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About This Home

This 4-bedroom, 2-bathroom single family at 514 2nd Street NW in Independence, IA is listed for $60,000 ($27 per sqft). Built in 1885, the home offers 2,189 sqft of living space on a 0.30 acres lot.

Agent Description

Step into timeless charm with this turn-of-the-century home filled with character and opportunity. You'll love the original hardware, beautiful trim work, and stunning inlay wood flooring that showcase the craftsmanship of 1887. With nearly 2,200 square feet, the possibilities here are truly endless.

The main floor offers three spacious rooms, an area ready for a kitchen, an area for a bathoom, and a large mudroom-providing a flexible layout that could easily accommodate a main-floor primary ensuite. Upstairs, you'll find four bedrooms and a bathroom.

You will appreciate the generously sized primary bedroom filled with abundant natural light and desirable south-facing exposure. Situated on a flat 1/3-acre corner lot, the property also features a 24x22 two-stall detached garage. Enjoy the large front porch-perfect for relaxing and taking in the surroundings.

From the wraparound design and French doors to the preserved architectural details throughout, this home is rich with character and ready for its next chapter. Whether you're looking to restore, invest, or create something truly special-this is an incredible opportunity. Property being sold as-is.

Key Features

  • Built in 1885
  • 0.30 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half
1885

Monthly Cost Estimate

$321/mo

20% down · 6.5% · 30 years

Principal$43
Interest$260
Insurance$18

Estimates only. Actual payments may vary.

Location

514 2nd Street NW

Independence, IA 50644

Property Details

Construction

Frame

Parking

Off Street

Questions & Answers

This 4-bedroom, 2-bathroom single family at 514 2nd Street NW is listed at $60,000 ($27/sqft). The estimated monthly payment is $260 based on 20% down at 6.5% interest.

Key features include: Built in 1885, 0.30 acre lot, 2 stories.

This property is listed by Jami Gordon and can be reached at (319) 350-9476 or sold@jamigordon.com.

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JG

Jami Gordon

Agent at Pinnacle Realty LLC

(319) 350-9476

Listed by Pinnacle Realty LLC

MLS# 2602450· Source: listhub· Updated 3 days ago

Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

514 2nd Street NW, Independence, IA 50644

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