Madrid Homes under $600,000

Madrid Homes under $600,000

Welcome to Madrid, Iowa—a charming small town nestled in Boone County, where the spirit of community meets the beauty of the Midwest. Known for its friendly atmosphere and picturesque landscapes, Madrid is a hidden gem that offers a delightful blend of rural charm and convenient access to urban amenities.

As you explore the options for homes under $600,000 in Madrid, you’ll discover a variety of delightful properties that cater to diverse lifestyles. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Madrid has something special for everyone. From cozy bungalows to spacious family homes, each property reflects the warmth and character of this lovely town.

Living in Madrid means enjoying the tranquility of small-town life while being just a short drive from the vibrant city of Ames and the bustling heart of Des Moines. Residents can indulge in local shops, restaurants, and parks, making it easy to embrace both community and nature. With an array of outdoor recreational opportunities, including nearby trails and lakes, you’ll find plenty of ways to enjoy the stunning Iowa landscape.

The real estate market in Madrid is thriving, with homes under $600,000 offering great value and a chance to invest in a welcoming community. Imagine evenings spent strolling through charming neighborhoods or gathering with friends at local events. With a strong sense of belonging and a bright future, Madrid, Iowa, is the perfect place to call home. Discover your dream home today in this wonderful town, where every day feels like a warm embrace.

Newest Madrid Homes under $600,000

914 West 8th Street, Madrid
$260,000
3 Beds ⋅ 3 Baths ⋅ 750365 MLS
Secluded Madrid Retreat on 0.67 Acres! Enjoy the privacy and peaceful setting of this charming three-bedroom home nestled on a spacious 0.67-acre lot on the west edge of Madrid. Surrounded by mature trees, this property offers a secluded feel while still being conveniently located in town. The home features three bedrooms and plenty of outdoor space to enjoy. A one-and-a-half-car garage provides parking and storage, while the large lot offers room to spread out and enjoy nature. Pet lovers will appreciate the dedicated dog run, and the property includes apple and cherry trees that add beauty and seasonal enjoyment. If you're looking for a home with space, privacy, mature trees, and a generous yard, this Madrid property is one you won't want to miss! Professional inside photos will be updated on Friday

914 West 8th Street, Madrid
1839 330th Street, Madrid
$599,900
6 Beds ⋅ 2 Baths ⋅ 749085 MLS
Discover space, flexibility, and country living in this spacious 6-bedroom, 2-bath walk-out ranch near Madrid. Situated on an acreage with paved road access, this property offers generous living areas on both levels, multiple outdoor living spaces, ample garage space, and an additional outbuilding. The well-equipped kitchen features a gas range with triple-ring burners, convection oven, range hood, stainless steel appliances, and a large single-bowl sink. Five of the six bedrooms offer space to accommodate king-size bedroom sets, while the additional rooms provide flexibility for a home office, hobby space, exercise room, or other uses. The walk-out lower level expands the usable living space and provides convenient access to the outdoors. Two sets of washers and dryers add everyday functionality. Outside, enjoy multiple areas for relaxing or entertaining along with the extra space and versatility offered by the acreage and outbuilding. Conveniently located near Madrid with access to surrounding communities, this property combines spacious indoor living, outdoor space, storage, and functionality in a country setting.

1839 330th Street, Madrid
121 Peterson Parkway, Madrid
$284,900
3 Beds ⋅ 3 Baths ⋅ 746800 MLS
Say goodbye to snow shovels and lawn mowers, the HOA's got you covered on both in this over 55 community! This three-bedroom, three-bath home is ready to make your life easier from day one. You'll love the living room and the convenience of first-floor laundry (because who wants to haul baskets up and down stairs?). Head downstairs and you'll find a huge family room with daylight windows that keeps things bright and cheerful, plus a guest bedroom, full bath, and a generous storage room perfect for guests or just spreading out. The extras don't stop there: cozy fireplace, tons of storage throughout, large kitchen and a two-car attached garage. You've got both front and rear decks for morning coffee or evening unwinding. Tucked into a quiet neighborhood with easy access to HWY 17, you're close to everything in Madrid, including walking distance to the middle school and high school. Don't let this one slip away!

121 Peterson Parkway, Madrid
611 E 1st Street, Madrid
$249,900
3 Beds ⋅ 2 Baths ⋅ 744213 MLS
Charming two story in Madrid with real character and the kind of updates that make life easier from day one. Step inside and you will notice the original hardwood floors right away, the kind with rich detail you just do not find in newer builds. The living and dining areas flow together nicely, giving you space to spread out or gather everyone in one place. The kitchen has been updated with newer appliances, so you can settle in without a project list waiting on you. There are three bedrooms total, including one conveniently located on the main level. That gives you flexibility for a primary suite, a guest room, or a main floor office without dealing with stairs. Upstairs you will find additional bedroom space along with two full bathrooms split between the levels. A bonus room upstairs is currently used as a closet and dressing area, but it would work just as well as a nursery, office, or a reading nook! On top of all that, the big ticket items are already handled. A new water heater & HVAC in 2026, and new siding went on in 2022, so you can move in knowing the important stuff is covered. This one offers comfortable living, solid updates, and a home that is ready for whoever walks through the door next. All information obtained from seller and public records

611 E 1st Street, Madrid
215 E Ninth Street, Madrid
$299,000
6 Beds ⋅ 4 Baths ⋅ 743921 MLS
The best way to describe this property? Opportunity. Three apartments and a connected upper-level studio make this property anything but ordinary. Whether you're looking for rental income, a place to call home, or a little of both, there are plenty of ways to make it work. You'll understand why once you step inside.

