Iola Homes with USDA Loan Financing

Iola Homes with USDA Loan Financing

Welcome to Iola, a charming city located in Allen County, Kansas. Known for its friendly community and small-town charm, Iola offers a peaceful and welcoming atmosphere for residents of all ages.

For those looking to make Iola their home, there are plenty of housing options available, including homes eligible for USDA loan financing. This type of financing offers a great opportunity for homebuyers with low to moderate incomes to purchase a home in eligible rural areas. With favorable terms and competitive interest rates, USDA loans make homeownership more accessible for those who may not qualify for traditional financing options.

Whether you're a first-time homebuyer or looking to relocate to a more serene setting, Iola has a lot to offer. From historic homes with character to modern properties with all the amenities, there is something for everyone in this picturesque city. Enjoy the beauty of the Kansas landscape, explore local parks and trails, and experience the rich history and culture that Iola has to offer.

If you're considering making a move to Iola, now is the perfect time to explore the real estate market and discover the home of your dreams. With USDA loan financing available, your homeownership goals may be closer than you think. Contact a local real estate agent today to learn more about available properties and start your journey to calling Iola home.

Newest Iola Homes with USDA Loan Financing

$249,900
4 Beds ⋅ 3 Baths
This is a very nice ranch-style home on a large lot. This home has been well-maintained. The home has 4 bedrooms and 3 bathrooms. The home has lots of room, from a family room to nice size living room with a fireplace. This home has a second living quarters with a living room, kitchen, and Bedroom. This has a 2-car detached garage with a covered patio attached to the home. The home has a lot size of half an acre. You really need to see this property to appreciate all it has to offer.

220 W Garfield Street, Iola

Listing courtesy of John Brocker of Allen County Realty, Inc..
$69,999
3 Beds ⋅ 2 Baths
Solidly built and full of character, this 3-bedroom, 2-bath home offers 1,457 sq. ft. of comfortable living space with strong bones and plenty of upside. If you’re looking for an affordable entry into homeownership or a value-add opportunity, this property is a practical canvas ready for your updates and personal touches. Highlights: - Spacious floor plan with three bedrooms and two full baths — functional rooms that can be modernized to suit your style. - Large detached 2-car garage/shop with alley access — perfect for vehicle storage, a workshop, or extra project space. - Generous main living areas that flow well for everyday living and entertaining. - Quiet Iola location with easy regional access: about 1.5 hours to Kansas City and roughly 2 hours to Wichita and Tulsa. This home is priced and positioned for buyers who want affordability and potential. Bring your contractor or design ideas and turn this solid property into a comfortable, updated home — great for first-time buyers or investors seeking a straightforward renovation project. Schedule a showing today to see the possibilities.

716 E Lincoln Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.
$149,500
3 Beds ⋅ 1 Baths
Welcome home to 721 E. Garfield, Iola, KS! This beautifully updated 3-bedroom, 1-bath home is tucked away in a quiet neighborhood and offers the perfect combination of comfort, style, and outdoor living. Step inside to find new flooring throughout the living room, kitchen, and hallway, creating a fresh, modern feel. You'll also enjoy the peace of mind that comes with a new central heating and air system, installed just one year ago, keeping you comfortable year-round. The completely remodeled bathroom features a stunning Onyx walk-in shower, adding a touch of luxury to your daily routine. Outside, you'll love the large private backyard, complete with a brand-new privacy fence and a beautiful pergola—the perfect place to relax, entertain, or enjoy your morning coffee. A 1-car attached garage adds convenience and extra storage. If you're looking for a move-in ready home with quality updates in a peaceful location, this one is a must-see. Schedule your private showing today!

721 E Garfield Street, Iola

Listing courtesy of Gari Korte of Infinity Real Estate, LLC.
$165,000
4 Beds ⋅ 2 Baths
Stylishly remodeled home close to downtown shopping and restaurants! NEW metal siding, roof, gutters, windows, kitchen with a pantry and built-ins, downstairs bath, ship lap ceilings, flooring, mini splits (upstairs only) and more. Upstairs bath has had some updating. Hardwood floors. Built-ins including massive bookshelves in the office area off the living room. Huge attic storage area. Built-ins in hallway upstairs. Only the north side of the garage belongs to this property. Garage has a newer door. 180 square foot storage area attached to back of home also.

