Moutlon Real Estate | Moutlon Properties under $200,000 for Sale

This home is an excellent investment opportunity for fix and flip, a great rental property, or make it your own. Some repairs are needed, but the price certainly reflects that. The home sits on a great corner lot, in an excellent location, and offers instant equity. Call today on this great opportunity!

407 N Trussell Ave, Moravia

Listing courtesy of McCord Insurance & Real Estate.

$20,000

2 Beds ⋅ 1 Baths ⋅ 6343817 MLS

Investor special! This 2-bedroom, 1-bath fixer-upper offers plenty of potential for your next investment project. Featuring original hardwood floors and situated on a corner lot, this property is ready for renovation and a fresh vision. Located near Lake Rathbun, it could be an opportunity for a rental property, vacation getaway, or resale project. Bring your contractor and explore the possibilities this property has to offer. Sold as a fixer-upper with potential for the right investor!

301 W Main St, Rathbun

Listing courtesy of Hawkins Realty.

$78,000

1 Beds ⋅ 1 Baths ⋅ 6343666 MLS

Check out this charming and spacious 1-bedroom, 1-bath home offering approximately 800 sq. ft. of comfortable living space! The inviting layout features an open kitchen and living room, main-floor laundry, and a back porch. Situated on a corner lot, this property also offers a fenced-in yard, a very nice storage building, and plenty of room to add a carport or build a garage. Conveniently located near downtown Centerville and local businesses, this affordable property is perfect for downsizing, first-time homebuyers, or investors. This home is absolutely darling and full of possibilities! Schedule your showing soon and discover why this little gem feels like HOME SWEET HOME!

319 E Orchard St, Centerville

Listing courtesy of Real McCoy Realty LLC.

$64,900

5 Beds ⋅ 2 Baths ⋅ 6343663 MLS

UNIQUE OPPORTUNITY IN CENTERVILLE! Looking for space and possibilities? Check out 1100 S Main Street! This spacious 2-story property offers approximately 1,920 sq. ft., 5 bedrooms, and 2 bathrooms. Use it as a home or explore its apartment-style duplex potential! NEW ROOF OFFER! With a full price offer, the sellers will install a new asphalt roof, and YOU get to choose the shingle color! Convenient location near schools and downtown Centerville! A blank canvas ready for YOUR vision! Call today to schedule your showing and discover the possibilities!

1100 S Main, Centerville

Listing courtesy of Real McCoy Realty LLC.

$29,900

1 Beds ⋅ 1 Baths ⋅ 6343603 MLS

806 Square foot 1-bedroom home with fenced back yard. The back fence adjoins the property located at 820 S 20th and each owner to the property will be responsible for their own portion of the fence. The owner is selling this home with all appliances and shelving on a Quit Claim Deed and "AS IS". Seller also selling 820 S 20th w/additional lot so can buy both properties for $60k.

822 S 20th, Centerville

Listing courtesy of RE/MAX Pride Oskaloosa.

$32,500

2 Beds ⋅ 1 Baths ⋅ 6343601 MLS

2-bedroom home with fenced in back yard. There are two lots selling with this property. The home hasn't been lived in for quite some time. You can buy and put your spin on this 806 square foot bungalow. The galvanized roof was installed December of 2022. The home has a metal shed for additional storage. This home will sell on a Quit Claim Deed "AS IS". Currently the gas, electric and water are not hooked up. The back yard fenced is connected with 822 S 20th. Each owner will be responsible for their own part of fence. Seller also selling 822 S 20th both listings can be bought for $60k.

820 S 20th, Centerville

Listing courtesy of RE/MAX Pride Oskaloosa.

$64,000

1 Beds ⋅ 1 Baths ⋅ 6343544 MLS

Embrace the opportunity to own an acre in a favorable location, to give room to your imagination, a small hobby farm, a greenhouse, you name it , its waiting for you .Enhancements include a fenced backyard, a 12 by 20 cabin, a 2 car insulated and heated detached garage,bring your belongings and get started!

402 E 2nd St S Ave S, Exline

Listing courtesy of EXP Realty, LLC.

$9,999

6343473 MLS

Lot available in Centerville. This 75x200 lot is ready for your imagination & possibilities with water & electric at the road.

611 N Main St, Centerville

Listing courtesy of Bogle Realty LLC.

