Melbourne, IA homes for sale & real estate

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3D WALKTHROUGH

ABOUT THIS HOME
Melbourne, IA Homes for Sale
Charming and move-in ready, this 2-story Victor home delivers serious value at $110,000. Inside you’ll find 3 bedrooms, 2 baths, and hardwood floors paired with thoughtful updates for everyday comfort. The main level flows easily for living and dining, and the level backyard is great for play, pets, or a garden. A 1-car garage adds handy storage and off-street parking. Enjoy quiet small-town living with quick connections to nearby hubs. Approximate drive times: Grinnell ~20 minutes, Iowa City/Coralville ~30 minutes, Cedar Rapids ~50 minutes, and Des Moines < 1 hour (times vary with traffic and weather). Whether you’re a first-time buyer, downsizing, or looking for an affordab

$110,000

3 beds2 baths1,392 sq ft

605 Washington St

Level backyard • 1-car garage • Hardwood floors

ABOUT THIS HOME
Melbourne, IA Homes for Sale
Investor alert! 606 Hopper Street is a completely occupied and priced-to-sell 4-plex in Melbourne, generating over $32,000 in annual income with a strong 9% CAP rate. Each of the four units features 2 bedrooms and 1 bathroom, offering steady demand and reliable rental performance. The property boasts newer siding and a newer roof, minimizing future maintenance costs and adding long-term value. Tenants enjoy the convenience of a coin-operated laundry, and each unit comes fully equipped with a refrigerator and range, ensuring immediate rental readiness. With solid cash flow, consistent occupancy, and key updates already completed, this multifamily property is a standout opportunity. Sold AS-I

$239,900

— beds— baths2,912 sq ft

606 Hooper St, Melbourne, IA 50162

Newer roof • Newer siding • Fully equipped range

ABOUT THIS HOME
Melbourne, IA Homes for Sale
Welcome to this charming 4-bedroom home nestled on a spacious corner lot in the heart of Melbourne, Iowa! Enjoy generous living spaces, a formal dining room perfect for entertaining, and a detached 2-car garage for added convenience. Located in a friendly small-town community with an easy commute to both Des Moines and Marshalltown, this home offers the perfect blend of comfort and accessibility. Don't miss your chance to experience peaceful living with city connection.

$234,900

4 beds2.5 baths1,868 sq ft

212 3rd Ave, Melbourne, IA 50162

Formal dining room • Easy commute • Corner lot

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NEW 31 HRS AGO

ABOUT THIS HOME
Melbourne, IA Homes for Sale
Approx 2 acres lot looking for it's new owners to build on.

$70,000

0 beds— baths— sq ft

. Lot 2 Ne St SE, Marshalltown, IA 50158

Average home prices near Melbourne, IA

Cities

Zip Codes

50162 homes for sale
$234,900
50247 homes for sale
$206,500

Melbourne, IA real estate trends

$220K

Sale price

$112

Sale $/sq ft

Under list price

1.3%

Days on market

Down payment

—

Total homes sold

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