401 5th Avenue

Slater, IA
$ 195,000 Beds 2 Baths 1 Sq 968
Monthly Estimate* How much can I afford?

ONE OF THE BEST VALUES IN SLATER—AND UNDER $200K! Located right in the heart of town, this 2-bedroom, 1-bath home offers an incredible combination of updates, space, and affordability. The open floor plan feels bright and welcoming, while newer appliances, windows, roof, gutters and siding mean many of the big-ticket updates are already done. And don’t overlook the large lot—there’s plenty of room to build that oversized dream garage or shop! Move-in ready, packed with potential, and priced to stand out, this is a rare opportunity at this price point in Slater!

Single Family

  • Price
  • $ 195,000
  • City
  • Slater
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • Story
  • Half Bathrooms
  • 0
  • Area
  • Slater
  • Lot Size
  • 0.33 Acres
  • Zip
  • 50244
  • Sqr Footage
  • 968
  • Year Built
  • 1900
  • Taxes
  • $ 3084
  • Style
  • MLS#
  • 748263
Listed By: Realty One Group Impact
Data Source: Des Moines Area AOR (DMAAR)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Des Moines, IA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/29/2026 Listed $195,000

Property vs Zip Code Average in 50244

Price
AVG $360K
$200K
Taxes
AVG $3,795
$3,084
Year Built
AVG 1990
1900

401 5th Avenue Slater, IA is a Single Family Home for sale at $195000 with 968 sqft and a lot size of 0.33 Acres Acre(s). 401 5th Avenue Slater has 2 bedrooms, 1 baths and was built in 1900. The property's zip code is 50244 which is in Slater, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.