634 2nd Street

Traer, IA
$ 68,000 Beds 4 Baths 2 Sq 1,812
Monthly Estimate* How much can I afford?

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.

Single Family

  • Price
  • $ 68,000
  • City
  • Traer
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • Tama
  • Half Bathrooms
  • 0
  • Area
  • Tama
  • Lot Size
  • Zip
  • 50675
  • Sqr Footage
  • 1,812
  • Year Built
  • 1900
  • Taxes
  • $ 404
  • Style
  • MLS#
  • 740272
Listed By: EXP Realty, LLC
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

5/11/2026 Listed $80,000
7/8/2026 8% - $74,000
7/27/2026 7% - $69,000
9/3/2026 1% - $68,000

Property vs Zip Code Average in 50675

Price
AVG $210K
$70K
Taxes
AVG $2,523
$404
Year Built
AVG 1936
1900

Areas That We Cover

634 2nd Street Traer, IA is a Single Family Home for sale at $68000 with 1812 sqft and a lot size of Acre(s). 634 2nd Street Traer has 4 bedrooms, 2 baths and was built in 1900. The property's zip code is 50675 which is in Traer, 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.

Your Agent
Jenifer Beard

Jenifer Beard

515-373-8854

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