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540 SW 8 Street, Oelwein, IA 50662

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For Sale

$124,900

1 beds • 1 baths • 860 sqft

Estimated Payment

$ 698 /mo. †

6.76% APR for 30 yrs.
$592 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $145.23
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to 540 8th St. SW in Oelwein, Iowa a stunningly remodeled home that perfectly blends modern upgrades with serene natural beauty. Nestled on the southwest edge of town, this property has undergone a comprehensive transformation, ensuring it s move-in ready with no detail overlooked. From the moment you arrive, you ll be impressed by the all-new exterior, including a durable roof, windows, siding, and a double-wide concrete driveway leading to a spacious back patio. Step inside to discover a beautifully redesigned interior, featuring fresh sheetrock, sleek new lighting fixtures, and a completely remodeled full bath. The heart of the home is its brand-new kitchen, boasting GE Slate appliances, elegant quartz countertops, and a stackable washer and dryer for convenience. Additional upgrades include a new furnace and central air, making this home as efficient as it is stylish. Set on a 360-foot deep lot that extends into tranquil timberland, the backyard offers a peaceful retreat where you ll often find wildlife wandering by. Whether you're relaxing on the back patio or enjoying the quiet surroundings, this home invites you to simply sit back and enjoy life. With so much care and attention put into every inch of this home, it s clear that this is a rare find one you won t want to miss. Come see for yourself!
MLS# 20250417

Courtesy Of Berkshire Hathaway HomeServices One Realty Centre

(319) 233-7000

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.5 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 540 SW 8 Street, Oelwein, IA 50662

Home seller CENTURY 21 Signature Real Estate

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CENTURY 21 Signature Real Estate

(319) 283-2211
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $649
  • Property Taxes
    $49
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $698

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Wings Park Elementary School

Grades 1-4 Public School

Oelwein, IA 50662 1.4 miles
111 8th ave ne

352 total students
11:1 Student teacher ratio

School Rating: D-

School Details

Oelwein Middle School

Grades 5-8 Public School

Oelwein, IA 50662 1.3 miles
300 12th ave se

389 total students
17:1 Student teacher ratio

School Rating: C-

School Details

Little Husky Learning Center

Grades PK-KG Public School

Oelwein, IA 50662 1.1 miles
317 8th ave se ste d

199 total students
18:1 Student teacher ratio

School Details

Oelwein High School

Grades 9-12 Public School

Oelwein, IA 50662 1.1 miles
315 8th ave se

376 total students
15:1 Student teacher ratio

School Rating: C

School Details
Other Nearby Schools Distance Type Grades School Rating
Rural Elementary School #1 4.2 miles Public KG-8
Rural Elementary School #2 4.9 miles Public KG-8
Rural Elementary School #3 5.7 miles Public KG-8
Rural Elementary School #4 5.9 miles Public KG-8

Rural Elementary School #1

Distance: 4.2 miles

Type Public

Grades: KG-8

Rural Elementary School #2

Distance: 4.9 miles

Type Public

Grades: KG-8

Rural Elementary School #3

Distance: 5.7 miles

Type Public

Grades: KG-8

Rural Elementary School #4

Distance: 5.9 miles

Type Public

Grades: KG-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Oelwein, IA 50662

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Oelwein, IA 50662

This community’s employment is highest in the administrative support and sales industries. The area’s overall household expenses are below the national average.

84° July
Hottest Average Month
7° January
Coldest Average Month
2,977 Total Households in Area
-0.6% Increase in population since the year 2010
23%
of households
have children
20 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Oelwein, IA 50662

Oelwein, IA 50662 has a population of 7,068 people in 2,977 households with a median age of 45.5 years old.

-0.6%
Decrease in population
since the year 2010
Population is Trending down
3,052
Total households as of 2010
-0.3%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 45.5 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 91%
Hispanic 4%
Black 1%
Other <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 91%, followed by Hispanic at 4%, Black at 1%, and Other at <1%.

Economics
for Oelwein, IA 50662

107 /sq mi
Population Density
$46,148 /yr
Median Household Income
$105,000
Median Sales Price
20 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.33% of the households.

Transportation to Work

  • Drive 90%
  • Walk or Bike 6%
  • Work from Home 4%
  • Public Transit 0%

Occupancy by Type

Owned 2,005 58%
Rented 972 28%
Vacant 477 14%

White vs Blue Collar Jobs







White Collar 52%
Blue Collar 48%

Family & Education Facts
for Oelwein, IA 50662

45.5 Median Age

Average Household Size

2.3
persons per
household

35.8%

Married Households

Community Population By Education

High School Graduate 48%
Some College 20%
Associates Degree 10%
Some High School 9%
Bachelors Degree 9%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 48.01% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23% of households have children

Weather
for Oelwein, IA 50662

The weather for this area ranges from a high of 84° F in July to a low of 7° F in January

84° July
Hottest Average Month
7° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
7°
25°
Feb
12°
30°
Mar
23°
42°
Apr
36°
58°
May
47°
70°
Jun
57°
79°
Jul
61°
84°
Aug
59°
82°
Sep
50°
74°
Oct
39°
62°
Nov
26°
44°
Dec
13°
30°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Northeast Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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