309 S Washington Avenue, Iola

Listing courtesy of Beth Mersman of The Kansas Property Place.
$209,000
4 Beds ⋅ 2 Baths
Charming turn-of-the-century home—meticulously maintained and move-in ready. This spacious 1900s residence features four generous bedrooms and two full baths, high ceilings, and oversized windows that flood the interior with natural light. Thoughtful updates include renovated kitchens and bathrooms plus modern HVAC and electrical systems completed within the last 10 years for comfort and peace of mind. Original character blends seamlessly with contemporary conveniences: bright, airy living spaces, ample storage, and quality finishes throughout. Enjoy the beautiful front porch and landscaped front yard—perfect for morning coffee or watching the neighborhood go by. The large, fully fenced backyard is a private oasis for family play, gardening, or entertaining, and a detached garage provides secure parking and extra storage. Quiet, well-cared-for property in a friendly neighborhood—ideal for growing families seeking classic charm with modern reliability.

221 S Colborn Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.
$339,000
4 Beds ⋅ 3 Baths
Charming and Masterfully Built Split-Level Home in a Highly Sought-After Neighborhood! Welcome to this meticulously maintained 4-bedroom, 3-bathroom split-level residence offering 1,650 sq ft of comfortable above-ground living space, plus an expansive 1,470 sq ft basement. Standing out with superior, high-quality conventional frame construction featuring robust 2x6 studs, this home offers exceptional structural integrity and excellent energy efficiency. Situated on a massive 15,300 sq ft lot with a 100' frontage in a desirable Iola location, it perfectly balances premium building quality with a fantastic setting. Key Highlights and Features: * Space and Comfort: Offers incredibly spacious bedrooms and large, full bathrooms designed for comfort. Features a wood-burning fireplace downstairs and an upstairs fireplace lined with stainless steel flues. * Recent Additions and Upgrades: A fantastic 14x18 shop was added in 2014, featuring its own wall A/C unit, dedicated breaker panel, and full insulation, perfect for hobbies or a workspace. * Outdoor Living: Enjoy the outdoors with a covered porch added in 2012, an expansive wood deck/patio area, and an integrated underground drainage system off the back roofs. * Mechanicals and Utilities: Equipped with a dual-zone electric heat pump system (upstairs unit updated in 2011, downstairs in 2012) serviced regularly every fall. Features an automatic lawn sprinkler system to keep the spacious grass lawn vibrant. * Appliances Included: Move-in ready with a dishwasher and washer/dryer (updated in 2022), trash compactor (2025), two refrigerators, a built-in oven and cooktop staying with the property. Complete with an attached 600 sq ft garage, this remarkably solid home is ready for its next chapter. Schedule your tour today!

21 W Edwards Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.
$269,000
3 Beds ⋅ 2 Baths
New 2026 Ranch with Massive Tax Savings Whether you’re looking for a perfect first-time home or are an empty nester ready to downsize into effortless, one-level living, this brand-new 2026 construction is designed for your future. This 1,296 sq. ft. ranch offers three bedrooms, two full bathrooms, and a lifestyle defined by modern efficiency and local adventure. *Unbeatable Financial Advantage: 95% Tax Abatement* This home comes with a game-changing financial benefit: a 10-year, 95% property tax abatement estimated $60,000 over 10 years!! *Keep Your Money:* Receive 95% of your property taxes back every year for the next decade. *Incredible Affordability:* This massive savings significantly lowers your monthly carrying costs, providing budget stability that is perfect for those starting out or planning for retirement. Premium Interior Features: All Brand New Appliances: Move in with total peace of mind; the kitchen comes fully equipped with a complete set of brand-new, modern appliances. Primary Suite Luxury: The spacious primary bedroom features a large walk-in closet and an ensuite bath with a contemporary walk-in shower. Modern Efficiency Experience the comfort of 2026 building standards, ensuring low utility bills and a maintenance-free lifestyle. *Attached Garage:* Stay out of the elements with convenient, direct interior access. Adventure Out the Back Door: Located in a quiet new development, your backyard is a gateway to the best recreation in the region. The *Prairie Spirit Trail* is literally at your back door. *Direct to Lehigh Portland Quarry:* Follow the Prairie Spirit Trail directly from your home to the stunning Lehigh Portland Quarry. Enjoy easy access to the spring-fed lake and the beautiful park features that are a new highlight for Iola. Don’t miss this opportunity to own a high-quality home with a tax incentive that is second to none. Schedule your showing today and see why this is the smartest move in Iola!

