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Renovated Triplex with Carriage House
For Sale
$149,900
Pending

315 Morgan Street, Keokuk, IA 52632

Three-unit property with updated interiors, varied layouts, and a detached carriage house currently used for storage.

Property Size3,122 SF
Days on Market548

Property Features for 315 Morgan Street

General Information

Standard status Pending
Size 3,122 SF
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,282

Building Details

Year Built 1880
Buildings 2
Listing Agency: Weichert Realtors-The Massimo Group
Listed By: Lisa M Johnson · License #***
Source: Exitrealty
Added: Mar 1, 2025 Changed: Aug 31 Last Checked: Aug 31 at 1:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors-The Massimo Group

Investment Insights

Based on property information with market context.

Located at 315 Morgan Street in Keokuk, Iowa, this 3,122-square-foot triplex was built in 1880 and includes three distinct residential units plus a rear carriage house used for storage. The main-level unit offers two bedrooms, one updated bathroom, an open living area, new flooring, cabinets, countertops, appliances, and windows. The upper unit features premium appliances, granite countertops, a modern bathroom with walk-in shower, new windows, a finished walk-up attic, and a mini-split system. The third unit has a private entrance, one bedroom, one bathroom, new carpeting, window A/C, and boiler heat.

Key Highlights

  • 3,122 SF triplex built in 1880
  • Three units with 2‑bedroom and 1‑bedroom layouts
  • Rear carriage house currently used for storage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Locksmith HVAC Service Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby

Demographics for 52632, IA

12,006
Population
5,793
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
51.8 sq mi
ZIP Area
232
Density / Sq Mi
$52,547
Median Household Income
$32,407
Median Earnings
$803
Median Rent
$108,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with updated interiors, varied layouts, and a detached carriage house currently used for storage.
Where is this triplex located?
The property is located at 315 Morgan Street Keokuk, IA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 3,122 SF triplex built in 1880; Three units with 2‑bedroom and 1‑bedroom layouts; Rear carriage house currently used for storage
More about this property
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