$164,900

3 Beds ⋅ 1 Baths ⋅ 6343348 MLS

Horse lovers, hobby farmers, and those looking for a little extra room to roam will want to look at this 3-bedroom, 1-bath property situated on 2.87 acres just outside the Centerville city limits. Enjoy the peace and space of the country while remaining just a short distance from local amenities. Numerous major updates have already been completed, including a newer roof, septic system, high-efficiency heat/air pump with smart controls, hot water heater, and triple-pane glass windows. The kitchen features a large bay window that brings in plenty of natural light. The property is fenced for horses and dogs and includes an automatic, frost-free livestock/horse waterer, making it well suited for equestrian use or other small livestock. A sizable barn and additional shed provide valuable storage and workspace. Many of the high-dollar improvements have already been taken care of, giving the next owner a solid foundation to make the remaining minor repairs and cosmetic touches their own. Whether you're looking for a small acreage, a place for your horses, or a property with room to personalize, this one offers plenty of potential in a convenient location just outside Centerville.

23823 Dewey Rd, Centerville

Listing courtesy of Hometown Realty.

$69,999

6343034 MLS

Motivated Sellers!!!! Located directly on the town square, this approximately 1,800 sq. ft. commercial office property offers excellent visibility and a convenient downtown location. The space provides a versatile layout that could accommodate a variety of professional office, service, or business uses. Recent updates include a newer roof, heating and air conditioning system, water heater, and doors, providing several important improvements for the next owner. With its central location and established downtown presence, this property offers an opportunity to own commercial space in the heart of town. Whether you’re looking for a location for your own business or an investment property, this space is ready for its next chapter.

308 N 12th St, Centerville

Listing courtesy of Hawkins Realty.

$39,000

2 Beds ⋅ 1 Baths ⋅ 6342813 MLS

Great opportunity in a small town setting! This 2-bedroom, 1 bath home features a huge yard and a handy storage shed. With a little TLC, this property has tons of potential, perfect for a starter home, investment property, or your next renovation project!

106 N Maple, Cincinnati

Listing courtesy of Bogle Realty LLC.

$61,000

1 Beds ⋅ 1 Baths ⋅ 6342760 MLS

Cute, Updated Bungalow with Large Detached Garage! If you're looking for an affordable, move-in-ready home with plenty of garage space, take a look at 704 S 20th St in Centerville! This charming bungalow has had numerous updates, including a fully remodeled kitchen in 2026, new hot water heater in 2026, a new front deck and stairs in 2026, and a new dishwasher in 2025. The bathroom was remodeled in 2020, and the roof was replaced approximately 10 years ago. Additional attic insulation has also been added. The home offers a comfortable layout with all appliances included, making the move-in process even easier. Outside, you'll appreciate the large detached two-car garage, providing excellent space for vehicles, storage, hobbies, or recreational equipment, as well as a garden shed. While the property is being sold as-is, many important improvements have already been completed, making this a great opportunity for someone looking for a home that is ready to enjoy. A cute bungalow, valuable updates, and a great garage — this one is worth a look!

704 S 20th St, Centerville

Listing courtesy of Iowa Realty South Lakes.

$126,000

2 Beds ⋅ 1 Baths ⋅ 6342731 MLS

Welcome to this cute and inviting home located just off the square in Moravia! This charming property offers a convenient location and a cozy layout. The home features an open-concept living and dining area, creating a comfortable space for everyday living. There are two bedrooms, one of which is a nonconforming bedroom that could also be used as an office, hobby room, or additional flexible space, along with one full bathroom. Enjoy your morning coffee or unwind at the end of the day on the comfortable front porch. An attached two-stall garage provides convenient parking and additional storage. With its great location just off the square and its cozy character, this home is ready for its next owner!

110 S John St, Moravia

Listing courtesy of Century 21 Signature Real Estate (M).

$89,900

2 Beds ⋅ 1 Baths ⋅ 6342525 MLS

This cute, freshly remodeled home is the perfect starter home or retirement retreat! Adorable, efficient, and ready to enjoy, this home sits on a large, beautiful flat yard with plenty of room to add a shop or garage in the future. Affordable, charming, and full of possibilities. This one is a must see!

405 E Pleasant, Cincinnati

Listing courtesy of Bogle Realty LLC.

