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

Beautiful 1.99-acre sloping lot located on paved 205th Street in Country View Addition, just north of Centerville, Iowa. Ideally positioned just north of the golf course, this attractive property offers a peaceful country feel with convenient access to town amenities. Electricity and water are available at the road, making it an excellent opportunity for a custom build in a desirable location. The gently rolling terrain adds character and scenic appeal, creating a great backdrop for your dream home. Additional adjoining lot 1.87 acre available.

19590 205th Ave, Centerville

Listing courtesy of Iowa Realty South Lakes.

$199,000

3 Beds ⋅ 2 Baths ⋅ 6338293 MLS

Beautifully maintained 3-bedroom, 2-bath home offering the extra space and functionality today’s buyers are looking for! This property features a 2 car attached garage, a spacious basement, and abundant storage throughout the home to help keep everything organized and within reach. Recent updates include fresh interior paint, new flooring, and updated light fixtures that give the home a clean, modern feel. Conveniently located near the YMCA, schools, park, and historical town square with plenty of room to grow, this move-in-ready property is ready for its next owner to enjoy!

515 S 12th St, Centerville

Listing courtesy of Bogle Realty LLC.

$199,500

2 Beds ⋅ 1 Baths ⋅ 6338213 MLS

Like new metal home offering the perfect blend of modern comfort and country charm! This beautifully finished 2-bedroom, 1 bathroom home features a spacious loft area and a gorgeous covered front porch perfect for relaxing and enjoying the peaceful surroundings. Tucked away on nearly 4 acres, this property offers privacy and room to roam while still being conveniently located in town with a true country feel. A storage shed provides extra space for tools, toys, or hobbies. Gorgeous inside and out, this move-in ready property is the perfect full-time residence, weekend getaway, or investment opportunity!

213 S Maple, Cincinnati

Listing courtesy of Bogle Realty LLC.

$11,000

6337951 MLS

Build your dream near the lake in Parkside Knolls! This .21-acre vacant lot offers an excellent opportunity to create your ideal getaway or full-time residence just minutes from the water. Whether you’re looking to build now or secure land for the future, this is a fantastic opportunity in a sought-after area. Enjoy a prime location close to Honey Creek State Park. With a nearby boat ramp, you’ll have quick and easy access for fishing, boating, and soaking up lake life all season long. Don’t miss your chance to own a piece of lake country—start planning your build today!

LOT 51 Parkside Knolls, Moravia

Listing courtesy of Iowa Realty South Lakes.

$78,900

2 Beds ⋅ 1 Baths ⋅ 6337723 MLS

Welcome to 1903 S 16th St! This charming 2 bed, 1 bath home features fresh updates throughout and a warm, inviting feel from the moment you walk in. You’ll love the beautiful exposed brick that adds character to the main living areas, along with a nicely updated kitchen complete with an eat-in bar—perfect for casual meals or entertaining. Both bedrooms offer comfortable space with great natural light, making them ideal for a primary bedroom, guest room, or even a home office setup. The bathroom is generously sized with plenty of room, plus convenient in-home laundry. Step outside to enjoy the backyard—perfect for relaxing, letting pets run, or hosting summer get-togethers.The detached garage provides great space for parking, storage, or a workshop setup.

1903 S 16th, Centerville

Listing courtesy of Bogle Realty LLC.

$165,000

2 Beds ⋅ 1 Baths ⋅ 6337717 MLS

Charming 2-bedroom, 1-bath home situated on just under an acre in a peaceful rural setting just outside of Numa. Not far from Centerville and Rathbun Reservoir. Features a charming eat-in kitchen and a cozy mudroom, a perfect washer and dryer area. Includes a 2-car attached garage, several outbuildings, and a spacious yard ideal for gardening or outdoor activities. Enjoy beautiful sunset views from the covered front porch—perfect for relaxing evenings.

18745 Hwy J46, Centerville

Listing courtesy of Bogle Realty LLC.

