$125,000

523 S 2nd Street, Winterset, IA 50273

  • 5 beds |
  • 2 baths |
  • 1,556 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1870
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $80/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

This conversion duplex offers the perfect opportunity to add value and generate strong returns. Located just blocks from downtown Winterset, this property is ideal for house hackers, investors, or anyone looking to expand their portfolio in a growing community. Each unit offers spacious layouts with room for updates and personalization. With separate entrances, utilities, and off-street parking the bones are here, just bring your vision and finishing touches. Live in one unit while renting out the other, or lease both for solid long-term cash flow. Whether you're looking to renovate and hold or flip for profit, this is a rare chance to capitalize on affordable multifamily in a desirable small-town setting. Don't miss this one!

Listing Status:
Active
Date Added:
June 12, 2025
Data Last Updated:
July 28, 2026 at 7:17AM
Listing Office:
LPT Realty, LLC : (515) 669-4010
Listing Agent:
Benjamin Grotzke : (515) 745-0425
MLS ID:
720154
  • Appliances: RefrigeratorStove
  • A/C: Window Unit(s)
  • Heating: BaseboardElectric
  • Style: Duplex
  • Parking: AttachedGarageTwo Car Garage
  • Roofing: AsphaltShingle
  • General: Cement SidingBlock
  • Road/Access: Asphalt
  • Originating MLS: DMAAR_DM
  • School District: Winterset
  • County: Madison
  • Zoning: RLOT 5 & 6 BLOCK 16 JONES ADDITION820001016050000
  • Source: DMAAR_DM

This listing courtesy of Benjamin Grotzke , LPT Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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