Fantastic investment or home equity opportunity to own a rare in-town acreage in the desirable Morningside neighborhood near Gordon Drive and Western Iowa Tech Community College--- recently appraised at $390k! Situated on a full acre (two parcels totaling 1 acre), this property offers space, privacy, and incredible potential. The home features a charming original bungalow with a thoughtfully designed addition completed around 2000, along with a spacious three-stall garage. Major updates have already been taken care of, including a new roof, furnace, and central A/C (2022), new gutters (2025), and a new stand-up shower in the main bathroom giving you peace of mind as you bring your own interior design vision to life and build instant equity. Inside, you ll appreciate the convenience of main-floor laundry and the opportunity to expand your living space by finishing the basement for additional square footage. This flex space has a separate entrance and could also be made into an in-law suite or a separate apartment for additional income. Outside, the secluded backyard offers a private retreat where you can enjoy blooming lilacs and frequent visits from deer and turkey. Looking for flexibility? With two parcels included, there s potential to sell the back lot for a future new build making this an excellent investment opportunity. This estate property is being sold as-is and also includes 5011 Stone Avenue, parcel #894736326008. Don t miss your chance to transform this unique acreage into something truly special.