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
104 days
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299
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17
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Zillow last checked:
Listing updated:
Listed by:
Jeffrey Hagel855-695-5603,
Jeff Hagel Real Estate
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6337907
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Bedroom 2
Level: Main
Other
Level: Main
Dining room
Level: Main
Kitchen
Level: Main
Living room
Level: Main
Heating
Forced Air
Cooling
Window Unit(s)
Features
Basement: Full
Interior area
Total interior livable area: 624 sqft
Property
Parking
Parking features: None
Accessibility
Accessibility features: None
Lot
Size: 6,534 Square Feet
Dimensions: 50 x 131
Details
Parcel number: 892018355006
Construction
Type & style
Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence
Materials
Wood Siding
Condition
Year built: 1950
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
HOA
Has HOA: No
Location
Region: Iowa Falls
Financial & listing details
Price per square foot: $96/sqft
Tax assessed value: $31,300
Annual tax amount: $548
Date on market: 5/4/2026
Cumulative days on market: 105 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/3/2026
Price change
$59,900-7.7%$96/sqft
Source: NoCoast MLS as distributed by MLS GRID #6337907Report a problem
6/3/2026
Price change
$64,900-3.9%$104/sqft
Source: NoCoast MLS as distributed by MLS GRID #6337907Report a problem
5/19/2026
Price change
$67,500-2.9%$108/sqft
Source: NoCoast MLS as distributed by MLS GRID #6337907Report a problem
5/4/2026
Listed for sale
$69,500+363.3%$111/sqft
Source: NoCoast MLS as distributed by MLS GRID #6337907Report a problem