$39,900

3 Beds ⋅ 1 Baths ⋅ 6337695 MLS

Welcome to 313 Haynes in Centerville! This charming 3-bedroom, 1-bath home offers a comfortable layout with a spacious eat-in kitchen—perfect for everyday living and gathering with family and friends. This home is a great opportunity for first-time buyers, downsizers, or investors. Conveniently located near local amenities, this property combines small-town charm with practical living. Come take a look!

313 N Haynes Ave, Centerville

Listing courtesy of Bogle Realty LLC.

$9,999

6337638 MLS

Discover your perfect getaway with Lot 45 in Parkside Knolls, located in charming Moravia near Lake Rathbun! If you’ve been dreaming of escaping the hustle and bustle of city life, this is your opportunity to own a slice of peaceful southern Iowa. Ideally situated just minutes from Honey Creek State Park and the boat ramp, you’ll have quick and easy access to the lake—making it simple to spend your days boating, fishing, or soaking up the sun. Whether you’re planning to build a weekend retreat or your forever home, this lot offers the perfect setting. Enjoy the quiet surroundings of this desirable subdivision, where relaxation and nature take center stage. Embrace lake life, fresh air, and a slower pace—your retreat awaits at Parkside Knolls at Lot 45!

Lot 45 Parkside Knolls, Moravia

Listing courtesy of Real McCoy Realty LLC.

$9,999

6337633 MLS

Discover your perfect getaway with Lot 42 in Parkside Knolls, located in charming Moravia near Lake Rathbun! If you’ve been dreaming of escaping the hustle and bustle of city life, this is your opportunity to own a slice of peaceful southern Iowa. Ideally situated just minutes from Honey Creek State Park and the boat ramp, you’ll have quick and easy access to the lake—making it simple to spend your days boating, fishing, or soaking up the sun. Whether you’re planning to build a weekend retreat or your forever home, this lot offers the perfect setting. Enjoy the quiet surroundings of this desirable subdivision, where relaxation and nature take center stage. Embrace lake life, fresh air, and a slower pace—your retreat awaits at Parkside Knolls!

Lot 42 Parkside Knolls, Moravia

Listing courtesy of Real McCoy Realty LLC.

$15,000

6337617 MLS

Start planning your Lake Rathbun getaway with Lot 33 in Parkside Knolls! Located just minutes from Honey Creek State Park, this lot offers an excellent opportunity to build a cabin, weekend retreat, or full-time home close to everything the lake area has to offer. Enjoy convenient access to boating, fishing, golf, and outdoor recreation while owning an affordable piece of the Rathbun lifestyle. Whether you're ready to build now or looking to secure land for the future, this property gives you flexibility to make it your own. If you've been thinking about a place near Rathbun without the premium price of waterfront property, this is your chance to get started. Lot 34 is also available for purchase

Lot 33 Parkside Knolls, Moravia

Listing courtesy of Bogle Realty LLC.

$15,000

6337615 MLS

Build your getaway in the heart of Lake Rathbun’s most convenient locations! Lot 34 in Parkside Knolls offers the perfect opportunity to create your own weekend retreat or future full-time home just minutes from the lake. Located near Honey Creek State Park, you’ll enjoy quick access to boat ramps, fishing, golf, and all the recreation Rathbun has to offer. This lot is ideal for those looking to invest in a relaxed, lake-focused lifestyle—whether you're ready to build now or planning for the future. Parkside Knolls is a well-maintained subdivision with a peaceful setting, making it a great choice for a cabin, seasonal escape, or retirement home base. Enjoy the benefits of lake living without the waterfront price tag. If you've been thinking about owning a place near Rathbun, this is an affordable way to make it happen. Lot 33 is also available for purchase.

Lot 34 Parkside Knolls, Moravia

Listing courtesy of Bogle Realty LLC.

$135,000

3 Beds ⋅ 1 Baths ⋅ 6337490 MLS

"CHECK OUT THIS PRICE REDUCTION" You won't want to miss out on this refreshed, move-in-ready 3-bedroom, 1-bath ranch home—just five minutes from Rathbun Lake, Iowa’s water playground. Large lot on the edge of town with many possibilities. Recent updates include new flooring, HVAC, water heater, electrical panel, and roof. Large lot with two car detached garage, and a large private fenced back yard.

