634 2nd Street, Traer, IA 50675
Tama County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Two Story
Year Built
1900
Stories
2
Living Area
1,812 sq ft
Lot Size
4,791 sq ft
Zoning
R-1
Days on Market
58
MLS® Listing#
740272
Property Features
Heating
Basement
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$404
Parcel Number
07.10.203.023
Directions
Just across from the Fire Station in Traer Iowa.
Affordability Calculator
$14,800
Estimated monthly payment
$394/mo
Principal $59,200 · Est. interest $82,589 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Traer, IA
- 62
- Median Days on Market
- 1,847
- Median Sq Ft
- $87
- Median Price / Sq Ft
- 16
- Active Listings
- Its price per sq ft is 53% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Traer, IA.
Location
- 634 2nd Street, Traer, IA 50675
Points of Interest in Traer, IA
Showing the Traer area map.
Nearby Schools
North Tama High School
Secondary · 0.4 mi away
Union Middle School
Secondary · 7.8 mi away
Dysart-Geneseo Elementary School
Elementary · 8.0 mi away
Raggedy Ann & Andy Preschool
School · 8.0 mi away
Reinbeck Elementary School
Elementary · 11.0 mi away
Gladbrook-Reinbeck High School
Secondary · 11.1 mi away
GMG Secondary School
Secondary · 12.8 mi away
Gladbrook-Reinbeck Middle School
Elementary · 12.8 mi away
Hudson High School
Secondary · 14.3 mi away
Hudson Community School District
Elementary · 14.4 mi away
South Tama County Middle School
Secondary · 14.9 mi away
Union High School
Secondary · 15.9 mi away
La Porte City Elementary School
Elementary · 16.1 mi away
South Tama County High School
Secondary · 16.2 mi away
South Tama County Elementary School
Elementary · 16.4 mi away
Meskwaki Settlement School
School · 16.8 mi away
Orange Elementary
Elementary · 17.4 mi away
VGM Education
School · 18.7 mi away
Keystone Elementary School
Elementary · 18.9 mi away
Hoover Middle School
Elementary · 19.4 mi away
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EXIT Agents in Traer
Listing Courtesy: EXP Realty, LLC - (515) 782-5174