Brick c.1935 Iowa Handyman Special With Unpainted Woodwork Under $95K
OHU50K Notes $94,900
Realtor Comments
Charming 4-Bedroom Brick Fixer-Upper with Endless Potential! Bedrooms: 4 | Bathrooms: 1.5 Square Footage: 1, 838 sq ft | Garage: 2-Car Attached Year Built: 1935 | Construction: Solid Brick Type: Fixer-Upper / Investment Opportunity Step back in time with this classic 2-story brick home built in 1935, full of vintage charm and awaiting your vision! With 1, 838 square feet, this spacious 4-bedroom, 1.5-bath home offers a solid foundation and plenty of room to grow. Features include: New Roof in 2020 Original architectural details and hardwood floors (ready for refinishing!) Oversized Two-car attached garage rare for a home of this era Large living and dining areas with great natural light Brick exterior for timeless curb appeal and durability This home is a true fixer-upper, ideal for renovators, investors, or anyone ready to restore a historic property to its full potential. Whether you’re looking to flip, rent, or make it your own, this is a rare opportunity to own a classic brick home with plenty of space and character.
- 4 bed
- 1.5 bath
- Build date 1935
217 2nd St, Gladbrook, IA 50635 $94,900
- Contact Realtor: Phillip Johnson
- Google Map
- Niche
Pros
1. Highly Affordable Living
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Overall cost of living is about 24% below the U.S. average and ~5% below Iowa’s average
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Median home value (~$109K–122K) is 60–70% lower than the national median .
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Median rent (~$625–807/month) is 30–40% below U.S. norms
2. Strong Homeownership & School Quality
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High homeownership rate (~78%) fosters stable neighborhoods
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Gladbrook–Reinbeck schools are rated B+ (high school) and B overall, with favorable student–teacher ratios
3. Safe, Rural Environment
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Rural/suburban feel in a small town (~800–1,000 population)
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Crime is slightly lower than national averages—≈1 in 51 chance of victimization vs U.S. norm of 1 in 51; violent crimes ~6% below
4. Outdoor Recreation & Cultural Events
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Nearby Union Grove State Park offers fishing, hiking, camping
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Annual Corn Carnival since 1922 and the Matchstick Marvels Museum add unique local charm
5. Manageable Commutes & Vehicle Ownership
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Average commute (~25 min) is on par with similar towns
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Most households own 2 cars; nearly everyone drives .
Cons
1. Very Limited Local Amenities
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Few dining, shopping, or nightlife options—most errands require driving to nearby towns .
2. Small Population & Slow Growth
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Population slightly declined (~–0.1% last year, –3.6% over five years)
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May feel isolating for those seeking vibrant community life.
3. Below-Average Income & Higher Poverty
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Median household income (~$62K) is ~18% below Iowa average and 8% below national
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Poverty rate (~17%) is higher than Iowa’s average (~11%) .
4. Limited Health Services & Transport
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Sparse healthcare facilities; lower scores in health & safety categories
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No public transportation and low walkability—car dependence is essential
