402 Mechanic Street, Decorah, IA 52101

Taking back up offers. Welcome to 402 Mechanic Street, a unique opportunity just a few blocks from downtown! With access from both Mechanic Street and Jefferson Street, this property sits on a spacious 0.4-acre lot in the heart of town, offering the perfect blend of classic charm, functional space, and future flexibility. The main home is a 1½-story residence featuring three generously sized bedrooms and 1½ baths, ideal for comfortable living. A large wrap-around porch invites you to relax and enjoy the peaceful neighborhood, while a brand-new sidewalk and new garage siding add to the curb appeal and convenience. The home also boasts a dry basement, giving you peace of mind and extra usable space. A standout feature of this property is the additional main-floor living space located at the back of the home. Currently set up as a one-bedroom apartment, this space offers great flexibility—it can easily be converted back into a single-family layout or continue as a separate living unit for guests, extended family, or rental income. With two detached garages—a two-car for the main house and a one-car for the apartment—there’s ample storage and parking. Whether you're looking for a multi-generational setup, income potential, or simply room to spread out, this in-town gem offers possibilities rarely found so close to downtown. Schedule your showing today to explore all the options at 402 Mechanic Street!