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Four-Unit Apartment Building
For Sale
$60,000

621 Concert Street, Keokuk, IA 52632

Residential Income, Keokuk, IA

Property Size2,756 SF
Lot Size0.16 Acres
Price / SF$21.77
Days on Market138

Property Features for 621 Concert Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Directions Use the left 2 lanes to turn left onto US-61 S/S Roosevelt Ave, Continue onto Main St, Turn left onto N 17th St, Turn right onto Concert St
Standard status Active
APN 044521254280050
Size 2,756 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 621-623 CONCERT #1111 KKK LOT 8 BLK 96
Tax Annual Amount 1794
Legal Description 621-623 CONCERT #1111 KKK LOT 8 BLK 96

Utilities

Heating system Baseboard
Water source Public

Building Details

Year built 1890
Number of units 4
Building materials Metal Siding
Listing Agency: Ruhl & Ruhl, REALTORS
Listed By: Hannah Kruger
Added: May 11 Changed: Sep 22 Last Checked: Sep 25 at 11:06PM
MLS# 6338149

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 2,756-square-foot quadplex contains four one-bedroom, one-bath apartments. Built in 1890, the property has metal siding, baseboard heating, and public water service. The interiors require updating and repairs, providing a clear renovation scope for a buyer prepared to improve the existing improvements.

A multi-car carport is positioned at the rear and is reached through the alley, providing tenant parking. The property is located at 621 Concert Street in Keokuk, Iowa, within Lee County and the 52632 ZIP Code. The four-unit configuration offers a compact multifamily layout with separate residential units under one roof.

Key Highlights

  • Four one‑bedroom, one‑bath units
  • 2,756 square feet of property size
  • 0.16 acres

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

601
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Quadplex with one-bedroom apartments, rear covered parking, and public water service.
Where is this quadplex located?
The property is located at 621 Concert Street Keokuk, IA.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath units; 2,756 square feet of property size; 0.16 acres
More about this property
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