701 N 1st St, Mystic

Listing courtesy of RE/MAX Pride Oskaloosa.

$17,000

6336536 MLS

Great location for building a new home. Three lots on one parcel. Paved street, with all city utilities available. Close to IHCC, city park and pickle ball cort for recreation, and the Historic Centerville City Square. Three lots are included in the 536 N 3rd Address parcel #340011023240000. Plus One more lot across the street is also included, 529 N 3rd Address parcel #340011016160000. There are four lots total that is selling with this listing. "All lots are subject to Centerville Zoning Requirements and potential buyers that plan to build on any of the listed lots should be advised to contact the City of Centerville for building requirements".

536 N 3rd St, Centerville

Listing courtesy of RE/MAX Pride Oskaloosa.

$40,000

6336461 MLS

Investor opportunity! This duplex offers solid cash flow potential in the heart of Centerville, IA. Owner currently covers water and trash expenses - exact amounts to be verified. A second property, 404 N. 10th. Street (Centerville, IA.) is also available for sale by the same owner. Investors purchasing both properties together would be available for a $2,500 discount per property with an asking price of $75,000 if BOTH properties are purchased together. This is a rare chance to expand your portfolio in one move. Don't miss this value - add opportunity! Accepted Offer - Seller taking Backup Offers

116 N Haynes Ave, Centerville

Listing courtesy of Century 21 Trinity.

$40,000

6336460 MLS

Investor opportunity! This duplex offers solid cash flow potential in the heart of Centerville, IA. Owner currently covers water and trash expenses - exact amounts to be verified. A second property, 116 N. Haynes (Centerville, IA.) is also available for sale by the same owner. Investors purchasing both properties together would be available for a $2,500 discount per property, for a total of $75,000 if BOTH properties are purchased together. This is a rare chance to expand your portfolio in one move. Don't miss this value - add opportunity! Accepted Offer- Seller accepting backup offers

404 N 10th St, Centerville

Listing courtesy of Century 21 Trinity.

$24,000

6336372 MLS

Located in the Wind-n-Waves subdivision near Rathbun Lake, this property includes three parcels totaling approximately 0.7 acres, offering plenty of space to build your ideal lake getaway. The lot sits in a quiet, secluded area with a tree line at the back, providing added privacy and a peaceful setting. Enjoy easy access to the water with the Bridgeview boat ramp just minutes away, and Honey Creek State Park only about 10 minutes down the road for boating, fishing, camping, and outdoor recreation. Whether you’re planning a weekend retreat or a future lake home, this is a great opportunity to build the vacation property you’ve always dreamed of near Rathbun Lake. And the best part, no HOA Dues!

LOT 11-13 BLK 7 Wind-N-Waves, Melrose

Listing courtesy of Iowa Realty South Lakes.

$55,000

6336249 MLS

Two lots located on a high-traffic highway with great visibility. Water and electric available on site. Excellent opportunity for commercial development or investment.

807 E Maple St, Centerville

Listing courtesy of Bogle Realty LLC.

$150,000

6336132 MLS

Great opportunity to own a charming small-town grocery store right on the square in Moravia! This well-located neighborhood market sits in the heart of town, offering excellent visibility and easy access for local residents and visitors alike. The store features retail shelving, cooler space, and ample room for groceries, convenience items, and specialty goods. Positioned on the town square, this property benefits from steady foot traffic and strong community presence. Ideal for an owner-operator or investor looking to continue the grocery tradition, expand into a convenience store, café, or specialty market. A rare chance to own a cornerstone business location in a welcoming small-town community. Endless potential to serve the community while building a thriving local business! ????

107 E Chariton St, Moravia

Listing courtesy of Bogle Realty LLC.

$9,999

6335961 MLS

Looking for a nice, flat lot close to Rathbun Lake? This cleared, flat lot in the Wind-n-Waves subdivision may be just the one! 2.8 miles from Bridgeview boat ramp, 11 minutes from Honey Creek State Park, and only 1 1/2 hours from Des Moines.

LOT 5 BLK 3 Wind-N-Waves, Melrose

Listing courtesy of Iowa Realty South Lakes.

