#718029, Jennifer Stover, Listing office: Madison County Realty
$159,900 List price
523 S 2nd St Winterset, IA 50273
5 beds
2 full
1,556 sqft
0.3 acres
$103 / sqft
Multi-Family
Property details
About 523 S 2nd St
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!
Highlights
Home typeDuplex
HeatingBaseboard, Electric
StatusActive
CoolingWindow Unit(s)
Size1,556 sqft
Lot size0.32 Acres
Year built1870
ParkingAttached, Garage, Two Car Garage
MLS #720154
Attached garage2 spaces
Summary
- Full Bathrooms: 2
- Appliances: Refrigerator, Stove
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Garage, Two Car Garage
- Architectural Style: Duplex
- Heating: Baseboard, Electric
- Cooling: Window Unit(s)
- List Price: $159,900
- Price/SqFt: $102
- Annual Tax Amount: $2,578
- Tax Year: 2024
- Directions: Use GPS for driving directions.
- Year Built: 1870
- Living Area: 1,556 SqFt
- Lot Size: 0.32 Acres
- MLS Number: 720154
- MLS Name: DMAAR
- Office Name: LPT Realty, LLC
- Office Phone: (515) 745-0425
- Listing Agent: Benjamin Grotzke
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 5:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $137,900 | $2,578 |
| 2023 | $137,900 | $1,958 |
| 2022 | $85,700 | $1,962 |
| 2021 | $85,700 | $1,802 |
| 2020 | $73,200 | $1,756 |
| 2019 | $66,800 | $1,656 |
| 2017 | $82,400 | $2,146 |
History based on county public records data.
Nearby schools
2
Winterset Elementary
Public District PK-3
0.3 mi
•404 S 2nd Ave
5
Winterset Middle School
Public District 4-6
0.8 mi
•706 W School
5
Interstate 35 Elementary School
Public District PK-5
12.1 mi
•445 East North Street
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,081. The majority of Winterset, IA residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
45%
<35k
47%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
37%
Single, No Kids
12%
Single, with Kids
26%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
34%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Dollar General
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Cracker Barrel
What do the neighbors drive?
Chevrolet
Buick
Ram
What do the neighbors listen to?
Country
Oldies- Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 523 S 2nd St
The listing price of 523 S 2nd St property is $159,900.
The property 523 S 2nd St is a multi located in Winterset, Iowa, 50273.
Active Listing: 523 S 2nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 523 S 2nd St are: Winterset Elementary (GreatSchools Rating 2/10), Winterset Middle School (GreatSchools Rating 5/10), Interstate 35 Elementary School (GreatSchools Rating 5/10), Winterset Junior High (GreatSchools Rating 6/10), Interstate 35 Middle School (GreatSchools Rating 7/10), Earlham Middle School (GreatSchools Rating 3/10), Winterset High School (GreatSchools Rating 6/10), Interstate 35 Secondary School (GreatSchools Rating 5/10), Earlham High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $2,578 (source: MLS/based on county public records data).
The property 523 S 2nd St is 1,556 SqFt (source: MLS/tax record).
The year of construction for 523 S 2nd St is 1870.
This home is located at 523 S 2nd St in Winterset, IA and zip code 50273. This 1,556 square foot home, which was built in 1870, sits on a 0.32 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $159,900.
While more than 4 listings in Winterset, IA in June 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 7 were sold below. In June 2025 in Winterset, IA there were 10.5% less homes for sale than in May. In June 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $251,500.
From Rocket Homes Real Estate and based on county public records data.