$198,000

3 Beds ⋅ 3 Baths ⋅ 6342523 MLS

Country Setting, Spacious Home & Room to Make It Your Own! Enjoy the space and privacy of 1.24 acres with this 3-bedroom, 3-bath home located on Rock Valley Road in Centerville. Built in 1972, this well-established property offers the character and solid layout of its era, along with plenty of opportunity for today's buyer to add their own personal style and updates. With three bedrooms and three bathrooms, there is room for family, guests, hobbies, and everyday living. The generous 1.24-acre lot provides plenty of space to enjoy the outdoors, garden, entertain, or simply relax and take in the peaceful country setting. If you've been looking for a property where you can build equity and create a home that truly reflects your taste, this could be the opportunity you've been waiting for. The existing home provides a great foundation, while the acreage offers something that's increasingly hard to find—space and privacy close to Centerville. Bring your vision and discover the possibilities at 1316 Rock Valley Road!

1316 Rock Valley Rd, Centerville

Listing courtesy of Key Real Estate Agency.

$12,000

6342483 MLS

Build Your Dream Home on 0.65 Acres m/l! Bring your vision to life! This unique opportunity features four lots totaling approximately 0.65 acres m/l, offering plenty of room to build the home you've always wanted. Situated in a quiet small-town setting, this property provides the perfect combination of peaceful surroundings, space, and convenience. Also has many mature walnut trees. With ample room for a home, garage, shop, and outdoor living space, you can design the property to fit your lifestyle. Utilities and water are available at the road, providing a great starting point for your future building plans. Enjoy the charm and slower pace of small-town living while having plenty of space to spread out and make this property your own. Whether you're planning your forever home, a weekend retreat, or simply looking for a spacious building site, this property is ready for your ideas! Don't miss this opportunity to secure your own piece of small-town charm and start building the property you've been dreaming about.

202 E 5th St, Moulton

Listing courtesy of Bogle Realty LLC.

$74,900

3 Beds ⋅ 2 Baths ⋅ 6342235 MLS

Property is being sold in as-is condition. Seller to make no repairs. Please plan to show during daylight hours. No electricity is on.

828 Drake Ave, Centerville

Listing courtesy of Bogle Realty LLC.

$90,000

6342173 MLS

Price Improvement! Turn-Key Business Opportunity in Downtown Centerville! Great opportunity to own a Bar, it's currently known as "My Place Party Lounge" and it's located just one-half block from Centerville’s largest Square. This established business features a 1,600 sq. ft. building, 45-foot bar, ample seating, TVs for watching, stage for live music, pool table, and drink service. This Bar is known for it's great housekeeping of being kept clean and friendly atmosphere. The versatile space offers endless possibilities—continue the successful bar operation or transform it into retail, office space, or another business concept. Great downtown location with on-street parking and close to local businesses. Come take a look and imagine the possibilities!

301 W State, Centerville

Listing courtesy of Real McCoy Realty LLC.

$159,000

2 Beds ⋅ 2 Baths ⋅ 6342149 MLS

Step into the timeless charm of this 1932 brick ranch, offering 1,105 square feet of comfortable main-level living plus a partially finished basement, and tuck-under garage. The inviting open-concept layout creates an easy flow between the living and dining areas, while classic arched doorways add character you simply don't find in newer homes. The main level features 2 bedrooms, with an additional bonus room that could serve as a third non-conforming bedroom, home office, hobby room, or flex space, with plenty of natural light. The kitchen provides both gas or electric ready for a new stove. The dry basement provides even more versatility with two additional non-conforming bedrooms, and full bathroom with laundry hook-up. Recent updates include new flooring and fresh paint, making the home feel clean and move-in ready while preserving its original character. Newer windows, solid brick exterior and thick insulation in attic (R40 to R50) provide excellent sound insulation, creating a surprisingly quiet and peaceful interior. Window treatments are included. Outside, the property offers a substantial concrete driveway, an anchored retaining wall for added stability, and fenced in backyard that backs to the City Park. If you're looking for a home with 1930s character, flexible living space, solid brick construction, and thoughtful updates, this one is worth a look!

514 W Maple St, Centerville

Listing courtesy of Iowa Realty South Lakes.

$35,000

6342008 MLS

Situated on just over half an acre in Cincinnati, Iowa, this property offers plenty of space and possibilities! The lot features both a 3-car garage AND an additional oversized garage, providing an abundance of room for vehicles, equipment, storage, a workshop, or all your extra toys. With utilities already on the property, there are plenty of options for future use. Whether you're looking for exceptional garage space, room for hobbies and projects, or a property with potential to make your own, this one has a lot to offer. Two garages, over half an acre, utilities on lot, and tons of possibilities, come take a look!

103 N Forest, Cincinnati

Listing courtesy of Bogle Realty LLC.

