3.04 Acres of Land for Sale in Peru, IA
$349,900|Listed: Jun 18, 2026
MLS#711169090
2813 Millstream Avenue, Peru, Madison County, Iowa
Status:Active
Property Type
- Acreage
Acreage
3.04 acres
County
Madison
Format
Sale
Features
- Water Well
- Rural Water
Description
Endless possibilities await on this unique 2.21A Peru acreage with 4 total bedrooms and 5 total bathrooms! The original 1.5-story home is full of character, featuring beautiful hardwood floors, a bright front living room with large windows, a spacious kitchen, a formal dining room and convenient 3/4 bath with laundry. Upstairs you'll find two generously sized bedrooms and a full bathroom. One standout feature of the property is the detached ADU, converted from what was originally a 2-car detached garage. It includes a main-floor studio apartment with a kitchenette and full bathroom, plus a second but separate studio apartment upstairs with the same details—ideal for guests, extended family, rental income, or a home office. It can also be converted back to garage space if desired. The incredible shop built in 2020 is designed for work and play with room for four or more vehicles, a car lift, heating, A/C, air lines, floor drains, 200-amp service, 14' ceilings, an 18'x12' overhead garage door, and a storage catwalk. It also includes an approx 16'x52' finished rec/living space complete with a kitchenette and bathroom, offering even more flexibility! Additional storage sheds complete this one-of-a-kind property with the perfect blend of comfortable acreage living, income potential, and exceptional workspace! Come see today!
Listing Agent

Bailey Wheeler
Coldwell Banker, The Property Exchange
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