307 Prospect Street

Iowa Falls, IA
$ 59,900 Beds 2 Baths 1 Sq 624
Monthly Estimate* How much can I afford?

Welcome to 307 Prospect St, a rare opportunity that balances high-yield potential with the pride of homeownership. Strategically priced for a clean, efficient sale, this property is being sold strictly in As-Is condition, perfect for the buyer looking for instant equity or a plug-and-play investment. Inside, you’ll find a clean, functional layout. For the homeowner, it’s a move-in-ready sanctuary with 2 beds & 1 bath. For the investor, this property is a 'cash-flow' machine, previously commanding a market-strong rent of $850 per month with a proven payment history. Located just minutes from the historic Swinging Bridge, this home combines small-town charm with modern reliability. Whether you are looking to escape the rent cycle or expand your Midwest holdings, this property is ready for its next chapter. Property is being sold as-is. Seller is looking for a straightforward transaction, don’t miss your chance to own a piece of Iowa Falls, schedule your tour toda

Active

  • Price
  • $ 59,900
  • City
  • Iowa Falls
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • HARDIN
  • Half Bathrooms
  • 0
  • Area
  • Hardin
  • Lot Size
  • 0.15 Acres
  • Zip
  • 50126
  • Sqr Footage
  • 624
  • Year Built
  • 1950
  • Taxes
  • $ 548
  • Style
  • Ranch
  • MLS#
  • 6337907
Listed By: Jeff Hagel Real Estate
Data Source: Iowa Association of REALTORS®

Features

General

Sewer City Sewer/Connected
Heating Forced Air
Cooling Window Unit(s)
Architectural Style Ranch
Construction Materials Wood Siding
Year Built 1950
Property Subtype Single Family Residence
Tax Year 2024
Accessibility None
County Hardin
Property Type Residential
Contingency None
Full Baths 1
Status Active
Directions Begin heading toward Prospect Street,following the main road in the direction of downtown. Continue straight for about half a mile until you see the intersection with Prospect Street. Turn onto Prosp
Lot Size Units Acres
Lot Size Square Feet 6534
Tax Annual Amount 548
Living Area Units Square Feet
Standard Status Active
PostalCity Iowa Falls
Legal Description BLOCK 6,ELLSWORTH & JONES PK,IOWA FALLS E&J PK-BLOCK 6 LOT 2

Interior Features

Basement Full
Total Bedrooms 2
Total Baths 1

Exterior Features

Parking Features None
Water Source Public
Lot Dimensions 50X131
Lot Size Acres 0.15

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
Adjust Payment Options
Agent Photo

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

5/4/2026 Listed $69,500
5/19/2026 3% - $67,500
6/3/2026 4% - $64,900
7/3/2026 8% - $59,900

Property vs Zip Code Average in 50126

Price
AVG $230K
$60K
Taxes
AVG $2,444
$548
Year Built
AVG 1953
1950
Visits
AVG 6
3
Data Provided by Inside Real Estate®

307 Prospect Street Iowa Falls, IA is a Single Family Home for sale at $59900 with 624 sqft and a lot size of 0.15 Acres Acre(s). 307 Prospect Street Iowa Falls has 2 bedrooms, 1 baths and was built in 1950. The property's zip code is 50126 which is in Iowa Falls, 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.