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Duplex with Three-Car Garage
For Sale
$76,900
Pending

2711-2713 Avenue K, Fort Madison, IA 52627

Two-level rental property with separate tenant-paid utilities, central air, and a detached garage.

Property Size2,174 SF
Days on Market587

Property Features for 2711-2713 Avenue K

General Information

Standard status Pending
Size 2,174 SF
Total Parking Spaces 3
Property subtype Multi Family

Units

Unit Mix 3BR/1BA, 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,528

Building Details

Year Built 1890
Listing Agency: KLM Realty
Listed By: Cynthia Otte · License #***
Source: Exitrealty
Added: Jan 22, 2025 Changed: Aug 31 Last Checked: Aug 31 at 4:22PM

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 KLM Realty

Investment Insights

Based on property information with market context.

This 2,174-square-foot duplex, built in 1890, contains two separate residences. The lower unit offers three bedrooms and one bathroom, while the upper unit includes two bedrooms and one bathroom. Each residence is served by its own utilities, with two water heaters, two furnaces, and two central air systems. Tenants pay the separately metered utilities.

Exterior improvements include a three-car garage and yard space. The house roof was replaced in 2018, and the garage roof was replaced in 2023. Two newer water heaters are also in place, supporting the property’s separate-unit configuration.

Key Highlights

  • Duplex with 2,174 square feet and two residential units
  • Lower residence has 3 bedrooms and 1 bathroom; upper residence has 2 bedrooms and 1 bathroom
  • Separate utilities are paid by tenants

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Real Estate Agency Big Box & Wholesale Store Pet Store Nursing Home

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 52627, IA

12,350
Population
6,134
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
95%
High-School Grad
63.9 sq mi
ZIP Area
193
Density / Sq Mi
$54,864
Median Household Income
$39,058
Median Earnings
$830
Median Rent
$111,700
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?
Duplex - Two-level rental property with separate tenant-paid utilities, central air, and a detached garage.
Where is this duplex located?
The property is located at 2711-2713 Avenue K Fort Madison, IA.
What is the asking price?
The asking price for this property is $76,900.
What are key features of this property?
This property features: Duplex with 2,174 square feet and two residential units; Lower residence has 3 bedrooms and 1 bathroom; upper residence has 2 bedrooms and 1 bathroom; Separate utilities are paid by tenants
More about this property
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