$89,500

2 Beds ⋅ 1 Baths ⋅ 6335832 MLS

SOLAR PANELS INCLUDED—ASK ABOUT THE MONTHLY ENERGY SAVINGS! This charming 2-bedroom, 1-bath home offers the perfect blend of comfort, functionality, and smart upgrades. Step inside to beautiful wood floors that flow seamlessly through the open-concept living room and kitchen, creating a bright and welcoming atmosphere. The main-level laundry adds everyday convenience. The spacious yard is ideal for relaxing or entertaining, featuring a back patio, an inviting front porch, and a newly sided 2-car detached garage with plenty of storage and parking space. The bathroom includes a walk-in tub for added safety and ease, while an additional shower in the basement provides extra flexibility for busy households. You’ll love the large pantry located off the laundry room, offering abundant storage space. Major updates include a newer electrical panel, water heater, and furnace—giving peace of mind and efficiency for years to come. Downstairs, the basement offers a dedicated storage room plus a separate office space—perfect for working from home, hobbies, or a quiet retreat. And best of all—solar panels help significantly reduce energy costs, making this home both environmentally friendly and budget smart. With charm, practicality, and energy efficiency all in one package, this home is a must-see!

837 S 15th St, Centerville

Listing courtesy of Bogle Realty LLC.

$119,900

2 Beds ⋅ 2 Baths ⋅ 6335703 MLS

Charming and move-in ready, this beautifully updated 2-bedroom, 2-bath ranch offers comfortable one-level living with exceptional space inside and out! Step into the large, inviting living room featuring built-in shelving—perfect for displaying décor, books, and keepsakes. Brand-new flooring flows throughout the home, creating a fresh, modern feel in every room. The thoughtfully designed layout includes main-level laundry for added convenience and everyday ease. The full basement provides endless possibilities—whether you envision additional living space, a home gym, workshop, or abundant storage. Car enthusiasts, hobbyists, and anyone needing extra space will love the impressive 22 x 36 detached garage. With three car stalls, concrete floors, full insulation, and electricity already in place, this garage is ready for projects, storage, or year-round use. Situated on an additional lot, the property offers extra yard space for recreation, gardening, or future expansion—adding even more value and versatility. This well-maintained ranch combines functionality, updates, and room to grow—don’t miss your opportunity to make it yours!

516 N 8th St, Centerville

Listing courtesy of Bogle Realty LLC.

$85,000

6335041 MLS

Lot 12 in Walnut Creek Subdivision at Rathbun Lake is 4 acres m/l located just off the dead-end county road that leads to the back entrance of the subdivision. The cul-de-sac serves four parcels, including this one. You can simply drive straight from the county road to reach it. The views are stunning, with the creek bottom directly in front and the Little Walnut Creek valley to the west. The top of the hill is covered with nice timber, ideal for building a home or a beautiful backyard. Imagine sitting on your back deck in the evening, watching the stars twinkle and deer roam the creek bottom. You'll feel grateful to be alive! This acreage is the first one off the subdivision road. Walnut Creek Subdivision is about one mile from Rathbun Lake Dam and the boat launch.

Nka, Centerville

Listing courtesy of Hometown Realty.

$65,000

6334830 MLS

Are you dreaming of building a perfect home or a serene cabin retreat? Lot 10 of the Walnut Creek Subdivision in Rathbun Lake might be the opportunity you've been seeking. Nestled at the end of a picturesque subdivision road, this exceptional parcel offers a blend of natural beauty and convenient access to modern amenities. A truly diverse landscape, making it an ideal setting for your dream property. To the east, you'll find lush timber, providing a sense of seclusion and a connection with nature. To the southwest, the land opens up to offer breathtaking long-range views of the Little Walnut Creek Valley. This combination of forested privacy and expansive vistas creates a perfect backdrop for a home or retreat. Whether you envision a peaceful place to call home or a getaway spot to unwind with family and friends, Lot 10 offers the perfect balance. Imagine weekends spent hiking, bird watching, or simply enjoying the tranquility of nature, all from the comfort of your own property. Moreover, the Walnut Creek Subdivision provides easy access to Centerville, Iowa. This proximity means you won't have to compromise on convenience, as Centerville offers a variety of shopping and dining options to meet your needs. So, why wait any longer? Come explore Lot 10 at the Walnut Creek Subdivision today and imagine the possibilities for your dream home or cabin retreat. This could be the start of your new adventure!

