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Side-by-Side Duplex with Original Woodwork
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707 FRANKLIN, Keokuk, IA 52632

Residential Income, Keokuk, IA

Property Size5,124 SF
Lot Size0.17 Acres
Price / SF$5.84
Days on Market48

Property Features for 707 FRANKLIN

General Information

Property type Residential Multi Family
Property subtype Duplex
Basement Unfinished
Directions FROM MAIN ST, LEFT ON 7TH, LEFT ON FRANKLIN, PROPERTY ON THE RIGHT
Standard status Active
APN 044522301530100
Size 5,124 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description KKK #1163 & #1164 NW14.67' LOT 12 & SE39' LOT 11 BLK 100 707-709 FRANKLIN
Tax Annual Amount 840
Legal Description KKK #1163 & #1164 NW14.67' LOT 12 & SE39' LOT 11 BLK 100 707-709 FRANKLIN

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1890
Floors in Building 2
Number of units 2
Building materials Wood Siding
Listing Agency: Ruhl & Ruhl, REALTORS
Listed By: Malisa Kothe · License #***
Added: Aug 10 Changed: Aug 31 Last Checked: Sep 25 at 11:06PM
MLS# 6341424

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 5,124-square-foot duplex contains two side-by-side residences, each measuring approximately 2,500 square feet. Both units include a living room, formal dining room, sitting room, foyer, kitchen, and bathrooms on both levels, with four second-floor bedrooms per side. Original woodwork and hardwood flooring add period character, while the property also includes wood siding and forced-air heating.

Constructed in 1890 on a 0.17-acre lot, the building is served by public water. One side has an updated electric panel, and both sides have newer furnaces. The property is offered as-is, providing a two-unit layout that can accommodate residential rental use or extended-family living.

Key Highlights

  • Side‑by‑side duplex with 5,124 square feet across two residences
  • Each side is approximately 2,500 sq ft with 4 second‑floor bedrooms
  • Living room, formal dining room, sitting room, foyer, and kitchen in each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

464
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?
Duplex - Two residences each offer four bedrooms, formal dining, sitting rooms, and bathrooms on both floors.
Where is this duplex located?
The property is located at 707 FRANKLIN Keokuk, IA.
What are key features of this property?
This property features: Side‑by‑side duplex with 5,124 square feet across two residences; Each side is approximately 2,500 sq ft with 4 second‑floor bedrooms; Living room, formal dining room, sitting room, foyer, and kitchen in each unit
More about this property
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