$149,000

4 Beds ⋅ 3 Baths ⋅ 6341998 MLS

Historic Elegance & Extraordinary Character in this 1872 Italianate Residence! Step back in time while enjoying the opportunity to make this remarkable piece of history your own. From the moment you arrive, the grand curved front porch, ornate white architectural detailing, expansive upper balcony and distinctive bracketed cornice make an unforgettable impression. Sitting on nearly an acre, this property includes a detached carriage-style garage 3 sheds, and an old-fashioned merry-go-round in the back yard! Extensive landscaping is waiting to be revived! Inside, the historic character continues throughout. The first floor consists of 4 large rooms, kitchen, bath, pantry, and storage room. Soaring 10-foot doors with transom windows, original hardwood floors, fireplaces, and substantial wood trim showcase the quality of construction from another era. The grand staircase features an impressive turned newel post, detailed balusters and a sweeping wood handrail. The four bedrooms upstairs feature richly figured burl maple trim, while original built-in cabinetry in closets and two bathrooms provides both beauty and functionality. Fifth room currently used as a walk-in closet with laundry. If you've always dreamed of owning a historic home you can renovate, this is the one!

409 E Washington St, Centerville

Listing courtesy of Iowa Realty South Lakes.

$125,000

3 Beds ⋅ 2 Baths ⋅ 6341992 MLS

This 3-bedroom, 2-bathroom home has undergone extensive remodeling and improvements, with the seller continuing to make updates that will be completed by closing. The home offers a comfortable layout, a spacious primary suite, and great outdoor living space. The large primary suite features an attached private bathroom, creating a comfortable retreat within the home. The additional bedrooms provide plenty of space for family, guests, an office, or whatever best fits your needs. Major improvements include updated electrical and plumbing, a remodeled bathroom, the addition of a primary suite, new flooring in select areas, and reinforced basement walls using Nolan Engineering wall straps. The seller is continuing to complete additional updates and finishing work, with improvements to be completed prior to closing. Outside, the large back deck is a standout feature and the perfect spot for an outdoor hangout. A grill and refrigerator are already in place on the deck, making outdoor gatherings even more convenient. The spacious backyard offers plenty of room to enjoy, while an attached storage shed and an additional backyard storage shed provide ample storage. With extensive remodeling already completed, continued updates underway, and improvements to be completed by closing, this 3-bedroom, 2-bathroom home offers a great opportunity.

1608 S 17th St, Centerville

Listing courtesy of Bogle Realty LLC.

$120,000

6341700 MLS

Prime commercial property on N 18th Street in Centerville! This highly visible location offers excellent potential for retail, professional office space, service based businesses, investment use, and more. Convenient access and a strong commercial setting make this a great place to establish, relocate, or expand your business. Prime location. Great visibility. Endless potential. All inventory, furnishings and personal property are excluded.

1014 N 18th St, Centerville

Listing courtesy of Bogle Realty LLC.

$9,800

3 Beds ⋅ 1 Baths ⋅ 6341589 MLS

This property is an excellent investment opportunity for fix and flip, rental, or make it your own. The good solid bones and sensible floor plan make this one a sure winner. Some repairs and updates are needed, but the upside here is huge. Call today, there's no prize for second!

813 S 16th St, Centerville

Listing courtesy of McCord Insurance & Real Estate.

$69,900

2 Beds ⋅ 1 Baths ⋅ 6341588 MLS

2-bedroom, 1-bathroom home situated on a spacious .33-acre corner lot in Moulton, Iowa. This property offers a comfortable layout, a generous yard, and plenty of outdoor space to enjoy. The home features two bedrooms and one full bathroom, making it an ideal option for a first-time buyer, downsizing, investment property, or anyone looking for a manageable home with room to enjoy. Located on a corner lot, the property provides additional yard space and flexibility for outdoor living, gardening, recreation, or future improvements. The offers plenty of outdoor living while still providing the convenience of living in Moulton.

312 E 4th St, Moulton

Listing courtesy of Bogle Realty LLC.

$124,900

2 Beds ⋅ 1 Baths ⋅ 6341576 MLS

Welcome to this adorable and affordable 2-bedroom, 1-bath home in Cincinnati, Iowa! Situated on approximately ½ acre on a quiet street, this property offers a spacious yard along with a detached garage, garden shed, and chicken coop. This home has been lovingly updated and cared for, including a new HVAC in 2023, new washer & dryer (2023), new carpet (2023), remodeled laundry room and living room (2023), remodeled bedrooms (2024), and a new water heater (2024). The kitchen features beautiful Amish custom-built cabinets, adding a special touch of quality and character. Gravel was also added in 2026. With plenty of outdoor space, great extras, and thoughtful updates throughout, you can truly see the labor of love that has gone into making this house a wonderful home. Come take a look and be prepared to fall in love with the charm and see the care for yourself! The Listing Agent is related to the Seller.

