Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Keokuk Duplex Fixer Upper Title is generated by Realmo AI

    517-519 A Street, Keokuk, IA 52632

    View on Map
    Claim this Listing
    Picture of Duplexes at 517-519 A Street, Keokuk, IA
    Pending
    $49,000

    MULTI_FAMILY - Keokuk, IA

    Property size:
    2,664 SF
    Added:
    Jun 7, 2025
    Days on Market:
    341
    Last Refresh:
    May 13 at 11:06 am

    Property Features for 517-519 A Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Basement
    Partial
    Standard status
    Pending
    APN
    044521361090020
    Size
    2,664 SF

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    517-519 A ST #4749 REIDS LOTS 7-10 BLK 43 FR86.34' OF LOT 7 & PT OF LOT
    Tax Annual Amount
    966

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1928
    Floors in Building
    2
    Number of units
    2
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Steven Siegrist

    Listing agent Steven Siegrist License #***

    Listing office The People's Real Estate 423 Main St, Keokuk, IA

    Listing date Jun 7, 2025

    MLS# 6328423 Listing URL

    Copyright © 2026 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.

    HighLights

    • Duplex structure offers potential for rental income or multi‑generational living.
    • Separate utilities for each unit simplify management and tenant billing.
    • Each unit features a traditional layout with a kitchen, pantry, foyer, living room, and dining room.
    • Each unit has three bedrooms and a full bath on the second floor.
    • Durable vinyl siding exterior.
    • Public water source.

    Overview

    This duplex, located in Keokuk, Iowa, presents a renovation opportunity. Each unit features a first-floor layout including a kitchen, pantry, foyer, living room, and dining room. The second floor of each unit contains three bedrooms and a full bath. The property has separate utilities for each unit. The building has a total size of 2664 square feet and is being sold in its current condition.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Keokuk
    County
    Lee
    State
    Iowa
    Longitude
    -91.394575
    Latitude
    40.390832

    Nearby Similar for Sale

    • $75,000
      4,576 SF

      Spacious Keokuk Duplex For Sale

      Well-maintained duplex with ample living space and separate utilities.
      301 Morgan Street, Keokuk, IA 52632
      View Details
    • $800,000

      Iconic Downtown Investment Opportunity

      Multi-use commercial building with strong income and timeless character.
      629 Blondeau Street, Keokuk, IA 52632
      View Details
    • $39,900
      2,420 SF

      Keokuk Duplex: Investment Opportunity

      Side-by-side duplex with income and value-add potential.
      208 S 14Th Street, Keokuk, IA 52632
      View Details
    • $295,000
      26,000 SF

      Refurbished Gymnasium in Solid Brick Building

      Adaptable commercial property with refurbished gymnasium and large classrooms.
      914 Timea Street, Keokuk, IA 52632
      View Details
    • $115,000
      2,756 SF

      Keokuk Four-Unit Apartment Complex

      Four 1-bedroom units with income potential in Keokuk, Iowa.
      621 Concert Street, Keokuk, IA 52632
      View Details
    • $26,900
      1,746 SF

      Keokuk Duplex with Potential

      Duplex in Keokuk, Iowa, offering instant equity potential.
      613 N 10Th Street, Keokuk, IA 52632
      View Details
    • $22,500

      Downtown Flex Space Opportunity

      Versatile building suitable for office, shop, or warehouse use.
      18 S 11Th Street, Keokuk, IA 52632
      View Details
    • $855,000
      16,000 SF

      Keokuk Multifamily Investment Opportunity

      Two-building, 16-unit complex in Keokuk, Iowa, with 100% occupancy.
      1 Richards Drive, Keokuk, IA, 52632
      View Details
    • $54,900
      1,764 SF

      Keokuk Duplex with Garage

      Occupied duplex on corner lot with two-car garage.
      1329 Des Moines, Keokuk, IA 52632
      View Details
    • $799,000
      22,200 SF

      Keokuk Retail Investment Opportunity

      22,200 SF retail property with high visibility and expansion potential.
      3533 Main St, Keokuk, IA 52632
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex in Keokuk, Iowa, ideal for renovation.
    Where is this duplex located?
    The property is located at 517-519 A Street Keokuk, IA.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: Duplex structure offers potential for rental income or multi‑generational living.; Separate utilities for each unit simplify management and tenant billing.; Each unit features a traditional layout with a kitchen, pantry, foyer, living room, and dining room.
    (217) 256-3414
    We can help!
    Listing Contact
    Steven Siegrist
    Real Estate License ID: ***
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    517-519 A Street, Keokuk, IA 52632
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!