523 S 2nd Street Winterset, IA $ 125,000
523 S 2nd Street
$ 125,000
Share Save

523 S 2nd Street

Winterset, IA, 50273
$ 125,000
Bedrooms5 Baths2.0 Sq 1,556

Monthly Estimate*

$ 770

523 S 2nd Street, Winterset, IA 50273 - Image 1
523 S 2nd Street, Winterset, IA 50273 - Image 2
523 S 2nd Street, Winterset, IA 50273 - Image 3
523 S 2nd Street, Winterset, IA 50273 - Image 4
523 S 2nd Street, Winterset, IA 50273 - Image 5
523 S 2nd Street, Winterset, IA 50273 - Image 6
523 S 2nd Street, Winterset, IA 50273 - Image 7
523 S 2nd Street, Winterset, IA 50273 - Image 8
523 S 2nd Street, Winterset, IA 50273 - Image 9
523 S 2nd Street, Winterset, IA 50273 - Image 10
523 S 2nd Street, Winterset, IA 50273 - Image 11
523 S 2nd Street, Winterset, IA 50273 - Image 12
523 S 2nd Street, Winterset, IA 50273 - Image 13

Multi-Family Home for sale in Winterset, IA

for $125,000 with 5 bedrooms and 2 full baths. This 1,556 square foot home was built in 1870 on a lot size of 0.32.

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!

See more

Multi-Family Active

Price

$ 125,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,500

Style

Lot Size

0.32

Year Built

1870

Town/City

Winterset

County/Region

Madison

MLS | Web ID

720154

List By
Benjamin Grotzke

Listing Agent

Lpt Realty, Llc

Broker

ben@bengrotzke.com

Email

Affordability Calculator

$1,061
Per Month
73%
27%
0%
Monthly Principal & Interest
$770
Monthly Property Taxes
$292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4668342 Elementary School
4668343 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2026$125,000 -10.71% Price Down
11/14/2025$140,000 -12.45% Price Down
7/30/2025$159,900 Listed Price

Map


See all

523 S 2nd Street, Winterset, IA, 50273 is a Multi-Family Home for sale at $125,000 with 1,556 sqft and a lot size of 0.32. 523 S 2nd Street has 5 bedrooms, 2.0 baths, and was built in 1870. The property's zip code is 50273 which is in Winterset, IA