302 N Liberty, Cincinnati

Listing courtesy of Real McCoy Realty LLC.

$45,000

2 Beds ⋅ 1 Baths ⋅ 6341548 MLS

Welcome to 520 N Park Ave in Centerville, Iowa! This property offers a great opportunity in a convenient location close to local amenities, schools, shopping, dining, and community attractions. Whether you’re looking for a place to call home, or a property with potential, this location is worth a look. Schedule your showing today!

520 N Park Ave, Centerville

Listing courtesy of Bogle Realty LLC.

$172,000

3 Beds ⋅ 2 Baths ⋅ 6341384 MLS

Updated 3-Bedroom home with Fenced Yard & Deck in Centerville. Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,568sq ft of comfortable living space and thoughtful updates throughout. Step inside to a bright, open layout with modern finishes and a warm, inviting feel—perfect for everyday living or entertaining. Enjoy peace of mind knowing many major updates have already been completed, including new siding, doors, fence, and shed in 2024 , roof replaced in 2020, HVAC and furnace updated in 2019, and a new water heater in 2023. The fully fenced backyard is ideal for pets, play, or gatherings and features a spacious deck with convenient access to the basement—adding both function and flexibility to outdoor living. Located in Centerville, this move-in-ready home offers space, updates, and value you won’t want to miss. Stove, fridge,dishwasher, microwave, kitchen table, and shed are included.

1112 S 16th St, Centerville

Listing courtesy of Hawkins Realty.

$112,100

4 Beds ⋅ 1 Baths ⋅ 6341198 MLS

Welcome home to this charming Four bedroom, one Bathroom home in a nice friendly neighborhood. Being sold as is. Cash or conventional financing only.

910 S 15th St, Centerville

Listing courtesy of EXIT Realty & Associates.

$50,000

6341123 MLS

Discover the perfect place to build your dream home or lake getaway on 0.34 acres in the Antler Acres subdivision at Rathbun Lake. Tucked away toward the end of a quiet cul-de-sac, this exceptional property offers the privacy you've been looking for, with Corps of Engineers land bordering the backyard—meaning you'll never have backyard neighbors. Instead, enjoy peaceful views of mature timber stretching to the water's edge. With ample space to build your home, this land is ideal for building a home with a walk-out basement. Add an upper deck and lower patio to enjoy the natural beauty and seclusion that make Rathbun Lake so special. Conveniently located just minutes from the lake's largest boat ramp, Honey Creek State Park, scenic hiking and biking trails, and local favorites like The Tipsy Turtle and The Mexican Affair. Spend the day golfing at The Preserve on Rathbun Lake or enjoy dining at Harbor 72 at Honey Creek Resort. Whether you're planning a full-time residence, vacation retreat, or investment property, this is an outstanding opportunity to own one of the area's most desirable building sites.

Lot 57 & 1/2 58 Buck Lane, Moravia

Listing courtesy of Iowa Realty South Lakes.

$96,000

6341049 MLS

Discover the rare opportunity to own 15.91 acres of mature timber located within the city limits of Centerville, Iowa. This beautiful wooded property offers the perfect combination of privacy, natural beauty, and convenience, making it an ideal location for your dream home, recreational retreat, or investment. The property features a diverse stand of mature hardwoods, rolling terrain, and abundant wildlife, creating a peaceful setting just minutes from schools, shopping, and downtown Centerville. Multiple potential building sites provide the opportunity to construct a home nestled among the trees while maintaining easy access to city utilities and amenities. Whether you're looking for a secluded homesite, a bow hunting property close to town, or a long-term investment, this unique acreage offers endless possibilities. Enjoy the serenity of country living with the convenience of city access—a combination that's increasingly hard to find.

1501 N 14th St, Centerville

Listing courtesy of Bogle Realty LLC.

$15,000

6340955 MLS

Show anytime. Adjoining Lot 37 is also available for purchase.

Lot 38 Parkside Knolls, Moravia

Listing courtesy of Bogle Realty LLC.