0000 Nka, Centerville

Listing courtesy of Hometown Realty.

$65,000

6334824 MLS

Discover your dream home site on this breathtaking 3-acre m/l property in the Walnut Creek Subdivision. This nature lover’s paradise features flourishing hardwood timber and a thriving ecosystem, creating an idyllic backdrop for your future residence. Enjoy stunning views of Little Walnut Creek and the convenience of being near both Rathbun Lake Dam and Centerville, Iowa. Don’t miss this unique opportunity to own a piece of serene seclusion surrounded by nature's beauty!

00000 Nka, Centerville

Listing courtesy of Hometown Realty.

$140,000

6334679 MLS

A beautiful 10-acre m/l parcel situated in the Walnut Creek Subdivision at Rathbun Lake is available for you. The private drive leading to the property offers a sense of seclusion and privacy, with stunning views of Little Walnut Creek. There is plenty of space to create a lovely yard and build your dream home or cabin. Walnut Creek Subdivision is about a mile from the Rathbun Lake Dam and boat launch, accessible via a paved county road. The location provides convenient access to Centerville, Iowa, for dining and shopping. It’s an ideal spot to spend quality time with family and friends while exploring Southern Iowa and Rathbun Lake. At Walnut Creek Subdivision, you can enjoy breathtaking views and gaze at the brighter stars in the night sky.

Hwy J29, Centerville

Listing courtesy of Hometown Realty.

$165,000

6333250 MLS

Beautiful, well maintained, 2 story, 3750 square foot building, built in 2006 and currently being used as a rental venue that also has potential for so many other uses! Open floor plan with amazing kitchen area that was added in 2015 and designed with a buffet line in mind. Twenty feet of high counter and also twenty feet of low counter space give tons of work area as well as display area. Lots of cabinet space and extra sinks make this a dream kitchen. Ample outlets behind the counter and throughout the building. Two full floors with a stairway leading upstairs from both ends of the building offers so much versatility for the use of this one-of-a-kind building. This amazing space has two restrooms, one that was original to the building in 2006, and one that was added in 2015, a utility room with lots of storage area, and also an upstairs dressing room. The first floor has a double-wide glass entrance door and a beautiful beamed high ceiling. The custom-built open staircase inside the front door has been a gorgeous focal point for photos since the remodel in 2015. The upstairs is a wide-open entertainment space with the dressing room near the back staircase. Tons of natural light with a total of 42 windows adorn the building. This is a unique opportunity with so many options! A garden area out back has a beautiful flowerbed and perfect seating area for outside entertainment. Bring your ideas and make it your dream business! Let's take a tour soon! Owner is the listing agent

103 W Main St, Exline

Listing courtesy of Sunrise Realty.

$69,900

6332470 MLS

Don’t miss this excellent investment opportunity! This well-maintained duplex offers strong income potential, with one unit recently remodeled and ready for immediate occupancy. Each unit features 3 bedrooms & 1 bathroom, laundry on-site and off-street parking. The second unit is clean and well-kept, currently tenant-occupied, offering steady cash flow from day one. Whether you're looking to live in one unit and rent the other, or expand your rental portfolio, this duplex is a smart choice with excellent return potential.

301 E Walsh St, Centerville

Listing courtesy of Bogle Realty LLC.

$165,900

4 Beds ⋅ 2 Baths ⋅ 6332323 MLS

Don’t miss this rare opportunity to own a spacious ranch-style home nestled on 15 flat lots, totaling just under 4 acres in the peaceful community of Mystic, Iowa just minutes from the recreational paradise of Rathbun Lake. Boasting over 2,600 sq ft of comfortable living space, this home offers room to grow both inside and out. Whether you're looking for a serene primary residence, a weekend retreat, or an investment opportunity, this property is brimming with potential. The flat, open lots offer ideal conditions for building projects, gardening, outdoor entertaining, or even expanding your real estate portfolio. The surrounding neighborhood is quiet and friendly, providing the perfect backdrop for country living with easy access to nearby amenities and lake activities. Take advantage of the space, the location, and the opportunity. Schedule a showing today!

