Homes with Basements for Sale in Fayette, IA

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ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
Check out this updated 3-bedroom home near UIU in Fayette, Iowa. This home has been recently updated and is move-in ready. It has a beautiful new kitchen complete with stainless steel appliances. There is a new remodeled 3/4 bathroom on the main floor. The seller has also replaced some windows and reshingled the roof in 2026. The lot is small and easy to maintain. The seller is offering a $3,000 flooring allowance or closing cost credit at closing as well. All this for under $100,000 is amazing. Make an appointment to take a private tour soon.

$99,900

3 beds1 bath1,088 sq ft

404 E Clark St, Fayette, IA 52142

Replaced windows • New kitchen • Remodeled bathroom

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
Investment opportunity on approximately 1.78 acres. This 4-bedroom, 1-bath home was built in 1923 and is in poor condition, requiring extensive repairs and renovation. Unfinished basement. Due to the condition of the property, no interior access will be provided. Property is being sold as-is, where-is, with all information estimated and not guaranteed. Cash offers only. Auction property.

$42,800

4 beds1 bath1,800 sq ft

8321 L Ave, Fayette, IA 52142

1.78 acre lot • Built 1923 • Listed 96 days

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
Located in the heart of Fayette, Iowa, this versatile investment property offers excellent rental income potential with the added flexibility to become a charming single-family home. Featuring 4 bedrooms and 2 bathrooms, the property is currently leased, providing steady income and an attractive opportunity for investors. Whether you choose to continue operating it as an income-producing rental or transform it into a comfortable family home, this property offers plenty of potential. With its convenient location, spacious layout, and flexible use, it’s an opportunity worth exploring for both investors and homeowners.

$160,000

4 beds2 baths2,712 sq ft

310 Volga St, Fayette, IA 52142

0.49 acre lot • Parking • Built 1961

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
Don't be fooled by the simple look of the exterior. This new home under construction packs many features with over 3000 sq ft of living space. The main level features kitchen with island, dining and living rooms, 2 bedrooms, office/den and large bathroom with laundry and step in shower. The lower level will be finished with kitchen, family room, 3 bedrooms (two are non conforming), large bathroom with laundry and step in shower and utility room. In floor heat in the basement level and the garage. The basement level is zero entry when using the concrete patio on the east side. The wrap around wood deck on the main level gives over 50 feet of space to enjoy the outdoors. This new home sits on

$495,000

5 beds2 baths3,000 sq ft

5916 Kornhill Rd, Fayette, IA 52142

In floor heat • Zero entry basement • 3.5 acres

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
Charming 2-story home situated on a corner lot in Fayette, Iowa, directly across from Upper Iowa University! This location offers an easy walk to campus activities and sporting events while still providing the comfort of a welcoming residential setting. The main floor features a semi-open layout with a spacious kitchen offering maple cabinetry, plenty of storage, and excellent workspace. A built-in bookcase highlights the partially open staircase, adding character and charm to the home. With 4 bedrooms, including one on the main floor, and 2 bathrooms—one on each level—this property offers flexible living space for a variety of needs. Step outside to enjoy the new deck overlooki

$138,000

4 beds2 baths1,472 sq ft

407 Union St, Fayette, IA 52142

Easy walk to campus • Spacious kitchen • New deck

Property at 604 Colgrove Dr, Fayette, IA 52142, 3 beds, 1.5 baths

$225,000

3 beds1.5 baths1,912 sq ft

604 Colgrove Dr, Fayette, IA 52142

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ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
Welcome home to this incredible, renovated 3-bedroom property sitting on over an acre of land! These homeowners made all the right updates. Come on in and check out this beautiful kitchen with solid surface countertops and a 10-star island! Don't worry, there is more to offer: they have added a brand-new living room, a new steel roof, new windows, new interior doors, and a new bathroom. Still need more? They have updated electrical, an owned water softener, a walk-out basement, a two-stall garage, under-house storage, and more!! Don't delay; get your appointment today!!

