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
2408 W 10th Avenue Indianola, IA Prepare to be impressed by this amazing 4-bedroom ranch, built in 2007, backing to Deer Ru...	4 beds \| 4 baths \| 2,241 sq.ft.	$629,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.3% Airbnb Rental Income: $null Traditional Rental Income: $2845 Airbnb ROI: N/A Traditional ROI: 2.3%
1401 N 6th Street #12 Indianola, IA Come view this well maintained 2-story townhome offering 3 bedrooms, 2.5 baths with 1,380 ...	3 beds \| 3 baths \| 1,380 sq.ft.	$200,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 7.39% Airbnb Rental Income: $1572 Traditional Rental Income: $2138 Airbnb ROI: 2.03% Traditional ROI: 7.39%
903 E 1st Avenue Indianola, IA Charming 2-bedroom, 2-bath ranch-style home with fresh paint, an updated kitchen, and load...	2 beds \| 2 baths \| 1,288 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $1916 Airbnb ROI: N/A Traditional ROI: 5.28%
1706 E Boston Avenue Indianola, IA Move right in to this spacious 2-story in a convenient East Indianola location with quick ...	4 beds \| 4 baths \| 1,680 sq.ft.	$310,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $2509 Airbnb ROI: N/A Traditional ROI: 5.68%
911 N Howard Street Indianola, IA Welcome home to this charming 1.5-story home in a convenient Indianola location! Inside, y...	3 beds \| 2 baths \| 1,296 sq.ft.	$225,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 4.73% Airbnb Rental Income: $1572 Traditional Rental Income: $1553 Airbnb ROI: 2.7% Traditional ROI: 4.73%
408 N 19th Street Indianola, IA Fantastic, like-new home in Indianola ready for its next owner! This beautifully maintaine...	3 beds \| 2 baths \| 1,400 sq.ft.	$379,900	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.29% Airbnb Rental Income: $1572 Traditional Rental Income: $2139 Airbnb ROI: 1.44% Traditional ROI: 4.29%
1600 E Euclid Avenue Indianola, IA Space, comfort, and location come together beautifully at 1600 E Euclid Ave in Indianola's...	4 beds \| 3 baths \| 1,847 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.83% Airbnb Rental Income: $null Traditional Rental Income: $2114 Airbnb ROI: N/A Traditional ROI: 4.83%
405 W 1st Avenue Indianola, IA Charming 3-bedroom, 1-bath ranch offering easy one-level living! The beautifully updated k...	3 beds \| 1 baths \| 972 sq.ft.	$209,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 2.72% Airbnb Rental Income: $1572 Traditional Rental Income: $1029 Airbnb ROI: 3.19% Traditional ROI: 2.72%
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%
2319 N 9th Court Indianola, IA Fully custom walk-out ranch built in 2021 by New Era Homes, ideally situated on a quiet cu...	4 beds \| 3 baths \| 1,903 sq.ft.	$684,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.39% Airbnb Rental Income: $null Traditional Rental Income: $2544 Airbnb ROI: N/A Traditional ROI: 2.39%
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: 5.2% Traditional cash on cash: 8.27% Airbnb Rental Income: $1572 Traditional Rental Income: $1533 Airbnb ROI: 5.2% Traditional ROI: 8.27%
2010 N 7th Street Indianola, IA Great one story home! The Hamilton by DR Horton on a daylight lot. This home features: kit...	4 beds \| 3 baths \| 1,495 sq.ft.	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.53% Airbnb Rental Income: $null Traditional Rental Income: $2405 Airbnb ROI: N/A Traditional ROI: 4.53%
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.	$1,375,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $6756 Airbnb ROI: N/A Traditional ROI: 2.92%
1001 N 9th Street Indianola, IA Welcome home to this 4-bedroom, 3.5-bath two-story offering over 3,300 sq ft of finished l...	4 beds \| 4 baths \| 2,214 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $2941 Airbnb ROI: N/A Traditional ROI: 5.71%
303 N 19th Street Indianola, IA BUILDER PROMOTION FEATURED ON THIS HOME - $8,000 in total incentives to be used for rate b...	4 beds \| 3 baths \| 1,809 sq.ft.	$374,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.69% Airbnb Rental Income: $null Traditional Rental Income: $2642 Airbnb ROI: N/A Traditional ROI: 4.69%
13069 Garst Trail Indianola, IA Prepare to say WOW when you see this remarkable acreage in just south of town. This home s...	4 beds \| 3 baths \| 1,536 sq.ft.	$657,990	Airbnb cash on cash: N/A Traditional cash on cash: 1.93% Airbnb Rental Income: $null Traditional Rental Income: $2325 Airbnb ROI: N/A Traditional ROI: 1.93%
9418 Nevada Street Indianola, IA Beautiful custom ranch on 10.05 acres, less than 10 minutes from Indianola. The main floor...	4 beds \| 3 baths \| 1,956 sq.ft.	$650,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.97% Airbnb Rental Income: $null Traditional Rental Income: $2537 Airbnb ROI: N/A Traditional ROI: 1.97%
15999 Fulton Street Indianola, IA With only a 24 minute drive to downtown Des Moines, come explore the 24 acres that this 3 ...	3 beds \| 2 baths \| 1,468 sq.ft.	$670,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 1.4% Airbnb Rental Income: $1572 Traditional Rental Income: $1931 Airbnb ROI: 0.11% Traditional ROI: 1.4%
16359 Kennedy Street Indianola, IA Located just minutes east of Indianola, this newly constructed custom home sits on 2.20 ac...	3 beds \| 4 baths \| 1,813 sq.ft.	$599,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.21% Airbnb Rental Income: $1572 Traditional Rental Income: $2759 Airbnb ROI: -0.72% Traditional ROI: 2.21%
404 N 20th Street Indianola, IA Reed Welcome to The Reed by Jerry's Homes, offering over 1,400 sq. ft. on the main floor w...	3 beds \| 2 baths \| 1,435 sq.ft.	$384,990	Airbnb cash on cash: 0.29% Traditional cash on cash: 3.19% Airbnb Rental Income: $1572 Traditional Rental Income: $2166 Airbnb ROI: 0.29% Traditional ROI: 3.19%
