	4 beds \| 2 baths \| 810 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.01% Airbnb Rental Income: $null Traditional Rental Income: $1727 Airbnb ROI: N/A Traditional ROI: 5.01%
1406 N B Street Indianola, IA Welcome home to this charming 3-bedroom, 2-bathroom brick ranch offering a blend of comfor...	3 beds \| 2 baths \| 1,420 sq.ft.	$299,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 3.32% Airbnb Rental Income: $1471 Traditional Rental Income: $1749 Airbnb ROI: 0.79% Traditional ROI: 3.32%
9870 Merrill Trail Indianola, IA Imagine coming home to the wooded peace and privacy of this spacious rural property, while...	5 beds \| 4 baths \| 2,452 sq.ft.	$787,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.42% Airbnb Rental Income: $null Traditional Rental Income: $3203 Airbnb ROI: N/A Traditional ROI: 2.42%
614 S Y Street Indianola, IA Golf course views and west side location with this amazing Townhome at Deer Run Knolls! Yo...	3 beds \| 3 baths \| 1,482 sq.ft.	$349,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 3.77% Airbnb Rental Income: $1471 Traditional Rental Income: $2364 Airbnb ROI: -0.27% Traditional ROI: 3.77%
308 W 18th Place Indianola, IA More space, more possibilities, and plenty to love! This inviting 4-bedroom, 2-bath ranch ...	4 beds \| 2 baths \| 1,040 sq.ft.	$238,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.03% Airbnb Rental Income: $null Traditional Rental Income: $1748 Airbnb ROI: N/A Traditional ROI: 5.03%
9255 Harding Street Indianola, IA AMAZING ACREAGE!! Welcome home to this beautiful brick home with 2 car garage on almost 8 ...	4 beds \| 2 baths \| 1,518 sq.ft.	$624,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.59% Airbnb Rental Income: $null Traditional Rental Income: $2111 Airbnb ROI: N/A Traditional ROI: 1.59%
1302 S L Court Indianola, IA Welcome Home to the popular Deer Creek neighborhood in Indianola! This beautiful 4-bedroom...	4 beds \| 3 baths \| 1,715 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.57% Airbnb Rental Income: $null Traditional Rental Income: $2021 Airbnb ROI: N/A Traditional ROI: 2.57%
1708 E Euclid Avenue Indianola, IA Welcome home to this inviting open-concept residence featuring tall, vaulted ceilings that...	3 beds \| 2 baths \| 1,414 sq.ft.	$349,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 4.05% Airbnb Rental Income: $1471 Traditional Rental Income: $1887 Airbnb ROI: 1.45% Traditional ROI: 4.05%
401 E 2nd Avenue Indianola, IA Charming 4 BR, 2.5 BA home filled with character, original woodwork, and timeless built-in...	4 beds \| 3 baths \| 1,887 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.99% Airbnb Rental Income: $null Traditional Rental Income: $2748 Airbnb ROI: N/A Traditional ROI: 7.99%
604 Trail Ridge Road Indianola, IA Updated 3 bedroom, 3 bath townhome near the Indianola Golf Club. First floor features incl...	3 beds \| 3 baths \| 1,477 sq.ft.	$365,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 2.2% Airbnb Rental Income: $1471 Traditional Rental Income: $1814 Airbnb ROI: -0.07% Traditional ROI: 2.2%
405 N 10th Street Indianola, IA Many large ticket items have been completed in this home. It's ready for you to decorate t...	3 beds \| 1 baths \| 1,008 sq.ft.	$229,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 1.96% Airbnb Rental Income: $1471 Traditional Rental Income: $1018 Airbnb ROI: 2.05% Traditional ROI: 1.96%
703 E Salem Avenue Indianola, IA This classic mid century home offers original hardwood floors throughout, offers 3 bedroom...	3 beds \| 2 baths \| 1,141 sq.ft.	$215,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 3.35% Airbnb Rental Income: $1471 Traditional Rental Income: $1161 Airbnb ROI: 2.74% Traditional ROI: 3.35%
306 W Boston Avenue Indianola, IA Charm, Space, and Location! This inviting 1 1/2-story Cape Cod offers more room than you m...	4 beds \| 2 baths \| 1,643 sq.ft.	$267,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $1881 Airbnb ROI: N/A Traditional ROI: 4.69%
508 N K Street Indianola, IA This 4 bdrm Ranch home is just waiting for you! Main level includes a large family room, 3...	4 beds \| 2 baths \| 1,008 sq.ft.	$222,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.57% Airbnb Rental Income: $null Traditional Rental Income: $1592 Airbnb ROI: N/A Traditional ROI: 4.57%
503 W 2nd Avenue Indianola, IA Here is a home or investment opportunity for less than $150,000! This as-is home is alread...	3 beds \| 1 baths \| 1,224 sq.ft.	$140,000	Airbnb cash on cash: 4.58% Traditional cash on cash: 8.27% Airbnb Rental Income: $1471 Traditional Rental Income: $1533 Airbnb ROI: 4.58% Traditional ROI: 8.27%
13426 169th Lane Indianola, IA Where Luxury, Rural, and Convenience Meet: A Work of Art Warren County, Iowa Estate PC is ...	5 beds \| 6 baths \| 5,546 sq.ft.	$1,299,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $6756 Airbnb ROI: N/A Traditional ROI: 3.14%
13069 Garst Trail Indianola, IA Prepare to say WOW when you see this remarkable 6-acre property just south of town! With a...	4 beds \| 3 baths \| 1,536 sq.ft.	$634,400	Airbnb cash on cash: N/A Traditional cash on cash: 1.75% Airbnb Rental Income: $null Traditional Rental Income: $2325 Airbnb ROI: N/A Traditional ROI: 1.75%
1306 E Girard Avenue Indianola, IA If you're looking for a spacious ranch home in an established neighborhood, this is one yo...	3 beds \| 3 baths \| 1,574 sq.ft.	$334,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 3.66% Airbnb Rental Income: $1471 Traditional Rental Income: $1990 Airbnb ROI: 0.63% Traditional ROI: 3.66%
15999 Fulton Street Indianola, IA Enjoy country living with plenty of room to spread out on this 25-acre property! This 3-be...	3 beds \| 2 baths \| 1,468 sq.ft.	$595,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.7% Airbnb Rental Income: $1471 Traditional Rental Income: $1931 Airbnb ROI: 0.09% Traditional ROI: 1.7%
