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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 Erika Hansen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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