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%
11186 165th Avenue Indianola, IA HEY! Hey YOU! That acreage you've been holding out for is finally here. Have you been frus...	3 beds \| 2 baths \| 1,520 sq.ft.	$385,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.31% Airbnb Rental Income: $1572 Traditional Rental Income: $1981 Airbnb ROI: 0.93% Traditional ROI: 3.31%
613 Trail Ridge Road Indianola, IA Looking for a GREAT kitchen? This one has plentiful cabinet space with nice features. Stai...	2 beds \| 3 baths \| 1,477 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $2068 Airbnb ROI: N/A Traditional ROI: 2.91%
410 N 1st Street #201 Indianola, IA 2nd-floor condo with elevator access offers easy, convenient living and makes this a highl...	2 beds \| 2 baths \| 1,206 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.66% Airbnb Rental Income: $null Traditional Rental Income: $1789 Airbnb ROI: N/A Traditional ROI: 8.66%
9612 Fairfax Trail Indianola, IA Discover the perfect blend of luxury, efficiency, and country living on this beautiful 5.3...	5 beds \| 5 baths \| 2,170 sq.ft.	$639,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $3680 Airbnb ROI: N/A Traditional ROI: 4.44%
1106 N 6th Street #43 Indianola, IA This beautifully refreshed 2-bedroom, 2-bath condo is ready to impress! Fresh paint throug...	2 beds \| 2 baths \| 986 sq.ft.	$132,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.36% Airbnb Rental Income: $null Traditional Rental Income: $1634 Airbnb ROI: N/A Traditional ROI: 9.36%
401 S 21st Ave Indianola, IA 407 S 21st Ave, Indianola, IA 50125 \| Other	N/A beds \| N/A baths \| N/A	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.8% Airbnb Rental Income: $null Traditional Rental Income: $959 Airbnb ROI: N/A Traditional ROI: 1.8%
324 S Spruce Street Indianola, IA Discover Indianola's newest townhomes by New Era Homes, offering custom-quality constructi...	4 beds \| 3 baths \| 1,620 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $2443 Airbnb ROI: N/A Traditional ROI: 4.75%
22247 Highway 69 Indianola, IA Mini "ranchette" anyone? Stunning home with scenic views of the countryside. Home sits on ...	4 beds \| 2 baths \| 1,320 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.15% Airbnb Rental Income: $null Traditional Rental Income: $2045 Airbnb ROI: N/A Traditional ROI: 1.15%
322 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.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.75% Airbnb Rental Income: $null Traditional Rental Income: $2443 Airbnb ROI: N/A Traditional ROI: 4.75%
1401 N 6th Street #3 Indianola, IA Welcome to this beautifully maintained 2-story townhome offering 3 bedrooms, 2.5 baths and...	3 beds \| 3 baths \| 1,380 sq.ft.	$202,500	Airbnb cash on cash: 2.92% Traditional cash on cash: 8.67% Airbnb Rental Income: $1572 Traditional Rental Income: $2226 Airbnb ROI: 2.92% Traditional ROI: 8.67%
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.	$138,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.06% Airbnb Rental Income: $null Traditional Rental Income: $1644 Airbnb ROI: N/A Traditional ROI: 9.06%
1913 E Boston Avenue Indianola, IA 24 hour BTO- Kingston	4 beds \| 3 baths \| 2,123 sq.ft.	$450,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2783 Airbnb ROI: N/A Traditional ROI: 3.82%
400 S 8th Court #16 Indianola, IA Situated in a desirable Indianola townhome community, this one-owner 2 bedroom, 2 bath ran...	2 beds \| 2 baths \| 1,079 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.4% Airbnb Rental Income: $null Traditional Rental Income: $1734 Airbnb ROI: N/A Traditional ROI: 4.4%
11584 76th Lane Indianola, IA Nestled in a country setting, just minutes from the city, this small acreage offers peace,...	3 beds \| 3 baths \| 1,870 sq.ft.	$395,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.22% Airbnb Rental Income: $1572 Traditional Rental Income: $2372 Airbnb ROI: 0.85% Traditional ROI: 4.22%
21779 120th Avenue Indianola, IA Welcome to this beautifully remodeled private ranch nestled on just under 3 acres in Warre...	3 beds \| 3 baths \| 1,176 sq.ft.	$425,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.85% Airbnb Rental Income: $1572 Traditional Rental Income: $1938 Airbnb ROI: 0.8% Traditional ROI: 2.85%
906 E Detroit Avenue Indianola, IA Welcome home to this 3-bedroom residence that truly stands out from the rest. The main lev...	3 beds \| 2 baths \| 768 sq.ft.	$265,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.3% Airbnb Rental Income: $1572 Traditional Rental Income: $1652 Airbnb ROI: 2.18% Traditional ROI: 4.3%
600 E Hillcrest Avenue #207 Indianola, IA Discover the comfort and ease of independent living! Come see this luxurious 2BR/2BA unit....	2 beds \| 2 baths \| 1,394 sq.ft.	$154,168	Airbnb cash on cash: N/A Traditional cash on cash: 11.18% Airbnb Rental Income: $null Traditional Rental Income: $2115 Airbnb ROI: N/A Traditional ROI: 11.18%
8541 Gear Trail Indianola, IA This home is currently listed as a ''delayed showing''. Under no circumstances will any sh...	1 beds \| 2 baths \| 1,600 sq.ft.	$250,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 5.9% Airbnb Rental Income: $1010 Traditional Rental Income: $2007 Airbnb ROI: 0.16% Traditional ROI: 5.9%
1901 W 4th Avenue Indianola, IA Welcome to this beautifully updated 3-bedroom, 1-bath home on a .27 acre corner lot. This ...	3 beds \| 1 baths \| 1,008 sq.ft.	$249,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 4.11% Airbnb Rental Income: $1572 Traditional Rental Income: $1565 Airbnb ROI: 2.22% Traditional ROI: 4.11%