$15,000

6340954 MLS

Build your dream home at beautiful Rathbun Lake! This spacious lot in the desirable Parkside Knolls subdivision offers the perfect opportunity to create your ideal lake getaway or year round residence. Enjoy the peaceful surroundings while being just minutes from all the recreation Rathbun Lake has to offer, including boating, fishing, swimming, golfing, hiking, and more. Need additional space? The adjoining lot is also available for purchase, giving you the opportunity to expand your building site for added privacy and flexibility. Don't miss your chance to own a piece of lake country, come experience the Rathbun Lake lifestyle and start building your dream today!

Lot 37 Parkside Knolls, Moravia

Listing courtesy of Bogle Realty LLC.

$149,900

3 Beds ⋅ 1 Baths ⋅ 6340829 MLS

Great corner lot home. 3-bedroom, 1 bath home, that consists of 1469 sq feet, 1 attached garage. Items in home reserved for family members other appliances being sold with property. Listing agent has a "LE" ownership to the property and is the daughter to the owner. Property being sold "AS IS" due to the owner's situation.

416 Sawyers Ct, Centerville

Listing courtesy of RE/MAX Pride Oskaloosa.

$99,900

6340748 MLS

Prime commercial opportunity on the highly visible southeast corner of Centerville's historic town square! This well-maintained building offers approx. 2,000 sq. ft. of versatile main-level space, ideal for retail, office, restaurant, café, bakery, salon, boutique, or countless other business opportunities. Currently operating as a fully licensed, full-service restaurant, the seller intends to include the dining tables, chairs, two stoves, a three-compartment sink, and the other attached items, providing an excellent foundation for your next venture. The upper level features an approximately 800 sq. ft. apartment with new front windows, a separate electric meter, and new electric baseboard heaters ready for installation. Most of the renovation materials needed to complete the apartment have already been purchased and will remain with the property, offering an excellent opportunity to create additional rental income or comfortable owner-occupied living space. Whether you're looking to launch a new business, expand an existing one, or invest in a mixed-use downtown property, this building offers exceptional visibility, flexibility, and income potential. The property is being sold AS-IS; additional business equipment is negotiable with an acceptable offer. The seller will consider owner financing for qualified buyers, making this an even more attractive investment opportunity. Schedule your private showing today and discover the possibilities this downtown property has to offer.

207 N 13th St, Centerville

Listing courtesy of Hometown Realty.

$179,000

6340496 MLS

INVESTMENT PROPERTY!!!! Live in a nearly new 2023 Champion home while generating rental income! This unique property features eight total manufactured home hookups, two established lot-rent tenants, four additional income-producing sites ready for expansion, plus an additional mobile home included in the sale. Whether you're looking for a home with supplemental income or a turnkey investment opportunity, this property offers excellent upside potential.

208 W Washington St, Moulton

Listing courtesy of Iowa Realty South Lakes.

$134,500

6340358 MLS

Historic Commercial Opportunity on the Centerville Square! Here's your chance to own one of Centerville's iconic downtown buildings! Formerly known as the US Cellular Building—and remembered by many locals as the Cosby Building—this impressive three-story commercial property offers approximately 7,000 square feet of endless possibilities. The main level features approximately 3,000 square feet of retail, office, or professional business space, making it ideal for entrepreneurs, investors, or business owners looking for a prime downtown location. Recent updates include newer windows and a newer furnace, providing a solid foundation for your vision. The building also offers abundant storage throughout. One of the few three-story buildings on the Centerville Historic Square, this property presents an outstanding opportunity for redevelopment. The upper floors could be transformed into loft-style apartments, short-term rentals, office suites, or additional commercial space (subject to local zoning and approvals), creating multiple income opportunities. Whether you're looking to establish your business, expand your investment portfolio, or restore a piece of Centerville history, this property is full of potential. Investment opportunities like this don't come along often—don't let this one pass you by! Schedule your private showing today and imagine the possibilities.

300 N 12th St, Centerville

Listing courtesy of Bogle Realty LLC.

$119,000

2 Beds ⋅ 1 Baths ⋅ 6340337 MLS

Reduced! Small-Town with country feeling awaits in Exline, Iowa! Looking for a place where you can slow down, spread out, and enjoy the simple things in life? So much character in this 2-bedroom, 1-bath home in the quaint community. Two detached garages with plenty of room for vehicles, hobbies, or storage. A spacious yard with endless possibilities, including room for a massive garden, outdoor entertaining, or simply enjoying the peaceful Southern Iowa countryside. A warm and inviting kitchen that's thoughtfully laid out with plenty of space for cooking, meal prep, and gathering around the table with family and friends. This home is being sold AS-IS and ready for you to make it your own! Call for a showing soon.

