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523 S 2nd Street

Winterset, IA 50273
  • $140,000
  • STATUS: Active
  • ON SITE: 177 Days
  • MLS #: 720154
UPDATED: 16 min ago
$140,000
  • 5
    BEDS
  • 0.32
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,556
    SQFT
  • $90
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1870
County:
Area:

School Ratings & Info

School District:

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!

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© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2025-12-07T11:22:20.033.
www.exitrealtycc.com/homes/164845597
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523 S 2nd Street Winterset, IA 50273

  • Price: $140,000
  • Status: Active
  • On Site: 177 Days
  • Updated: 16 min ago
  • MLS #: 720154
5
Beds
2
Baths
0
½ Baths
0.32
Acres
1,556
SQFT
$90
$/SQFT
1870
Built
Neighborhood:
Winterset
County:
Madison
Area:
Winterset
School District:
Winterset
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!
Exterior Features

Architectural Style Duplex Attached Garage YN Yes Construction Materials Cement Siding Foundation Details Block Garage YN Yes Parking Features Attached Garage Two Car Garage Road Surface Type Asphalt Roof Asphalt Shingle

Interior Features

Appliances Refrigerator Stove Cooling Window Unit(s) Cooling YN Yes Heating Baseboard Electric Heating YN Yes Main Level Bedrooms 2

Property Features

Lease Considered YN No Listing Terms Cash Conventional Property Sub Type Duplex Property Sub Type Additional Duplex Residential Structure Type Duplex Tax Annual Amount 3500 Zoning R

Listing provided courtesy of LPT Realty, LLC: (877) 366-2213. © 2025 Des Moines Multiple Listing Service.
© 2025 Des Moines Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Capital City. Data last updated: 2025-12-07T11:22:20.033.
 
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