523 S 2nd St Winterset, IA 50273
Estimated payment $1,029/month
About This Home
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,500
Year Built
- Built in 1870
Parking
- 2 Car Attached Garage
Home Design
- 1,556 Sq Ft Home
- Block Foundation
- Asphalt Shingled Roof
- Cement Board or Planked
Bedrooms and Bathrooms
Utilities
- Window Unit Cooling System
- Baseboard Heating
Additional Features
- Stove
- 0.32 Acre Lot
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 820001016050000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,700 | $156,500 | $37,900 | $118,600 |
| 2024 | $2,578 | $137,900 | $20,400 | $117,500 |
| 2023 | $1,958 | $137,900 | $20,400 | $117,500 |
| 2022 | $1,962 | $85,700 | $16,300 | $69,400 |
| 2021 | $1,962 | $85,700 | $16,300 | $69,400 |
| 2020 | $1,756 | $73,200 | $14,800 | $58,400 |
| 2019 | $1,656 | $66,800 | $0 | $0 |
| 2018 | $2,146 | $90,800 | $0 | $0 |
| 2017 | $1,982 | $82,400 | $0 | $0 |
| 2016 | $1,944 | $82,400 | $0 | $0 |
| 2015 | $1,924 | $82,400 | $0 | $0 |
| 2014 | $1,924 | $82,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $140,000 | -12.4% | $90 / Sq Ft | |
| 06/12/2025 06/12/25 | For Sale | $159,900 | +27.9% | $103 / Sq Ft | |
| 08/25/2023 08/25/23 | Sold | $125,000 | -21.9% | $80 / Sq Ft | View Prior Sale |
| 06/28/2023 06/28/23 | Pending | -- | -- | -- | |
| 10/25/2022 10/25/22 | For Sale | $160,000 | -- | $103 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
MLS Number: 720154
APN: 820-00-10-16050000
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