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    305 Avenue E Fort Madison, IA 52627

    For Sale
    $80,000

    Duplex - Fort Madison, IA

    Type:Duplex
    Property size:
    2,256 SF
    Lot size:
    0.17 Acres
    Days on Market:
    48
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 305 Avenue E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    APN
    024715032520190
    Size
    2,256 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1877
    Number of units
    2
    Building materials
    Metal Siding
    Architectural style
    Other

    Fraise Auction Real Estate (319) 372-9121

    Listing agent Dan Roach (319) 372-9121 License #***

    Listing date Oct 28, 2025

    MLS# 6330993 Listing URL

    Copyright © 2025 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Madison Duplex Investment Property

    This duplex is located near Old Settlers Park and the downtown area of Fort Madison, Iowa. The property contains two units, each featuring two bedrooms and one full bathroom located on the second floor. Each unit also includes separate, spacious living and dining rooms. Shared access is available to the basement, where separate laundry facilities and utilities are located for each unit. The tenants are responsible for paying all of their own utilities. The lot size is 0.17 acres and the property size is 2256 square feet. This property is an investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Madison
    County
    Lee
    State
    Iowa
    Longitude
    -91.302808
    Latitude
    40.633108

    Nearby Similar for Sale

    • $42,500
      2,830 SF

      Fort Madison Triplex Opportunity

      Triplex in Fort Madison, Iowa, ideal for investors.
      602 11Th St, Fort Madison, IA 52627
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex near Old Settlers Park, a great investment opportunity.
    Where is this duplex located?
    The property is located at 305 Avenue E Fort Madison, IA.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Investment property with two occupied 2-bedroom units.; - Close proximity to Old Settlers park and downtown area.; - Each unit has separate living and dining rooms.
    (319) 372-9121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    305 Avenue E Fort Madison, IA 52627
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