$230,000

3 beds2 baths2,144 sq ft

536 8th St St SW, Oelwein, IA 50662

New living room • Renovated property • 10-star island

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
INVESTORS — ADD TO YOUR PORTFOLIO! This 3-bedroom, 1-bath fixer-upper offers an excellent value-add opportunity for investors looking to expand their rental portfolio or take on a renovation project. Priced to sell and being sold AS IS, this property offers the potential to renovate, improve and build equity. IMPORTANT: This property is available ONLY as part of a package of 6 total investment properties, providing an opportunity to acquire multiple properties in one transaction. Package includes: 319 2nd Ave NW, 11 2nd St NW, 15 2nd St NW, 141 2nd Ave NW, 229 4th Ave SE, and this property. Square footage is approximate. Buyer to verify all measurements, information and intended use.

$45,000

3 beds1 bath1,484 sq ft

107 NW 7 Ave, Oelwein, IA 50662

0.32 acre lot • Built 1920 • Listed 9 days

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
INVESTORS — ADD TO YOUR PORTFOLIO! This 3-bedroom, 1 1/2-bath fixer-upper offers an excellent value-add opportunity for investors looking to expand their rental portfolio or take on a renovation project. Priced to sell and being sold AS IS, this property offers the potential to renovate, improve and build equity. IMPORTANT: This property is available ONLY as part of a package of 6 total investment properties, providing an opportunity to acquire multiple properties in one transaction. Package includes: 319 2nd Ave NW, 11 2nd St NW, 15 2nd St NW, 107 7th Ave NW, 141 2nd Ave NW, and this property. Square footage is approximate. Buyer to verify all measurements, information and intended u

$45,000

3 beds1.5 baths1,344 sq ft

229 SE 4th Ave, Oelwein, IA 50662

6,500 sq ft lot • Built 1910 • Listed 9 days

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
INVESTORS — ADD TO YOUR PORTFOLIO! This 2-bedroom, 1-bath fixer-upper offers an excellent value-add opportunity for investors looking to expand their rental portfolio or take on a renovation project. Priced to sell and being sold AS IS, this property offers the potential to renovate, improve and build equity. IMPORTANT: This property is available ONLY as part of a package of 6 total investment properties, providing an opportunity to acquire multiple properties in one transaction. Package includes: 319 2nd Ave NW, 11 2nd St NW, 141 2nd Ave NW, 107 7th Ave NW, 229 4th Ave SE, and this property. Square footage is approximate. Buyer to verify all measurements, information and intended use

$45,000

2 beds1 bath978 sq ft

15 NW 2nd St, Oelwein, IA 50662

7,500 sq ft lot • Built 1900 • Listed 9 days

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
INVESTORS — ADD TO YOUR PORTFOLIO! This 3-bedroom, 1-bath fixer-upper offers an excellent value-add opportunity for investors looking to expand their rental portfolio or take on a renovation project. Priced to sell and being sold AS IS, this property offers the potential to renovate, improve and build equity. IMPORTANT: This property is available ONLY as part of a package of 6 total investment properties, providing an opportunity to acquire multiple properties in one transaction. Package includes: 319 2nd Ave NW, 141 2nd Ave NW, 15 2nd St NW, 107 7th Ave NW, 229 4th Ave SE, and this property. Square footage is approximate. Buyer to verify all measurements, information and intended use

$45,000

3 beds1 bath1,477 sq ft

11 NW 2nd St, Oelwein, IA 50662

4,920 sq ft lot • Garage • Built 1917

ABOUT THIS HOME
Home with Basement for sale in Fayette, IA:
INVESTORS — ADD TO YOUR PORTFOLIO! This 2-bedroom, 1¾-bath fixer-upper offers an excellent value-add opportunity for investors looking to expand their rental portfolio or take on a renovation project. Priced to sell and being sold AS IS, this property offers the potential to renovate, improve and build equity. IMPORTANT: This property is available ONLY as part of a package of 6 total investment properties, providing an opportunity to acquire multiple properties in one transaction. Package includes: 319 2nd Ave NW, 11 2nd St NW, 15 2nd St NW, 107 7th Ave NW, 229 4th Ave SE, and this property. Square footage is approximate. Buyer to verify all measurements, information and intend

