4 Beds
2 Baths
1,812 sqft
$65,000
634 2nd Street, Traer IA, 50675
Price per sqft$35.87
Built in1900
Property size1,812 sqft
Property typeResidential
Overview
Active
Listed May 11, 2026
Updated 4 weeks ago
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.
$432/mo
Est. mortgage payment based on a $65,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 740272
Interior Features
- Bedrooms
- 4
- Bathrooms
- 2
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.11 Acres
Other Property Details
- Taxes
- $404
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of EXP Realty, LLC, Fernando Aveiga,
Listing Contact: (515) 782-5174
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Jones Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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