Calling all investors and flippers—this income-producing opportunity is primed for your vision, with major mechanical updates already completed and endless upside waiting to be unlocked! A unique opportunity to own a full acre in the heart of Morningside, with direct, walkable access to Gordon Drive and Western Iowa Tech Community College. Combining two parcels totaling one acre, this property blends privacy, space, and serious investment potential in a great location! The home pairs a charming original bungalow with a thoughtfully designed addition completed around 2000, complemented by a spacious three-stall garage. The heavy lifting has already been done — a new roof, furnace, and central A/C (2022), updated gutters (2025), and a refreshed main bathroom shower mean you can focus your energy on personalization and finishing touches. Main-floor laundry adds everyday convenience, and the unfinished basement — complete with a separate entrance — offers excellent potential as additional living space, an in-law suite, or an income-producing apartment. Outside, a secluded backyard provides a genuine private retreat, with blooming lilacs and regular visits from deer and turkey creating a peaceful, nature-filled setting — all within city limits. The two-parcel configuration also opens the door for investors: retain both lots or sell the back parcel for a future new build. Sold as-is and inclusive of 5011 Stone Avenue (parcel #894736326008), this is a rare chance to secure an in-town acreage with equity already built in and a vision waiting to be realized.