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309 5th Avenue S, Clear Lake, IA 50428.
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.
MLS ID: 6337877
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309 5th Avenue S, Clear Lake, IA 50428.

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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $163,900 | $163,900 | $163,900 |
| Down Payment | $32,780 | $5,737 | $40,975 |
| Monthly Mortgage Amount | $786 | $965 | $1,004 |
| Taxes | $228 | $228 | $228 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $72 | $0 |
| Monthly Estimated Total | $1,114 | $1,365 | $1,332 |