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Photo 1 of 23 — 307 Prospect Street, Iowa Falls, IA 50126
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307 Prospect Street, Iowa Falls, IA 50126

Hardin County

Key Facts

2Beds
1Baths
624Sq Ft
1950Year Built
0.15Lot (acres)

Description

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

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Ranch

Year Built

1950

Living Area

624 sq ft

Lot Size

0.15 acres

Lot Dimensions

50X131

Days on Market

62

MLS® Listing#

6337907

Property Features

Cooling

Window Unit(s)

Heating

Forced Air

Parking

None

Construction

Wood Siding

Sewer

Public Sewer

Water Source

Public

Rooms

  • Main
  • Bedroom 2Main
  • Dining RoomMain
  • KitchenMain
  • Living RoomMain

Financial Details

Annual Taxes

$548

Tax year 2024

Parcel Number

892018355006

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 Prospect Street. Travel about half a mile along Prospect Street. 307 Prospect Street will be on your righ

Affordability Calculator

$11,980

Estimated monthly payment

$319/mo

Principal $47,920 · Est. interest $66,853 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Iowa Falls, IA

$355,752
Median Listing Price
114
Median Days on Market
1,655
Median Sq Ft
$205
Median Price / Sq Ft
254
Active Listings
  • This home’s price is 83% below the area median.
  • Its price per sq ft is 53% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Iowa Falls, IA.

Location

Map showing the location of 307 Prospect Street, Iowa Falls, IA 50126

Points of Interest in Iowa Falls, IA

Showing the Iowa Falls area map.

Nearby Schools

  • Riverbend Middle School

    Secondary · 0.8 mi away

  • Pineview Elementary

    Elementary · 0.9 mi away

  • Rock Run Elementary School

    Elementary · 0.9 mi away

  • Christian Edu-Care Nursery School

    School · 1.1 mi away

  • Iowa Falls-Alden High School

    Secondary · 1.4 mi away

  • Alden Elementary School

    Elementary · 5.7 mi away

  • The Cougars Den

    Elementary · 11.0 mi away

  • Ackley-Geneva High School

    Secondary · 11.0 mi away

  • Agwsr Community School District

    Elementary · 11.0 mi away

  • South Hardin High School

    Secondary · 13.4 mi away

  • Eldora New Providence Community School

    Elementary · 13.6 mi away

  • The Eldora Children's Center

    School · 13.6 mi away

  • South Hardin Middle School

    Secondary · 14.8 mi away

  • South Side Elementary School

    Elementary · 15.6 mi away

  • Dows Elementary School

    Elementary · 15.9 mi away

  • Timothy Christian School

    School · 16.2 mi away

  • Hubbard-Radcliffe Elementary School

    Elementary · 16.4 mi away

  • North Side Elementary School

    Elementary · 16.5 mi away

  • Hampton - Dumont High School

    Secondary · 16.6 mi away

  • Hampton-Dumont Middle School

    Secondary · 16.6 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
816 Rocksylvania Avenue, Iowa Falls, IA$42,500111,278
717 Depot Street, Iowa Falls, IA$72,500321,260

Moving Cost Estimate

EXIT Agents in Iowa Falls

Listing Courtesy: Jeff Hagel Real Estate - 9525290066

Presented by: Jeffrey Hagel

The information being provided is 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. Listing information provided courtesy of the Heart of Iowa MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by IowaAOR. MLS® Listing#6337907. © 2026EXIT Realty®. All rights reserved.