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Updated Apartment Building
For Sale
$299,500

227 Morgan St, Keokuk, IA 52632

Apartments offer living rooms, kitchens, bedrooms, baths, and patio areas off the kitchens.

Property SizeContact for details
Days on Market91

Property Features for 227 Morgan St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $8,510

Amenities

on-site laundry

Building Details

Year Built 1950
Listing Agency: The People's Real Estate
Listed By: Vicki Briscoe
Source: Exprealty
Added: Jun 1 Changed: Aug 29 Last Checked: Aug 29 at 2:17PM

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 The People's Real Estate

Investment Insights

Based on property information with market context.

Located at 227 Morgan St in Keokuk, this apartment building has been part of the community since 1950. Individual residences are arranged with a living room, kitchen, bedroom, bathroom, and a patio connected to the kitchen area.

Recent property work includes interior painting throughout the apartments, replacement guttering, and selected upgrades to refrigerators, furnaces, and water heaters. Plumbing improvements have also been completed in the kitchens and bathrooms. A shared utility room provides two washers and two dryers for resident use.

Key Highlights

  • Apartment building serving Keokuk since 1950
  • Each apartment includes a living room, kitchen, bedroom, and bathroom
  • Patio area provided off each kitchen

Property Analytics

Current Use

Apartment buildings

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.

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?
Apartment building - Apartments offer living rooms, kitchens, bedrooms, baths, and patio areas off the kitchens.
Where is this apartment building located?
The property is located at 227 Morgan St Keokuk, IA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Apartment building serving Keokuk since 1950; Each apartment includes a living room, kitchen, bedroom, and bathroom; Patio area provided off each kitchen
More about this property
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