215 E Ninth Street, Madrid
407 N Market Street, Madrid
$249,900
4 Beds ⋅ 2 Baths ⋅ 743320 MLS
Great Location on this four bedroom, two bath home. Located on a quite dead end street with a short walk to Madrid Elementary School, Uptown Madrid and High Trestle Trail access. Open floor plane with over 1900 square feet of finished living area. Huge updated kitchen with island bar, lots of storage and appliances included. The main bedroom has an attached full bath with double vanity. The main level laundry could double as a fifth bedroom. The home is situated on a large fenced double lot with alley access to the rear yard. Updates include newer roof, privacy fence, Pex water lines, hardwood floors and kitchen update. There is a nice garden shed and one car garage. Plenty of room to build your dream garage or have a large garden. Call us today!

407 N Market Street, Madrid
309 E First Street, Madrid
$264,900
3 Beds ⋅ 2 Baths ⋅ 741468 MLS
Welcome to your private oasis in Madrid! It is incredibly rare to find a city home that offers both spacious interior living and an expansive outdoor retreat, making this beautifully maintained 3-bedroom, 2-bathroom residence a truly unique find. Inside, you will find a bright and airy floor plan featuring generous living areas with excellent natural light, perfect for both relaxing and entertaining. The three well-sized bedrooms offer plenty of flexibility for a growing family, guest quarters, or a dedicated home office. The true crown jewel of this property is the exceptionally large, unique lot—a literal needle in a haystack for the Madrid market. Step right off the back of the home onto a brand-new patio, your perfect spot for morning espresso, al fresco dining, or weekend barbecues. The patio overlooks a massive, fully fenced-in backyard that offers total privacy and security. This expansive green space is a completely blank canvas for whatever your heart desires, whether you want to cultivate a garden, create a secure play area, or give your pets room to roam. This home combines peaceful residential living with city convenience. Properties with this size lot and private outdoor space are a rare find and this one is priced aggressively for a quick sale. Schedule your viewing today before this incredible opportunity slips away!

309 E First Street, Madrid
2175 QM Avenue, Madrid
$469,000
5 Beds ⋅ 4 Baths ⋅ 741390 MLS
Enjoy the perfect blend of modern updates, spacious living, and acreage charm with this beautifully improved property situated on over 1.4 acres in a convenient location near Highway 17 for an easy commute! From the moment you step inside, you'll appreciate the extensive renovations, soaring ceilings, incredible natural light, and thoughtfully designed spaces throughout. The remodeled kitchen is truly a centerpiece featuring black stainless steel appliances, granite countertops, hickory cabinetry extending to the ceiling, and abundant workspace and storage. Newer major improvements include newer furnace and A/C, roof, gutters, tile system with sump pump, updated windows, updated tankless water heater, and more! The seller is also replacing the septic tank at/prior to closing, adding even more value and peace of mind for the future owner! The front entry welcomes you with convenient storage and a half bath before opening into the spacious main level featuring a large eat-in kitchen, dining area, and stunning living room with tall ceilings, custom beams details, gas fireplace, and tons of updated surface and recessed lighting. The layout also offers walkout access from both the main level and lower level, creating great flow between the indoor and outdoor living spaces. The lower level offers an additional living or entertainment space along with 3 bedrooms, a full bathroom, and laundry area.

2175 QM Avenue, Madrid
1958 S Avenue, Madrid
$600,000
3 Beds ⋅ 2 Baths ⋅ 741193 MLS
If you’ve been searching for a peaceful rural property with modern conveniences, acreage, and potential- this one checks all the boxes! Escape to peaceful country living with this beautiful newer-construction ranch situated on 3.48 acres. An open-concept layout and desirable split floorplan provides privacy and room to spread out. From the bright and airy living area to the spacious kitchen and dining space, entertaining and everyday living flows seamlessly. The primary suite is spacious and opens into a well-designed ensuite, complete with jetted tub & large tiled shower. The additional two bedrooms and full bathroom are thoughtfully separated from the main living space for added privacy and comfort. An unfinished basement provides endless opportunities to customize and expand to fit your needs. Adjacent 1.2 acre parcel is also for sale if you'd like to expand your acreage footprint! The acreage offers the ideal setup for hobby farming, horses, or simply enjoying wide-open spaces and country views. Bring your animals, equipment, and dreams — there’s room for it all.

1958 S Avenue, Madrid
814 E First Street, Madrid
$350,000
4 Beds ⋅ 3 Baths ⋅ 734874 MLS
Step into timeless charm with this 1960s brick ranch offering classic mid-century character and generous living space throughout. Almost 2000sqft of main level living offering 4-bedrooms and 1.5 baths with classic details of hardwood, tile & plantation shutters. Expansive living room, multiple dining areas and a 4 season porch provide plenty of space to spread out. The open basement offers incredible potential as a blank canvas for a recreation room, home gym or additional living space, in addition to laundry and 3/4 bath. Situated on a half acre, corner lot at the edge of town, you'll find a peaceful setting with easy access to the High Trestle Trail and all local amenities, including restaurants & bowling alley. Don't miss this rare opportunity for a little bit of country feel, in town!

814 E First Street, Madrid
Start Your Search