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    Fort Madison, IA
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    Fort Madison, IA Apartment Buildings for Sale

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    Niota, IL Montrose, IA Nauvoo, IL Wever, IA Donnellson, IA Dallas City, IL Keokuk, IA Argyle, IA
    Spacious Mixed-Use Building with Apartments
    Updated: Mar 7, 2024
    Spacious Mixed-Use Building with Apartments

    820 Avenue G, Fort Madison, IA 52627

    $174,900
    8,780 sqft
    Large 8780 sq. ft. building with flexible space: 4390 sq. ft. on main floor and 4390 sq. ft. on second floor.
    Two 2‑bedroom/1‑bath apartments on the second level provide immediate rental income.
    Updated features include a new roof, two new furnaces, and two new central air units.
    Main floor features a bar with sink and an updated bath.
    Additional space on the third floor offers potential for further development.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Fort Madison, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Building Apartment Complex
    Multi-Building Apartment Complex

    219 S F St, La Harpe, IL 61450

    Contact for pricing
    10,296 sqft

    12-unit complex in three buildings with separate electric meters, water service, baseboard heat, and window A/C.

    View details
    24-Building Apartment Complex
    24-Building Apartment Complex

    900 Wigwam Hollow Road, Macomb, IL 61455

    $3,400,000

    Apartment complex offering 105 units across 24 buildings, with in-unit stove, refrigerator, washer, and dryer.

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    12-Unit Apartment Building with Laundry Rooms
    12-Unit Apartment Building with Laundry Rooms

    219 S F Street, La Harpe, IL 61450

    $399,900

    12-unit apartment building in excellent condition with separate electric meters and water plus laundry rooms in each building.

    View details
    10-Unit Multifamily Property
    10-Unit Multifamily Property

    601 W Orchard Dr, Macomb, IL 61455

    Contact for pricing

    Ten units across two buildings in central Macomb, within walking distance of Western Illinois University.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Fort Madison, IA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Fort Madison, IA on our real estate platform. These investment opportunities span a total of 8,780 square feet of properties for sale, with an estimated market value of $174,900.

    Sale prices for two-family homes in Fort Madison, IA average $174,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) +0.2%
    Median Household Income $54,864
    College Educated 25.4%

    High-Yield Neighborhoods for Investment

    Identify Fort Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    52627 $174.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $34.08 per SF
    Tax Rate vs County Average 0.23 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lee County

    Residential Income

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