220 E Franklin

Centerville, IA
$ 6,000 Beds 3 Baths 1 Sq 1,206
Monthly Estimate* How much can I afford?

Opportunity awaits at 220 E. Franklin Street in Centerville! This 3-bedroom home offers approximately 1,206 square feet of living space and is ready for your vision and finishing touches. Whether you're an investor searching for your next project, a flipper looking to add value, or a buyer wanting to build sweat equity, this property presents tremendous potential. The spacious floor plan provides flexibility for redesign and renovation, with multiple options to reconfigure the layout to maximize value and functionality. Original hardwood flooring adds character and charm, while the home's solid footprint creates an excellent foundation for restoration. Situated on a convenient in-town lot, the property is located near schools, shopping, dining, and community amenities. With renovation work already started, this is an affordable opportunity to customize a home to your specifications or create a profitable investment property. Bring your ideas and unlock the potential of this Centerville fixer-upper. Properties with this much upside at an affordable price are hard to find!

Active

  • Price
  • $ 6,000
  • City
  • Centerville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • APPANOOSE
  • Half Bathrooms
  • 0
  • Area
  • Appanoose
  • Lot Size
  • Zip
  • 52544
  • Sqr Footage
  • 1,206
  • Year Built
  • 1915
  • Taxes
  • $ 218
  • Style
  • Bungalow
  • MLS#
  • 6338852
Listed By: Key Real Estate Agency
Data Source: Iowa Association of REALTORS®

Features

General

Sewer City Sewer/Connected
Heating None
Cooling None
Architectural Style Bungalow
Construction Materials Vinyl Siding
Year Built 1915
Property Subtype Single Family Residence
Tax Year 2025
Accessibility None
County Appanoose
Property Type Residential
Contingency None
Full Baths 1
Status Active
Directions Turn West off Haynes Ave. Located on South side of street
Lot Size Units Acres
Tax Annual Amount 218
Living Area Units Square Feet
Standard Status Active
PostalCity Centerville
Legal Description WALDENS 5TH W 1/2 LT 1 BLK 1 RGE 4

Interior Features

Basement Partial
Total Bedrooms 3
Total Baths 1

Exterior Features

Parking Features Gravel
Water Source Public
Lot Dimensions 50 x 100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Ames, IA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/29/2026 Listed $10,000
9/14/2026 40% - $6,000

Property vs Zip Code Average in 52544

Price
AVG $190K
$10K
Taxes
AVG $2,142
$218
Year Built
AVG 1945
1915
Visits
AVG 6
9
Data Provided by Inside Real Estate®

220 E Franklin Centerville, IA is a Single Family Home for sale at $6000 with 1206 sqft and a lot size of Acre(s). 220 E Franklin Centerville has 3 bedrooms, 1 baths and was built in 1915. The property's zip code is 52544 which is in Centerville, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.