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503 N 3rd St, Keokuk, Iowa 52632

IA, Keokuk
$395,000
  • 2,040 Sqft
  • Residential Income Property Type
  • 1992 Year Built
  • Active Status
Property Description

RIVER VIEW QUADPLEX — INVESTMENT OPPORTUNITY WITH STRONG RENTAL HISTORY Exceptional opportunity to own a well-maintained two-story quadplex offering river views, desirable layouts, and excellent rental potential. Each of the four units features 2 bedrooms, 1 full bathroom, 1 half bathroom, a kitchen, and a comfortable living room, providing tenants with functional and appealing living space. Each unit also includes its own screened-in porch overlooking the river, creating a great outdoor space to relax and enjoy the scenic setting. In addition, every unit has its own individual garage stall, providing valuable off-street parking and additional convenience for tenants. All four units are currently occupied with lease agreements in place through 2026, offering an investor immediate rental income and an established tenant base. With four separate units, individual garage stalls, river views, and long-term leases already in place, this property presents an attractive opportunity for both seasoned investors and those looking to add a solid multi-family property to their portfolio.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 6341811
  • Price: $395,000
  • Square Footage: 2,040 Sqft
  • Year Built: 1992
  • Status: Active
  • Office Name: Vandenberg Real Estate
  • Property Sub Type: Quadruplex
Features
  • Heating System Forced Air
  • Basement None
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State IA
  • County Lee
  • City Keokuk
  • Zipcode 52632
  • Street: 3rd St
  • Street Number: 503
  • Longitude: W92° 37' 26.5''
  • Latitude: N40° 23' 50.2''
  • Directions: Turn north onto 3rd St. from Main St. Travel 5 blocks, property is on the corner of 3rd & Fulton. Sign will be in the yard
  • Street Dir Prefix: N
Additional Information
  • Accessibility Features: None
  • Construction Materials: Vinyl Siding
  • Garage: 4
  • Lot Size Dimensions: 0.49 Acres; 21, 229 SF 0.28 Acres; 12, 262 SF
  • Number Of Units Total: 4
  • Previous Price: 395000
  • Stories: 2
  • Water Source: Public
Financial
  • Tax Annual Amount: 7910
Map
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