Iowa homes for sale starting at Fifty Thousand Dollars

$2,300,000 - Iowacity, IA

716 N Dubuque St Iowacity, IA - Rare investment opportunity - 21 room boarding house currently leased to a fraternity, leased through the grand chapter. Tenant is responsible for all maintenance, except for boiler and roof. Boiler was replaced December 2024. Owner is responsible for up to $1,100 in utility expense, unless fully occupied - Currently at full occupancy. There are 6 years left on the 10-year Lease Agreement. Tenants must decide by year-7 if they want to renew for another 5 years at an increased rent rate of $16,500. Considerable notice to show and pre-approval / proof of funds required for showings. Updates completed in 2016: Brava 50-year roof tile installed, new windows, new sprinkler system, new doors and trim.

$2,295,000 - Arnolds Park, IA

333 Hwy 71 N 2B Arnolds Park, IA - Dry Dock Estates is a brand new beautiful complex of private residences located on the shores of West Lake Okoboji. This second floor condo features 5 bedrooms , 3.5 bathrooms and 2,787 sq ft all on one level. The finishes are top of the line: a SubZero fridge, Wolf range, Wolf microwave, Wolf oven, and Asko dishwasher. Each condo has a hoist space. Resort quality amenities include an infinity pool overlooking Smiths Bay, a fitness center, fire pits, an outdoor kitchen, and under ground parking.

$2,295,000 - Ames, IA

2542 Bailey Avenue Ames, IA - This 12,800 SF newly constructed flex/warehouse building that can be divided into 5 separate bays with a minimum size of 2,400 SF per bay. Easy access off I 35 & HWY 30. The bays can be leased or purchased. Please see attached brochures for pricing.

$2,250,000 - Cedar Rapids, IA

4211 Glass Road Ne Cedar Rapids, IA - Located within a serene wooded setting, this property offers a rare opportunity for your business to thrive in an affordable and tranquil environment. The affordability and natural surroundings make it an ideal choice for those seeking a distinctive work atmosphere. The gross lease structure lets you simplify your expenses and provide a professional workspace for your team while enjoying a cost savings. Located just off the corner of Edgewood Rd and 42nd St NE, and less than 1 mile from Highway 100. Also easily accessible from I-380. Zoning: Traditional Mixed Use Limited. Suites A1 and B1-B5 are available for lease.

$2,250,000 - West Des Moines, IA

5094 Grand Ridge Drive West Des Moines, IA - Welcome to 5094 Grand Ridge Drive! Situated on 2 acres and built in 2023, this spacious 5-bedroom, 6-bathroom home offers 5,134 total finished SF, including 2,877 SF of above-grade living space and a fully finished 2,257 SF lower level. The main floor boasts 10' ceilings throughout, with a grand 12' ceiling in the great room, 8' doors, and high-end finishes. The gourmet kitchen features an impressive 11' island, while the oversized laundry room includes a steam closet for ultimate convenience. The primary suite is a true retreat with heated floors and a luxurious en-suite bath. A screened-in deck, dedicated office/sitting room, and a Jack & Jill bathroom with heated floors between the secondary bedrooms complete the main level. The fully finished lower level offers 2 additional bedrooms, a flex room, a full bath, and a half bath, providing ample space for guests or recreation. Car enthusiasts and hobbyists will love the heated garage with epoxy floors and floor drains, plus a separate 1,000 SF detached building with full temperature control, a half bath, an office, and a garage flex space.This exceptional home seamlessly blends modern luxury with practical design all on a breathtaking 2-acre setting. Schedule your private tour today!

