Newton Foreclosure With 2-Car Garage Drops to $115,000
A foreclosure property in Newton, Iowa, is currently on the market for $115,000, offering more than 1,300 square feet of living space, a spacious backyard and a detached two-car garage.
Located at 325 W 8th Street S, the two-story home was built in 1920 and provides approximately 1,376 square feet of finished living space.
The freshest Des Moines MLS data lists the property with two bedrooms and one-and-a-half bathrooms on approximately 0.28 acres.
At the current asking price, the home works out to roughly $84 per square foot.
Inside, the main floor offers a large family room with oversized windows that bring in plenty of natural light.
A half bathroom is also located on this level, along with a spacious kitchen and separate formal dining room.
That formal dining space gives the home a more traditional layout and provides room for larger meals or gatherings.
Upstairs, buyers will find both bedrooms and the home’s full bathroom.
The current MLS identifies the bathroom setup as one full bathroom and one half bathroom, even though some Zillow search results round the property to two total bathrooms.
Below the main living areas is an unfinished basement.
The basement contains a dedicated laundry area with cabinetry and also offers additional space that the seller suggests could be used as a workshop, hobby room or storage area.
Heating is supplied through a natural-gas forced-air system, while central air conditioning provides cooling.
Outside, the property includes several different spaces for enjoying the yard.
An enclosed front porch creates a sheltered sitting area, while a rear deck and separate patio offer additional room for relaxing or entertaining.
The backyard itself is relatively spacious for an in-town property.
One of the most practical features is the detached two-car garage.
The listing specifically suggests it could appeal to someone who works on vehicles or simply needs more room for tools, equipment and storage.
A separate storage shed provides even more outdoor storage.
The property is connected to public water and public sewer, and there is no homeowners association.
The home’s recent market history has changed substantially.
It was originally listed in March 2026 for $128,000 before the price dropped to $115,000 in June.
The property went pending more than once before returning to active status in September at the same $115,000 asking price.
Zillow currently identifies the property as a foreclosure, and public records show a sale of $63,829 in December 2025.
Annual property taxes are around $2,680 based on the latest Redfin records, while the 2026 assessed value is approximately $134,400.
For buyers looking for a completely updated home, this foreclosure should be evaluated carefully.
But for someone focused on space, garage capacity and a lower purchase price, 325 W 8th Street S offers a potentially interesting opportunity.
With two bedrooms, 1.5 bathrooms, 1,376 square feet, an enclosed porch, basement, large backyard and detached two-car garage, this Newton property is currently listed for $115,000.
Listed on Zillow