About This Home

This 4-bedroom, 1-bathroom single family at 206 W 2ND ST in Calumet, IA is listed for $55,000 ($45 per sqft). Built in 1900, the home offers 1,219 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1900
  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
1 full
2-car garage
1900
Listing Description

Looking for an affordable opportunity to become a homeowner while building equity? This 4-bedroom, 1 bath home at 206 W. Second St. in Calumet offers plenty of potential for the buyer who isn`t afraid to roll up their sleeves. Situated directly across from the city park, this property provides a fantastic location with easy access to green space, playgrounds, and outdoor recreation.

Inside, you`ll find a functional layout with four bedrooms, one full bathroom, and convenient main-floor laundry hookups. The home has already seen some improvements, including newer siding, giving you a solid head start on bringing this property back to life.

While it does need a new roof and furnace, this is reflected in the opportunity it presents. With the right vision and updates, this could become a wonderful home or a smart investment. Recently returned to the bank, this property offers buyers the chance to purchase at an attractive price point and create value through improvements rather than paying for someone else`s renovations.

If you`ve been searching for an affordable way to enter the housing market or add to your investment portfolio, this could be the project you`ve been waiting for. Bring your ideas, make it your own, and enjoy the rewards of building equity from the ground up..

Monthly Cost Estimate

$294/mo

20% down · 6.5% · 30 years

Principal$40
Interest$238
Insurance$16

Estimates only. Actual payments may vary.

Location

206 W 2ND ST

Calumet, IA 51009

Questions & Answers

This 4-bedroom, 1-bathroom single family at 206 W 2ND ST is listed at $55,000 ($45/sqft). The estimated monthly payment is $294 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.25 acre lot, 2 stories.

This property is listed by Rusty Rasmus and can be reached at 7122611965.

RR

Rusty Rasmus

Agent at Rasmus Realty & Auction

(712) 261-1965
Agent website

Listed by Rasmus Realty & Auction · Broker phone: 7122254911 · View on Broker Site · Broker website

MLS# 833866· Source: Northwest Iowa Regional Board of Realtors· 73 days on PropertySimple

Copyright © 2026 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

206 W 2ND ST, Calumet, IA 51009

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