301 Jefferson St, Mystic

Listing courtesy of Bogle Realty LLC.

$200,000

3 Beds ⋅ 2 Baths ⋅ 6331926 MLS

Reduced - A great price and great value! Charming 3-Bedroom, 2-Bath Split-Level Home on a Corner Lot Don’t miss this beautifully maintained split-level home featuring 3 spacious bedrooms and 2 full baths. Nestled on a quiet street, this in-town property offers the peaceful feel of country living with abundant wildlife and privacy all around. Enjoy two levels of comfortable living space, freshly updated with new interior paint, a newer roof, and updated siding. The home features a convenient main floor laundry/bath combo, and you'll love relaxing in the large garden tub. Step outside to enjoy multiple outdoor spaces including a covered porch (shelter house), deck, and patio — perfect for entertaining or just enjoying the serenity. A two-car detached garage offers ample storage, plus there's plenty of additional parking space. The property also includes a Shelter House for shade and for your enjoyment. Schedule your showing today!

1006 N 14th St, Centerville

Listing courtesy of Real McCoy Realty LLC.

$27,000

2 Beds ⋅ 1 Baths ⋅ 6330066 MLS

Income potential! Check out this 2-bedroom 1 bathroom home within close proximity to the square, schools and shopping. Whether you're looking for a rental property, starter home or downsizing, this is a great little home. Electrical has been cut at the breaker box and will need reconnected. Call your agent to schedule a viewing!

403 W Van Buren St, Centerville

Listing courtesy of Bogle Realty LLC.

$129,000

6329204 MLS

Welcome to Lot 15, 158 Lake Drive! Lot 15 Lago Vista offers a prime commercial opportunity with direct frontage on Hwy S70. ideal for a business, shop, or mixed-use space serving the Lake Rathbun area. This spacious lot sits at the entrance to Lago Vista, providing excellent visibility and access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line.

158 Lake Dr, Melrose

Listing courtesy of Boutique Real Estate.

$95,000

6329203 MLS

Welcome to Lot 14, 254 Lake Drive Lago Vista! Lot 14 offers wooded privacy, lake views, and walkout potential on a beautifully sloped 2.25+ acre site. Enjoy mature trees, quiet surroundings, and close lake access. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

254 Lake Dr, Melrose

Listing courtesy of Boutique Real Estate.

$95,000

6329202 MLS

Welcome to Lot 13, 336 Lake Drive Lago Vista! Lot 13 provides a gently elevated, tree-lined setting with potential lake views on 3.0 acres. Great location for a private build. Rathbun Regional Water, Chariton Valley Electric, and fiber internet on the lot line. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

336 Lake Dr, Melrose

Listing courtesy of Boutique Real Estate.

$89,000

6329198 MLS

Welcome to Lot 7, 113 Cove Road Lago Vista! Lot 7 offers one of the best values in Lago Vista featuring daylight potential, a partial lake view, and a backdrop of mature trees. This 1.3 acre lot is ideal for a daylight build and offers a peaceful setting for your full-time home or weekend retreat. Lago Vista is a scenic new development at Lake Rathbun. A rare blend of lake views, wooded privacy, and peaceful living. Rathbun Regional Water, Chariton Valley Electric and high-speed fiber internet are all available at the lot line. Flexible building potential offered with optional on site custom building project management available. Enjoy a peaceful setting with rural charm. Located near Honey Creek State Park and boat access, this is your opportunity to create your everyday escape. Whether you're building your dream home, cabin retreat, or investing in lake-area land, Lago Vista offers the ideal backdrop.

113 Cove Rd, Melrose

Listing courtesy of Boutique Real Estate.

Moutlon Properties under $200,000 for Sale

Newest Moutlon Properties under $200,000 for Sale