Lake-Iowa Realty

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309 5th Avenue SClear Lake, IA 50428

Single Family · 2 Beds · 1 Full Bath · 1,153 Sq. ft. | 0.08 Acres
$158,900 Active - Contingent

309 5th Avenue S Overview

Time on Site:
59 days
Visits:
45

Located just three blocks from Clear Lake access and four blocks from downtown, this 2-bedroom, 1-bath home offers an opportunity to create value in a desirable location. With approximately 1,100+ square feet and built in 1939, the property provides a solid foundation for updates and improvements at an accessible entry point into the Clear Lake market. Recent exterior updates, including a newer roof and siding within the past five years, add value and reduce some major upfront expenses. Opportunities this close to both the lake and downtown are limited, making this a compelling option for those looking to build equity and take advantage of location.

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309 5th Avenue S Facts & Features

  • Type Single Family
  • Sq. ft. 1,153
  • Price/Sq.ft. $138
  • Lot 0.08 Acres

Details

General

Listing Information

  • Contingency: None

Building Information

  • Year Built: 1939

Location/Region

  • County Or Parish: Cerro Gordo
  • Postal City: Clear Lake
  • Subdivision Name: CHENEY & PALMETERS SOUTH ADD

Tax Information

  • Tax Annual Amount: 1602
  • Tax Year: 2024

General Information

  • Parcel Number: 051343100200
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 1

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

General Information

  • Accessibility Features: None
  • Basement: Full
  • Cooling: Window Unit(s)
  • Fireplaces Total: 0
  • Heating: Forced Air
  • Living Area: 1153
  • Living Area Units: Square Feet

Exterior

Parking Information

  • Parking Features: Attached

Lot Information

  • Lot Size Dimensions: 50X66
  • Lot Size Square Feet: 3485
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Vinyl Siding

General Information

  • Sewer: City Sewer/Connected

Room Information

  • Level: Main
  • Dimensions: 9x11

Room: Kitchen

  • Level: Main
  • Dimensions: 10x12

Room: Living Room

  • Level: Main
  • Dimensions: 13x14

Room: Bedroom 2

  • Level: Upper
  • Dimensions: 11x22

309 5th Avenue S Neighborhood

Community

50428 (Clear Lake) Demographics

52
Median Age
74
Population Density (per sq. mile)
47%
College Educated
$62,268
Estimated Median Income
3,017
Estimated Total Home Owners
1,073
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

309 5th Avenue S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

309 5th Avenue S Market Data

Based on the last 30 days in this zip code

$755,331
Average List Price
$339
Average Price per Square Foot
18
Properties Sold
131
Average Days on Market
154
Properties for Sale
Calculations provided by Reliance Network

309 5th Avenue S History

Date Event Value Agent
6/18/2026Source: NoCoast MLS Status Change
Active - Contingent
5/27/2026Source: NoCoast MLS Price Reduction
$158,900 -3.1%
5/2/2026Source: NoCoast MLS Added to Database
May 02, 2026
2/21/2025Source: NoCoast MLS Added to Database
February 21, 2025
Listing provided courtesy of Lakeside BrokersNoCoast MLS- MLS# 6337877MLS Provider