611 S O Street Indianola, IA Welcome home! This solid brick 4-bedroom residence in Indianola is located in a wonderful ...	4 beds \| 2 baths \| 1,820 sq.ft.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $2019 Airbnb ROI: N/A Traditional ROI: 5.67%
1112 N 6th Street #72 Indianola, IA Enjoy easy, low-maintenance living in this inviting upper-level condominium featuring 2 be...	2 beds \| 2 baths \| 986 sq.ft.	$125,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 10.07% Airbnb Rental Income: $1199 Traditional Rental Income: $1644 Airbnb ROI: 3.14% Traditional ROI: 10.07%
1001 Sunset Circle Indianola, IA Better than new! This custom-built, hard-to-find 5-BR, 3.5-BA home offers exceptional spac...	5 beds \| 4 baths \| 2,040 sq.ft.	$439,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $2959 Airbnb ROI: N/A Traditional ROI: 4.72%
14958 R63 Highway Indianola, IA This is a perfect acreage on pavement with so much space and shares a large pond with neig...	2 beds \| 2 baths \| 1,794 sq.ft.	$519,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 2.45% Airbnb Rental Income: $1199 Traditional Rental Income: $2096 Airbnb ROI: -0.19% Traditional ROI: 2.45%
104 E Boston Avenue Indianola, IA Investment opportunity is knocking! 4-unit rental with 3 studio apartments & a 1 BR apartm...	1 beds \| 5 baths \| 1,776 sq.ft.	$194,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 11.35% Airbnb Rental Income: $991 Traditional Rental Income: $2631 Airbnb ROI: 0.58% Traditional ROI: 11.35%
326 S Spruce Street Indianola, IA Discover Indianola's newest townhomes by New Era Homes, offering custom-quality constructi...	4 beds \| 3 baths \| 1,686 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $2512 Airbnb ROI: N/A Traditional ROI: 3.45%
328 S Spruce Street Indianola, IA Discover Indianola's newest townhomes by New Era Homes, offering custom-quality constructi...	4 beds \| 3 baths \| 1,686 sq.ft.	$429,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $2512 Airbnb ROI: N/A Traditional ROI: 3.45%
2312 N 7th Street Indianola, IA WELCOME HOME! Home is in Drywall Stage! This exceptional new construction home showcases...	3 beds \| 3 baths \| 1,675 sq.ft.	$619,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 1.59% Airbnb Rental Income: $1471 Traditional Rental Income: $2488 Airbnb ROI: -0.92% Traditional ROI: 1.59%
1508 W Iowa Ave Indianola, IA This beautiful Indianola home perfectly balances classic charm with modern comfort in a hi...	4 beds \| 4 baths \| 2,730 sq.ft.	$455,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.23% Airbnb Rental Income: $null Traditional Rental Income: $2828 Airbnb ROI: N/A Traditional ROI: 4.23%
1906 E Clinton Place Indianola, IA Ashton Park is one of Indianola's Fastest growing neighborhoods. On the east side of town ...	3 beds \| 2 baths \| 1,408 sq.ft.	$368,990	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.32% Airbnb Rental Income: $1471 Traditional Rental Income: $2128 Airbnb ROI: 0.17% Traditional ROI: 3.32%
8241 R63 Highway Indianola, IA Hard to find acreage, million dollar views, inground pool, PLENTY of garages for car guys ...	3 beds \| 3 baths \| 2,126 sq.ft.	$745,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.57% Airbnb Rental Income: $1471 Traditional Rental Income: $2571 Airbnb ROI: -0.64% Traditional ROI: 1.57%
12508 110th Avenue Indianola, IA Located just outside Indianola city limits, this ranch sits on approximately 13 scenic acr...	3 beds \| 2 baths \| 1,302 sq.ft.	$459,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.11% Airbnb Rental Income: $1471 Traditional Rental Income: $1769 Airbnb ROI: 0.41% Traditional ROI: 2.11%
1904 E Clinton Place Indianola, IA $10,000 seller concession to put towards appliances, blinds, closing cost, rate buy-down o...	3 beds \| 2 baths \| 1,474 sq.ft.	$364,990	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.45% Airbnb Rental Income: $1471 Traditional Rental Income: $2149 Airbnb ROI: 0.2% Traditional ROI: 3.45%
2012 N 7th Street Indianola, IA Welcome home to this beautiful 2-story offering 4 spacious bedrooms, 2.5 bathrooms, and an...	4 beds \| 3 baths \| 2,053 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.67% Airbnb Rental Income: $null Traditional Rental Income: $2825 Airbnb ROI: N/A Traditional ROI: 6.67%
8409/8413 G24 Highway Indianola, IA Welcome to Copper Moon Ranch, a premier 8.2-acre (more land could potentially be available...	5 beds \| 4 baths \| 2,474 sq.ft.	$2,499,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.04% Airbnb Rental Income: $null Traditional Rental Income: $3160 Airbnb ROI: N/A Traditional ROI: 0.04%
13206 Summerset Road Indianola, IA Neat and tidy! A perfectly balanced blend of everything you need and nothing that just cre...	4 beds \| 2 baths \| 1,120 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.7% Airbnb Rental Income: $null Traditional Rental Income: $1972 Airbnb ROI: N/A Traditional ROI: 2.7%
13541 169th Lane Indianola, IA Have you ever dreamed of walking out the back door of your home and getting onto your pont...	4 beds \| 3 baths \| 1,859 sq.ft.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.73% Airbnb Rental Income: $null Traditional Rental Income: $2575 Airbnb ROI: N/A Traditional ROI: 1.73%
8541 Gear Street Indianola, IA Here's your chance to have an acreage with your home attached to your 40'x60' insulated sh...	1 beds \| 2 baths \| 1,600 sq.ft.	$250,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.52% Airbnb Rental Income: $991 Traditional Rental Income: $1054 Airbnb ROI: -0.24% Traditional ROI: 1.52%
410 E 3rd Avenue Indianola, IA Character and potential on a 75 x 150 lot! This 3 bed, 1 bath home offers 992 SF with viny...	3 beds \| 1 baths \| 992 sq.ft.	$150,000	Airbnb cash on cash: 4.04% Traditional cash on cash: 6.35% Airbnb Rental Income: $1471 Traditional Rental Income: $1368 Airbnb ROI: 4.04% Traditional ROI: 6.35%

