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    628 Avenue F Sawyer, IA 52627

    For Sale
    $239,500

    Quadruplex - Fort Madison, IA

    Type:Quadruplex
    Property size:
    4,755 SF
    Lot size:
    0.17 Acres
    Days on Market:
    99
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 628 Avenue F

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    APN
    024715031830040
    Size
    4,755 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    1928
    Number of units
    5
    Building materials
    Brick
    Architectural style
    Other

    Fraise Auction Real Estate (319) 372-9121

    Listing agent Carla McEntee (319) 372-9121 License #***

    Listing date Aug 30, 2025

    MLS# 6329815 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 Income Property

    This five-unit apartment building offers income-producing potential. Renovations have been completed, and all units are currently occupied. The property includes four garage stalls that could generate additional income. A newer roof has been installed. Each unit features hardwood flooring, updated lighting, and appliances. The property is located at 628 Avenue F in the historic downtown district of Fort Madison, Iowa. The lot size is 0.17 acres and the building size is 4755 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    Sawyer
    County
    Lee
    State
    Iowa
    Longitude
    -91.30934
    Latitude
    40.631749

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building in Fort Madison's historic downtown district.
    Where is this apartment building located?
    The property is located at 628 Avenue F Sawyer, IA.
    What is the asking price?
    The asking price for this property is $239,500.
    What are key features of this property?
    This property features: - Income-producing potential with 5 currently occupied units; - Four garage stalls offer additional income potential; - Recent renovations completed
    (319) 372-9121
    Request Owner's contact information
    628 Avenue F Sawyer, IA 52627
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    Sawyer, IA 52627
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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
    628 Avenue F Sawyer, IA 52627
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