$2,247,000 - Davenport, IA

Locust Street Davenport, IA - Transitional Development Land for Sale – 107 Acres M/L in Davenport, Iowa Peoples Company is proud to represent Jim Henzen in the sale of 107 acres m/l located in Scott County, Iowa. This exceptional property sits between Davenport and Blue Grass, just south of Davenport West High School, and offers a diverse investment opportunity suitable for developers, investors, and agricultural producers alike. Currently utilized as a row crop operation, the farm features approximately 107 acres in production and boasts a strong CSR2 of 69.5. The primary soil types include Muscatine and Tama—two of Iowa’s most productive and sought-after soil profiles. The farm benefits from established waterways and is believed to have existing drainage tile (though tile maps are unavailable), enhancing its long-term agricultural performance. In addition to its farming appeal, the property is strategically positioned in the path of growth on the southwest edge of Davenport, making it highly attractive for transitional development or rural residential use. Multiple grain marketing options are located nearby, including the ADM processing plant and several local cooperatives, providing convenient market access. Whether you’re seeking high-quality tillable farmland, a transitional development tract, or future residential acreage, this offering checks all the boxes.

$2,213,722 - Grinnell, IA

503 Lang Creek Avenue Grinnell, IA - Prime development land, ready for you to break ground. Zoned Commercial. Situated within walking distance of two large service stations and two hotels, this commercial lot has a high traffic volume and is visible from Interstate 80! The lot is conveniently located off the Grinnell exit on State Highway 146/West Street S, North of Interstate 80, providing the lot with a desirable business location. This is for the sale of +/- 7.26 acres of Parcel 3533000 per survey at closing.

$2,202,385 - Castana, IA

16606 Nutmeg Ave Castana, IA - We are pleased to present the Elmquist farm listing in Monona County, Iowa. The farm consists of 231.83 +/- taxable acres, located south of Ticonic, Iowa 3 miles. The farm is situated in Section 5 of Kennebec Township. The farm is being offered as a one-tract option. This is a great opportunity for local farmers to expand their current farming operation and give investors the ability to purchase quality farmland acres with added CRP income. 117.93+/- acres currently are in cropland. The cropland is Classified as HEL and NHEL farmland. The farm has a 73 CSR2 weighted average across the entire cropland acres. The farm also offers 101.09 +/- acres of CRP. The annual payment is $30,266. The cropland has an open lease for the 2025 cropland season. This farm offers nearly flat farmland acres and productive soils for productive harvest in the years to come!

$2,200,000 - Chariton, IA

1200 495Th Street Chariton, IA - This is a beautiful home! Driveway is concrete with diamonds and bricks from Boone, Iowa. This property has a 13 acres lake with a boat dock. You also have a large machine shed and a nice hayfield. You can have animals, and you are very close to town. You can have country living with the amenities of living in town. You can watch the 4 of July fireworks from your 4 season porch over looking the beautiful lake you own! Enjoy high school football games but don't like freezing, watch the game on mute on Charitontv and listen to it through your windows. Great Location!!!

$2,200,000 - Ellston, IA

1285 Frontier Road Ellston, IA - STUNNING with 188' of shoreline! Describes this executive?very custom lakefront home at Sun Valley Lake! Every inch of this property showcases custom, high-end finishes and professional design, inside and out! The main level features an attached 2-car garage with heated epoxy floors, a built-in kitchenette, and a secure safe room. Step into the dream kitchen with top-of-the-line appliances and a hidden walk-in pantry. A spacious laundry room with bathroom access, a gorgeous family room with vaulted ceilings and custom blinds, a serene master suite with a luxurious bath, and a versatile second bedroom or craft room with built-ins complete the main floor. Upstairs, you?ll find space designed for fun and family: 2 bedrooms, a custom bunk room with an actual pontoon play feature, and a massive family/game room with a wet bar that is perfect for entertaining! Step outside to enjoy a private enclosed cedar gazebo, lush mature trees, and meticulously landscaped grounds with a rock fountain feature. The second 2-stall detached garage includes a workshop and generous storage that leads to the floating dock system. Spend your days lakeside on the martini deck attached to the double floating dock. This home is as functional as it is stunning, with a large concrete parking area that is as level to flat sloping as the yard. An extremely hard find in a lake home. This doesn?t even begin to cover all the many features of this luxurious home. It is the lifestyle you?ve been dreaming of at Su

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