111 E Grand, Exline

Listing courtesy of Real McCoy Realty LLC.

$110,000

3 Beds ⋅ 2 Baths ⋅ 6340259 MLS

Structurally sound 3 bedroom, 2 bath ranch home offering comfort, convenience, and endless potential. Featuring an attached two car garage and a functional floor plan, this home is ready for its next owner to make it their own. Located close to the city park, schools, and shopping, you'll enjoy easy access to everything you need while still feeling right at home in a welcoming neighborhood. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this property offers exceptional value and a fantastic location. This home is the perfect opportunity to add your personal touches and build equity. Schedule your private showing today and see all the possibilities this home has to offer!

311 W Prairie St, Centerville

Listing courtesy of Bogle Realty LLC.

$112,500

6340178 MLS

This Appanoose County property is an outstanding opportunity for a first-time landowner or someone looking to add a high-quality satellite hunting tract to their portfolio. Consisting of 10 mostly wooded acres, the property features approximately a one-acre opening near the hard-surfaced road that is currently established as a food plot. While this would make an excellent building site or country acreage, don't let the size fool you. There are a lot of features packed into these 10 acres that make it an exceptional hunting property. As you enter the farm, you'll immediately notice the one-acre food plot. What makes this plot especially effective is the way it was designed. The brush and trees that were cleared were strategically piled along the west side, forcing deer to enter around the northwest corner & pass through a narrow gate opening before stepping into the food plot. This creates a natural travel funnel that offers excellent stand opportunities. The timber consists primarily of mature white oak, red oak, & several species of hickory. Two prominent ridge tops form a U-shaped layout, providing additional opportunities to expand the existing food plot or establish multiple other plots. What truly sets this farm apart is its location. Although it consists of only 10 acres, it sits in the middle of a neighborhood containing hundreds of acres of quality timber. With very few nearby food sources, this property becomes a natural destination for deer traveling through.

Tbd J3t Hwy, Unionville

Listing courtesy of Whitetail Properties Real Estate, LLC.

$94,000

3 Beds ⋅ 1 Baths ⋅ 6340006 MLS

Step into this thoughtfully updated 3-bedroom, 1-bath home offering 1,346 square feet of comfortable living in a quiet corner-lot neighborhood. Built in 1914, this home blends classic character with important modern improvements buyers appreciates. Recent updates include a durable metal roof, newer furnace and water heater, new flooring in the bedrooms, and fresh paint throughout, creating a clean, move-in-ready feel. The functional layout provides flexible living space, while the corner lot offers added privacy and curb appeal. Monthly Electric Average is: $28.00 Monthly Gas Average is: $ 45.26 Whether you’re a first-time buyer, downsizing, or looking for a solid investment, this home offers peace of mind with major updates already completed and room to make it your own. Schedule your showing and see the value this home has to offer.

414 E Sheridan Ave, Centerville

Listing courtesy of Hawkins Realty.

$69,500

3 Beds ⋅ 1 Baths ⋅ 6339999 MLS

Welcome to 1810 Drake Avenue in Centerville! This 3-bedroom, 1-bath home offers solid bones and plenty of potential for the right buyer. Inside, you’ll find a functional layout with comfortable living space and three bedrooms ready to make your own. Outside, the property features a large, fenced yard, perfect for pets, gardening, or outdoor entertaining, along with a convenient carport for covered parking. While the home could benefit from a little TLC, it provides a great opportunity for first-time buyers, investors, or anyone looking to build equity. With a little vision and personal touch, this property could truly shine. Monthly Electric Average is: $143.70 Monthly Gas Average is: $50.47

1810 Drake Ave, Centerville

Listing courtesy of Hawkins Realty.

$44,000

4 Beds ⋅ 1 Baths ⋅ 6339976 MLS

Property being sold "AS IS". 1,511 square feet, 4-bedroom home you can make your own. This property would also make a great flip for that renovator entrepreneur. The home offers a great yard and a 2 car-detached garage. Shed does sell with the property.

649 N Main, Centerville

Listing courtesy of RE/MAX Pride Oskaloosa.

$81,900

3 Beds ⋅ 1 Baths ⋅ 6339823 MLS

Intown Acreage. room to add garage. Sold AS-IS Seller will do no repairs

204 Wisconsin, Cincinnati

Listing courtesy of EXIT Realty & Associates.

