About This Home

This 5-bedroom, 2-bathroom single family at 523 S 2nd Street in Winterset, IA is listed for $99,000 ($64 per sqft). Built in 1870, the home offers 1,556 sqft of living space on a 0.32 acres lot.

Key Features

  • Built in 1870
  • 0.32 acre lot
  • 2 stories

Property Details

2 stories
2 full
1870
Listing 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!

Monthly Cost Estimate

$529/mo

20% down · 6.5% · 30 years

Principal$72
Interest$429
Insurance$29

Estimates only. Actual payments may vary.

Location

523 S 2nd Street

Winterset, IA 50273

Features & Amenities

Interior Features

DiningArea

Property Details

Construction

WoodSiding

Heating

Natural Gas

Questions & Answers

This 5-bedroom, 2-bathroom single family at 523 S 2nd Street is listed at $99,000 ($64/sqft). The estimated monthly payment is $530 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1870, 0.32 acre lot, 2 stories. Interior Features: DiningArea.

This property is listed by Benjamin Grotzke.

BG

Benjamin Grotzke

Agent at LPT Realty, LLC

Listed by LPT Realty, LLC · Broker phone: (515) 669-4010 · View on Broker Site

MLS# 752090· Source: Des Moines Area Association of REALTORS®, Inc.· 1 day on PropertySimple

Copyright © 2026 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

523 S 2nd Street, Winterset, IA 50273

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