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Mixed-Use Building with Four Apartments
For Sale
$95,000

606-610 9Th Street, Fort Madison, IA 52627

Historic commercial property combines adaptable storefront space with upper-level residential units and updated mechanical systems.

Property SizeContact for details
Days on Market109

Property Features for 606-610 9Th Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,244

Amenities

gas forced-air furnaces
central air
updated storefront windows
authentic pressed tin ceiling
original clawfoot tubs

Building Details

Year Built 1900
Buildings 1
Units 7
Tenancy Multi
Listing Agency: Fraise Auction & Real Estate
Listed By: Corey Fraise · License #***
Source: Sweeneyrealestate
Added: May 14 Changed: Aug 30 Last Checked: Aug 30 at 4:29AM

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 Fraise Auction & Real Estate

Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use property combines ground-floor commercial space with four one-bedroom apartments above. The lower level is configured as three storefront areas that may function independently or operate together, offering flexibility for retail, office, or other commercial occupancy supported by the existing layout. Interior finishes include cement and refinished hardwood flooring, while one storefront retains a pressed tin ceiling and the apartments feature original clawfoot tubs.

Building systems include brand-new Goodman gas forced-air furnaces, central air, and some updated storefront windows. The property is located at 606-610 9th Street in Fort Madison, Iowa, providing a combination of commercial and residential components within one building.

Key Highlights

  • Four one‑bedroom apartments on the upper level
  • Three ground‑floor storefronts can operate separately or as one larger commercial area
  • Brand‑new Goodman gas forced‑air furnaces and central air

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Building Supply Real Estate Agency Plumbing Service Daycare Center (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

445
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?
Mixed-use property - Historic commercial property combines adaptable storefront space with upper-level residential units and updated mechanical systems.
Where is this mixed-use property located?
The property is located at 606-610 9Th Street Fort Madison, IA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Four one‑bedroom apartments on the upper level; Three ground‑floor storefronts can operate separately or as one larger commercial area; Brand‑new Goodman gas forced‑air furnaces and central air
More about this property
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