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616 W Smith Street Russell, IA $ 40,000
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$ 40,000 Get more info
616 W Smith Street
$ 40,000
Back to search
Share Save

616 W Smith Street

Russell, IA, 50238
$ 40,000
Bedrooms3 Baths1.0 Sq 1,464

Monthly Estimate*

$ 250

616 W Smith Street, Russell, IA 50238 - Image 1
616 W Smith Street, Russell, IA 50238 - Image 2
616 W Smith Street, Russell, IA 50238 - Image 3

Single Family Home for sale in Russell, IA

for $40,000 with 3 bedrooms and 1 full bath. This 1,464 square foot home was built in 1900 on a lot size of 0.28.

Charming Investment Opportunity in Russell, Iowa! This 2-story, 3-bedroom, 1-bath home built in 1900 is full of character and located in the friendly town of Russell. Currently tenant-occupied and producing $700/month in rental income, it offers immediate returns. A new furnace and central A/C unit were installed in 2024, adding modern comfort to this classic property. Russell is a quiet, close-knit community just minutes from Chariton, perfect for those seeking small-town living with nearby conveniences. Home is being sold as-is, making it a great opportunity for investors or buyers ready to add their touch. Schedule your showing today!

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Single Family Active

Price

$ 40,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.28

Year Built

1900

Town/City

Russell

County/Region

Lucas

MLS | Web ID

728210
List By
Katelynn Cook

Listing Agent

Re/Max Revolution

Broker

katelynn@soldbyrev.com

Email

Affordability Calculator

$250
Per Month
100%
0%
0%
Monthly Principal & Interest
$250
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
1177573 Elementary School
1177565 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$40,000 -11.11% Price Down
10/13/2025$45,000 Listed Price

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616 W Smith Street, Russell, IA, 50238 is a Single Family Home for sale at $40,000 with 1,464 sqft and a lot size of 0.28. 616 W Smith Street has 3 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 50238 which is in Russell, IA

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