3-Bedroom Iowa Home With Multiple Shop Spaces Drops to $110,000

A well-maintained manufactured home in Lorimor, Iowa, has received a significant price reduction, bringing its current asking price down to $110,000.

Located at 720 2nd Street, the home was built in 1997 and offers approximately 1,140 square feet of living space with three bedrooms and two full bathrooms.

The property sits on approximately 0.49 acres, or 21,344 square feet, spread across what the listing describes as 2.5 lots.

At the current asking price, the home works out to roughly $96 per square foot.

The property had previously been marketed at $124,900 before receiving a $14,900 reduction to the current $110,000 price.

Inside, one of the most noticeable features is the large eat-in kitchen.

The space offers abundant countertop room, plenty of natural light and enough space for a sizeable dining table.

Appliances including the refrigerator, stove, dishwasher, washer and dryer are included with the sale.

The adjoining living room is also generously sized and features a large window along with newer carpeting.

The home’s primary suite provides more amenities than buyers might expect in a property at this price point.

The large bedroom includes a double closet and a private bathroom with a soaking tub and separate shower and toilet area.

Two additional bedrooms are also located on the main level, along with a second full bathroom.

Enclosed spaces at both the front and rear entrances create convenient drop zones where owners can leave coats, boots, bags or outdoor gear before entering the primary living areas.

Central air conditioning provides cooling, while gas forced-air heat serves the home during colder months.

City water and city sewer are connected.

Outside, the amount of storage and workspace is one of the property’s most unusual advantages.

A detached two-car garage provides covered parking, while the listing also highlights additional garage or shop space for tools, vehicles, recreational equipment and projects.

There is also an older house on the property that the previous owner used as a shop.

That additional structure is being sold strictly as-is and is specifically described as not livable.

Rather than functioning as another residence, the seller suggests it could potentially be used for storage, crafts, a workshop or other non-residential purposes.

The roofs on both the manufactured home and the older as-is structure were replaced in 2021, according to the listing.

Another unusual feature is an old root cellar that remains on the property, although the seller notes that it has not been used in years.

The home occupies a corner lot and has a gravel driveway.

There is no homeowners association.

Annual property taxes are currently listed at approximately $1,616.

The property entered its latest listing cycle on April 10, 2026, and remains actively marketed at $110,000.

For buyers who need more than just indoor living space, 720 2nd Street offers an interesting package.

With three bedrooms, two full bathrooms, a spacious primary suite, nearly half an acre, a two-car garage, additional shop space and several outbuildings, this Lorimor property combines affordable housing with plenty of room for storage and projects.

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Listed on Zillow

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