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4 Beds
1 Bath
1,219 sqft

$55,000

206 W 2ND ST, Calumet IA, 51009

Price per sqft$45.12
Built in1900
Property size1,219 sqft
Property typeResidential

Overview

Active

Listed Jul 18, 2026

Updated Jul 21

Looking for an affordable opportunity to become a homeowner while building equity? This 4-bedroom, 1 bath home at 206 W. Second St. in Calumet offers plenty of potential for the buyer who isn't afraid to roll up their sleeves. Situated directly across from the city park, this property provides a fantastic location with easy access to green space, playgrounds, and outdoor recreation. Inside, you'll find a functional layout with four bedrooms, one full bathroom, and convenient main-floor laundry hookups. The home has already seen some improvements, including newer siding, giving you a solid head start on bringing this property back to life. While it does need a new roof and furnace, this is reflected in the opportunity it presents. With the right vision and updates, this could become a wonderful home or a smart investment. Recently returned to the bank, this property offers buyers the chance to purchase at an attractive price point and create value through improvements rather than paying for someone else's renovations. If you've been searching for an affordable way to enter the housing market or add to your investment portfolio, this could be the project you've been waiting for. Bring your ideas, make it your own, and enjoy the rewards of building equity from the ground up.

$366/mo

Est. mortgage payment based on a $55,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
833866

Interior Features

Bedrooms
4
Bathrooms
1
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$414
Tax Frequency
Annually

Listed by Rusty Rasmus with Rasmus Realty & Auction
Listing Contact: 712-261-1965 

Based on information from Northwest Iowa Regional Board of REALTORS. as of 7/21/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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