Real Estate investment in Indianola, IA

There are 95 properties for sale in the city of Indianola . The median list price in Indianola is $296,847 and the average price per square foot is $176. In June 2026, the average monthly cash on cash return in Indianola is 4.00%. The average monthly rental income in Indianola is $2,325.

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

There are 95 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 $2,325.

Your search for investment property begins and ends here

Investment Property for Sale in Indianola, IA

2408 W 10th Avenue

Indianola, IA

4 beds | 4 baths | 2,241 sq.ft.

$629,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.3%

Airbnb Rental Income: $null

Traditional Rental Income: $2845

Airbnb ROI: N/A

Traditional ROI: 2.3%

1401 N 6th Street #12

Indianola, IA

3 beds | 3 baths | 1,380 sq.ft.

$200,000

Airbnb cash on cash: 2.03%

Traditional cash on cash: 7.39%

Airbnb Rental Income: $1572

Traditional Rental Income: $2138

Airbnb ROI: 2.03%

Traditional ROI: 7.39%

903 E 1st Avenue

Indianola, IA

2 beds | 2 baths | 1,288 sq.ft.

$244,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.28%

Airbnb Rental Income: $null

Traditional Rental Income: $1916

Airbnb ROI: N/A

Traditional ROI: 5.28%

1706 E Boston Avenue

Indianola, IA

4 beds | 4 baths | 1,680 sq.ft.

$310,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2509

Airbnb ROI: N/A

Traditional ROI: 5.68%

911 N Howard Street

Indianola, IA

3 beds | 2 baths | 1,296 sq.ft.

$225,000

Airbnb cash on cash: 2.7%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1572

Traditional Rental Income: $1553

Airbnb ROI: 2.7%

Traditional ROI: 4.73%

408 N 19th Street

Indianola, IA

3 beds | 2 baths | 1,400 sq.ft.

$379,900

Airbnb cash on cash: 1.44%

Traditional cash on cash: 4.29%

Airbnb Rental Income: $1572

Traditional Rental Income: $2139

Airbnb ROI: 1.44%

Traditional ROI: 4.29%

1600 E Euclid Avenue

Indianola, IA

4 beds | 3 baths | 1,847 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.83%

Airbnb Rental Income: $null

Traditional Rental Income: $2114

Airbnb ROI: N/A

Traditional ROI: 4.83%

405 W 1st Avenue

Indianola, IA

3 beds | 1 baths | 972 sq.ft.

$209,000

Airbnb cash on cash: 3.19%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $1572

Traditional Rental Income: $1029

Airbnb ROI: 3.19%