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About This Home
This 5-bedroom, 2-bathroom multi-family at 523 S 2nd Street in Winterset, IA is listed for $125,000 ($80 per sqft). Built in 1870, the home offers 1,556 sqft of living space on a 0.32 acres lot.
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!
Key Features
- Built in 1870
- 0.32 acre lot
Property Details
Amenities
Monthly Cost Estimate
$669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
523 S 2nd Street
Winterset, IA 50273
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 2-bathroom multi-family at 523 S 2nd Street is listed at $125,000 ($80/sqft). The estimated monthly payment is $542 based on 20% down at 6.5% interest.
Key features include: Built in 1870, 0.32 acre lot.
This property is listed by Benjamin Grotzke and can be reached at 5157450425 or ben@bengrotzke.com.