$45,000

1 Baths ⋅ 6339146 MLS

Opportunity is knocking! This home has been completely gutted and is ready for your vision to bring it to life. With many of the major improvements already completed, you'll have a head start on creating the home of your dreams. Recent updates include PEX plumbing, updated electrical, new subflooring, and foundation repairs, giving buyers peace of mind knowing much of the heavy lifting has already been done. New HVAC system included. (Not installed) Even better, some of the materials needed to finish the project are already on site and will convey with the property. Situated on a beautiful, flat 1-acre lot, you'll love the mature shade trees that provide character, beauty, and privacy. A detached 2-car garage offers excellent storage and workspace, while the convenient location near the park and the store adds to the property's appeal. Whether you're an investor, contractor, or homeowner looking for a custom project, this property offers incredible potential. With the major systems in place and a blank canvas waiting for your finishing touches, this could become something truly amazing. Bring your ideas and transform this property into a showplace!

210 S Maple, Cincinnati

Listing courtesy of Bogle Realty LLC.

$144,500

3 Beds ⋅ 2 Baths ⋅ 6339057 MLS

Charming 3-bedroom, 2-bath home full of character and timeless charm! This well-maintained property features an extra-large 1-car attached garage, covered front porch, spacious back deck, storage shed, and a fenced backyard perfect for entertaining, pets, or play. Inside, you'll find beautiful built-ins, generous living spaces, and a large, inviting kitchen with plenty of room for cooking and gathering. Convenient main-floor laundry adds to the home's functionality. The stainless steel appliances are included, making this home move-in ready. Additional highlights include a newer AC unit and an excellent location close to schools, Centerville's historic square, and the shopping district. Don't miss the opportunity to own this charming home with space, character, and convenience!

409 S 15th St, Centerville

Listing courtesy of Bogle Realty LLC.

$180,000

2 Beds ⋅ 1 Baths ⋅ 6338937 MLS

Reduced & Move-In-Ready ! Welcome home to this well-maintained and adorable 2-bedroom, 1-bath property located on a massive corner Lot in Cincinnati, Iowa! Featuring a 1-car attached garage and beautiful landscaping that lines the driveway, this home offers outstanding curb appeal from the moment you arrive. Step inside and enjoy the spacious open floor plan with attractive tray ceilings that create an inviting and comfortable living space. Many upgrades were completed in 2021, giving you peace of mind and added value. The large backyard is perfect for pets, gardening, outdoor gatherings, and summer BBQs. Start your mornings with a cup of coffee on the charming composite front deck, and take advantage of the 10' x 10' storage shed for all your extra tools and equipment. This home is clean, cute, and truly move-in ready. Don't wait to schedule your showing today before it's gone!

211 N Liberty, Cincinnati

Listing courtesy of Real McCoy Realty LLC.

$21,500

6338923 MLS

Located in a desirable, well-established residential area, this large lot offers the perfect setting for your future home. With plenty of space to design and build, the property features a beautiful wooded area at the back, providing privacy, natural scenery, and a peaceful retreat right in your backyard. The lot offers easy access for utility connections, helping simplify the building process. Its natural terrain is ideal for a walkout basement, creating endless possibilities for additional living space and outdoor access. Enjoy the comfort of a quiet neighborhood while still having the flexibility to create the custom home you've always envisioned. Whether you're building your forever home or looking for a great investment opportunity, this property combines convenience, beauty, and outstanding potential.

20285 Bella Vista Dr, Centerville

Listing courtesy of Hawkins Realty.

$9,000

6338880 MLS

Nice lot in a quieter subdivision near Rathbun Lake. Wind-n-Waves has its own boat ramp, plus is only 2.8 miles from Bridgeview boat ramp, 11 minutes from Honey Creek State Park, and only 1 1/2 hours from Des Moines!

LOT 8 BLK 4 Wind-N-Waves, Melrose

Listing courtesy of Iowa Realty South Lakes.

$95,000

6338798 MLS

Prime commercial opportunity near Rathbun Lake! This 2-acre m/l commercial lot offers excellent highway frontage and outstanding visibility in a high-traffic area. Located next to popular cabin rentals and a busy bar & grill, this property is positioned for success with endless development potential. Ideal location for retail, restaurant, storage units, lodging, service business, or investment opportunity. Utilities nearby and easy access make this a great site to build your next business venture. Don’t miss this prime location near one of Southern Iowa’s top recreational destinations!

J18 Hwy, Moravia

Listing courtesy of Hometown Realty.

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