Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    718 Avenue E Fort Madison, IA 52627

    New
    Pending
    For Sale
    $262,000

    Quadruplex - Fort Madison, IA

    Type:Quadruplex
    Property size:
    4,206 SF
    Lot size:
    0.21 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 718 Avenue E

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Pending
    Zoning
    Residential-Multi-Family
    APN
    024715031790030
    Parking features
    Garage, Garage - Detached
    Size
    4,206 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    1920
    Number of units
    1
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Century 21/Property Profession (319) 753-6000

    Listing agent Gwen Wixom (319) 753-6000 License #***

    Listing date Dec 3, 2025

    MLS# 6327190 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

    Furnished Quadplex in Historic District

    Located in the Park-To-Park Historic District and within walking distance of the Mississippi River, this fully furnished quadplex is suitable for vacation rentals or mid-term rentals for traveling professionals. Each unit features one bedroom, a sunroom, a dining room, and a full kitchen with standard-sized appliances, including microwaves. Hot water heat and two window A/C units are included in each unit. Three units have their own dryer, and there are two washing machines in the basement. One unit has a stack washer/dryer. Each unit will be renting at $1,300 per month as of August 2025. The owner pays all utilities. Alternatively, each unit has individual electric meters for long-term rentals. A detached five-car garage offers separate space for each unit with electric garage openers. The property has separate electric meters for each unit and for the house (basement, foyer, back of building). Improvements include a new single-ply PVC membrane roof and additional insulation added in December 2022, along with two new garage doors and openers, refinished hardwood floors, and some newer plumbing and electrical work. The property is situated on a 0.21-acre lot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -91.310704
    Latitude
    40.632761

    Nearby Similar for Sale

    • $540,000
      2.41 Acres

      Versatile Manufacturing Facility For Sale

      Expansive manufacturing facility with office space, loading dock, and parking.
      1823 33Rd St, Fort Madison, IA 52627
      View Details
    • $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
    • $80,000
      2,256 SF

      Fort Madison Duplex Investment Property

      Duplex near Old Settlers Park, a great investment opportunity.
      305 Avenue E, Fort Madison, IA 52627
      View Details

    FAQs

    What type of property is this?
    Quadplex - Fully furnished 4-plex suitable for short or mid-term rentals.
    Where is this quadplex located?
    The property is located at 718 Avenue E Fort Madison, IA.
    What is the asking price?
    The asking price for this property is $262,000.
    What are key features of this property?
    This property features: - Fully furnished 4-plex in the Park-To-Park Historic District, ideal for vacation rentals or mid-term rentals.; - Located within walking distance to the Mississippi River.; - Detached 5-car garage with separate space and electric openers for each unit.
    (319) 753-6000
    Request Owner's contact information
    718 Avenue E Fort Madison, IA 52627
    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.
    718 Avenue E
    Fort Madison, IA 52627
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    718 Avenue E Fort Madison, IA 52627
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.