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Ernest Abell

ernieabell.realty@hotmail.com +1(641) 414-3893

Listed by Nate Ames Vandenberg Real Estate

$ 395,000

Est. payment | -/mo

2,040 SqFt

Save

$ 395,000

Est. payment | -/mo

Save

2,040 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,040 sqft

Price per Sqft $193

MLS Listing ID NOC6341811

Year Built 1992

Annual Tax Amount $7,910

Tax Year 2024

Lot Dimensions 0.49 Acres; 21,229 SF 0.28 Acres; 12,262 SF

Property Sub-Type Quadruplex

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.

Location

State IA

County Lee

Area 2040

Direction 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

Rooms

Basement None

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Spaces 4.0

View Y/N true

Accessibility None

Building

Story 2

Sewer City Sewer/Connected

Water Public

Structure Type Vinyl Siding

Schools

School District 3312 - Keokuk

Others

Energy Description Natural Gas

Acceptable Financing NOC6341811

Listing Terms NOC6341811

Schools and Properties Nearby

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+1(641) 414-3893

ernieabell.realty@hotmail.com

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503 N 3rd St Keokuk, IA 52632