$45,000

3 beds2 baths1,392 sq ft

141 NW 2nd Ave, Oelwein, IA 50662

7,500 sq ft lot • Built 1914 • Listed 9 days

Property at 319 NW 2nd Ave, Oelwein, IA 50662, 4 beds, 2 baths

$45,000

4 beds2 baths1,742 sq ft

319 NW 2nd Ave, Oelwein, IA 50662

Property at 723 2nd Ave SE, Oelwein, IA 50662, 2 beds, 2 baths

$148,000

2 beds2 baths1,233 sq ft

723 2nd Ave SE, Oelwein, IA 50662

Property at 8 SE 12th Ave, Oelwein, IA 50662, 3 beds, 1 bath

$115,000

3 beds1 bath1,524 sq ft

8 SE 12th Ave, Oelwein, IA 50662

Property at 111 1st St, Oelwein, IA 50662, 3 beds, 2 baths

$109,000

3 beds2 baths1,227 sq ft

111 1st St, Oelwein, IA 50662

Property at 110 5th Ave Ave SE, Oelwein, IA 50662, 4 beds, 1.5 baths

$99,500

4 beds1.5 baths1,688 sq ft

110 5th Ave Ave SE, Oelwein, IA 50662

Property at 908 SW 3rd Ave, Oelwein, IA 50662, 3 beds, 1 bath

$175,000

3 beds1 bath1,053 sq ft

908 SW 3rd Ave, Oelwein, IA 50662

Property at 102 W Springwater St, Wadena, IA 52169, 2 beds, 1 bath

$119,000

2 beds1 bath1,248 sq ft

102 W Springwater St, Wadena, IA 52169

Property at 914 NE 4th Ave, Oelwein, IA 50662, 6 beds, 3.5 baths

$275,000

6 beds3.5 baths2,924 sq ft

914 NE 4th Ave, Oelwein, IA 50662

Property at 602 1st Ave Ave NE, Oelwein, IA 50662, 3 beds, 1.5 baths

$165,000

3 beds1.5 baths1,616 sq ft

602 1st Ave Ave NE, Oelwein, IA 50662

Property at 400 S Frederick Ave, Oelwein, IA 50662

$165,000

— beds— baths2,589 sq ft

400 S Frederick Ave, Oelwein, IA 50662

Property at 240 Rich St, Maynard, IA 50655, 4 beds, 2 baths

$149,500

4 beds2 baths1,712 sq ft

240 Rich St, Maynard, IA 50655

Property at 703 W Charles St, Oelwein, IA 50662, 2 beds, 1 bath

$99,500

2 beds1 bath979 sq ft

703 W Charles St, Oelwein, IA 50662

Property at 109 1st Ave. Ave NW, Oelwein, IA 50662, 4 beds, 2 baths

$79,900

4 beds2 baths1,665 sq ft

109 1st Ave. Ave NW, Oelwein, IA 50662

Property at 518 3rd Ave Ave NW, Oelwein, IA 50662, 2 beds, 1 bath

$124,900

2 beds1 bath1,016 sq ft

518 3rd Ave Ave NW, Oelwein, IA 50662

Homes with Basements for Sale in Fayette

There are currently 6 homes with basements for sale in Fayette at a median listing price of $138K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Fayette stay on the market for 130 days. This map is refreshed with the newest listings in Fayette every 15 minutes.

In the past month, 1 home has been sold in Fayette. In addition to houses in Fayette, there were also 0 condos, 0 townhouses, and 1 multi-family unit for sale in Fayette last month. Find your dream home in Fayette using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Fayette are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Fayette. Our Fayette real estate stats and trends will give you more information about home buying and selling trends in Fayette. If you're looking to sell your home in the Fayette area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Fayette with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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