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About This Home
This 4-bedroom, 2-bathroom single family at 634 2nd Street in Traer, IA is listed for $80,000 ($44 per sqft). Built in 1900, the home offers 1,812 sqft of living space on a 0.11 acres lot.
Here is a rare chance to step into a renovation already in progress and bring it across the finish line. The original owner invested significant time and resources into transforming this 4-bedroom, 2-bath home and got close - very close. Most of the heavy lifting is done, and the project is now positioned perfectly for a savvy investor or owner-occupant ready to add the finishing touches and capture the upside.
Set on a 4,791 sq ft lot in Traer, the property offers 1,812 sq ft of living space with a sound structural foundation and an interior that's further along than the price would suggest. Much of the renovation groundwork is already complete, meaning a new buyer can bypass the early, messy phases and focus on final finishes, fixtures, and cosmetics.
Whether you're looking to flip, rent, or move in, the numbers here are compelling. At this stage of completion, your capital goes directly toward value-add finishes - not demo or structural work. Properties like this, already mid-renovation in a stable small-town Iowa market, don't last long once word gets out. Sold as-is. Buyer to verify all measurements and complete their own due diligence. Proof of funds or financing pre-approval preferred. Schedule your walkthrough today and see exactly where the project stands.
Key Features
- Built in 1900
- 0.11 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$428/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
634 2nd Street
Traer, IA 50675
Property Details
Heating
Questions & Answers
This 4-bedroom, 2-bathroom single family at 634 2nd Street is listed at $80,000 ($44/sqft). The estimated monthly payment is $347 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.11 acre lot, 2 stories.
This property is listed by Fernando Aveiga and can be reached at 5157825174 or homescowboy@gmail.com.