504 McGuire Drive, Iola

Listing courtesy of Jennifer Chester of Crown Realty.
$139,900
2 Beds ⋅ 1.5 Baths
***SAVE MONEY ON TAXES***This home is on the Iola Neighborhood Revitalization Program! For the next 10 years save on your taxes! This stunningly remodeled home features 2 bedrooms, a dedicated home office, and 1.5 baths, all anchored by gorgeous refinished hardwood floors. No detail was overlooked in this top-to-bottom renovation, boasting a brand-new roof, HVAC, electrical, and plumbing for ultimate peace of mind. Appliances stay! New stove, new dishwasher, New Washer & Dryer! The heart of the home is the beautifully updated kitchen, perfect for preparing meals before heading out to the Iola Square. Enjoy your morning coffee on the new front walkway or host weekend BBQs in the backyard behind your brand-new privacy fence. Truly move-in ready and just a short, walkable distance to local shopping and dining! Home has previously been inspected repairs were made. Come check it out!

106 W Neosho Street, Iola

Listing courtesy of Shelby Eaks of United Real Estate Kansas City.
$147,000
4 Beds ⋅ 2 Baths
This renovated 1.5-story charmer offers a mix of original character and recent updates. NEWER kitchen, windows, central heat and air, sewer line and water heater. Large pantry for all your goodies. Original woodwork including hardwood floors. A wrap-around porch invites you to sit, relax and enjoy your company. A handicap accessible ramp is helpful for those in need. Detached oversized 288 square foot 1-car garage has a concrete floor and an attached 168 square foot shed.

214 S Cottonwood Street, Iola

Listing courtesy of Beth Mersman of The Kansas Property Place.
$89,000
This commercial property is turnkey ready for a business. Fully furnished with offices, desk, chairs, and refrigerator in kitchen area. With commercial space becoming hard to find take a look at this wonderful space.

211 South Street, Iola

Listing courtesy of Derrik McCall of Infinity Real Estate, LLC.
$162,000
3 Beds ⋅ 2 Baths
**Welcome Home to This Stunning Brick Ranch!** This charming 3-bedroom, 2-bathroom brick ranch sits on a spacious corner lot and is officially ready for its new owner! Experience true peace of mind with a fully renovated home that combines classic curb appeal with modern updates throughout. Key Features & Recent Updates: Brand New Roof: Included with the home, offering years of worry-free protection and added energy efficiency. Beautiful Brick Exterior: Timeless style with excellent curb appeal on a prominent corner lot. Modern Kitchen: Completely updated with new appliances, contemporary finishes, and ample workspace. Refined Interior: Three comfortable bedrooms and two full bathrooms featuring stylish, modern fixtures. Outdoor Space: A generous corner lot providing plenty of yard space for gardening, play, or entertaining. Don’t miss this opportunity to own a meticulously renovated, "move-in ready" home in a desirable location. Schedule your showing today!

123 W Douglas Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.
$55,000
The Ultimate Basecamp for Your Gear & Toys! Tired of hauling your boat, jet skis, or hunting gear back and forth every weekend? Stop towing and start relaxing. This newer 54 x 35 metal shop (built in 2022) in Gas, KS, is the secure, turnkey storage solution you’ve been looking for. Located just four blocks north of Highway 54, this property offers a strategic "pit stop" for anyone heading toward Lake of the Ozarks or out-of-state hunters looking for a private, secure hub to store their equipment year-round. Why This Shop Works for You: * Massive Space: 1,890 sq. ft. featuring 4 bays to accommodate multiple vehicles, boats, or trailers. * Built to Last: Durable metal construction with a solid concrete floor. * High-End Power: Already equipped with 220V/200A electric, perfect for charging batteries, running tools, or keeping a deep freezer ready for your next catch or harvest. * Prime Corner Lot: Situated on a spacious 0.43-acre triple lot with plenty of room to maneuver large trailers. * Secure & Private: Ditch the monthly storage unit fees and enjoy 24/7 access to your own private, locked facility. Whether you need a "toy box" for your lake gear or a secure locker for your UTVs and hunting blinds, this property is ready to go on day one. With all utilities available in the area, you even have the flexibility to add a small residence or cabin in the future. Stop hauling and start storing! Properties this functional and conveniently located don't stay on the market long. Call today to schedule your showing and secure your new basecamp.

324 N Osborne Street, Iola

Listing courtesy of Jennifer Chester of Crown Realty.
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