Real Estate investment in Indianola, IA

There are 94 properties for sale in the city of Indianola . The median list price in Indianola is $315,350 and the average price per square foot is $200. In November 2026, the average monthly cash on cash return in Indianola is 4.00%. The average monthly rental income in Indianola is $2,128.

Indianola, IA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 94 investment properties available for sale in Indianola.

In 2026, the best neighborhood to buy investment property is Indianola.

The ROI for Long-Term is higher than the Short-Term in Indianola with average rental income of $2,128.

Your search for investment property begins and ends here

Investment Property for Sale in Indianola, IA

305 N 10th Street

Indianola, IA

4 beds | 2 baths | 1,140 sq.ft.

$257,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.77%

Airbnb Rental Income: $null

Traditional Rental Income: $1901

Airbnb ROI: N/A

Traditional ROI: 4.77%

402 W Ashland Avenue

Indianola, IA

4 beds | 2 baths | 2,112 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 9.06%

Airbnb Rental Income: $null

Traditional Rental Income: $2311

Airbnb ROI: N/A

Traditional ROI: 9.06%

1611 W Clinton Avenue

Indianola, IA

4 beds | 2 baths | 810 sq.ft.

$240,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1727

Airbnb ROI: N/A

Traditional ROI: 5.01%

1406 N B Street

Indianola, IA

3 beds | 2 baths | 1,420 sq.ft.

$299,900

Airbnb cash on cash: 0.79%

Traditional cash on cash: 3.32%

Airbnb Rental Income: $1471

Traditional Rental Income: $1749

Airbnb ROI: 0.79%

Traditional ROI: 3.32%

9870 Merrill Trail

Indianola, IA

5 beds | 4 baths | 2,452 sq.ft.

$787,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.42%

Airbnb Rental Income: $null

Traditional Rental Income: $3203

Airbnb ROI: N/A

Traditional ROI: 2.42%

614 S Y Street

Indianola, IA

3 beds | 3 baths | 1,482 sq.ft.

$349,900

Airbnb cash on cash: -0.27%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $1471

Traditional Rental Income: $2364

Airbnb ROI: -0.27%

Traditional ROI: 3.77%

308 W 18th Place

Indianola, IA

4 beds | 2 baths | 1,040 sq.ft.

$238,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.03%

Airbnb Rental Income: $null

Traditional Rental Income: $1748

Airbnb ROI: N/A

Traditional ROI: 5.03%

9255 Harding Street

Indianola, IA

4 beds | 2 baths | 1,518 sq.ft.

$624,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2111

Airbnb ROI: N/A