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About This Home

This 2-bedroom, 1-bathroom single family at 307 Prospect Street in Iowa Falls, IA is listed for $67,500 ($108 per sqft). Built in 1950, the home offers 624 sqft of living space on a 0.15 acres lot.

Agent Description

Welcome to 307 Prospect St, a rare opportunity that balances high-yield potential with the pride of homeownership. Strategically priced for a clean, efficient sale, this property is being sold strictly in As-Is condition, perfect for the buyer looking for instant equity or a plug-and-play investment.

Inside, you'll find a clean, functional layout. For the homeowner, it's a move-in-ready sanctuary with 2 beds & 1 bath. For the investor, this property is a 'cash-flow' machine, previously commanding a market-strong rent of $850 per month with a proven payment history.

Located just minutes from the historic Swinging Bridge, this home combines small-town charm with modern reliability. Whether you are looking to escape the rent cycle or expand your Midwest holdings, this property is ready for its next chapter. Property is being sold as-is. Seller is looking for a straightforward transaction, don't miss your chance to own a piece of Iowa Falls, schedule your tour toda

Key Features

  • Built in 1950
  • 0.15 acre lot

Property Details

1 full
1950

Amenities

A/C

Monthly Cost Estimate

$361/mo

20% down · 6.5% · 30 years

Principal$49
Interest$293
Insurance$20

Estimates only. Actual payments may vary.

Location

307 Prospect Street

Iowa Falls, IA 50126

Property Details

Construction

Wood Siding

Heating

Forced Air

Cooling

Window Unit(s)

Questions & Answers

This 2-bedroom, 1-bathroom single family at 307 Prospect Street is listed at $67,500 ($108/sqft). The estimated monthly payment is $293 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.15 acre lot.

This property is listed by Jeffrey Hagel and can be reached at 9525290066 or jeffrey.hagel@gmail.com.

JH

Jeffrey Hagel

Agent at Jeff Hagel Real Estate

(952) 529-0066

Listed by Jeff Hagel Real Estate · View on Broker Site

MLS# 6337907· Source: listhub· Updated 28 days ago

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

307 Prospect Street, Iowa Falls, IA 50126

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