Multifamily

Fort Madison, IA Multifamily Properties for Sale

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West Point, IA Montrose, IA Nauvoo, IL Donnellson, IA Wever, IA Dallas City, IL Keokuk, IA Argyle, IA
Updated Duplex with Three-Car Garage
Updated: Mar 12
Updated Duplex with Three-Car Garage

1117 Avenue D, Fort Madison, IA 52627

$172,000
2,000 sqft 0.25 AC lot
2,000‑square‑foot duplex with two‑bedroom main‑floor unit and one‑bedroom upstairs apartment
Upstairs apartment has separate exterior access and washer and dryer hookups
Updated interiors include vinyl plank flooring, quartz countertops, cherry‑finish cabinetry, and stainless‑steel appliances
Three‑car garage plus a carport designated for the tenant
0.25‑acre parcel with private backyard, composite deck, awning, and perennial landscaping
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Duplex with Three-Car Garage
Updated: Jan 22, 2025
Duplex with Three-Car Garage

2711-2713 Avenue K, Fort Madison, IA 52627

$76,900
2,174 sqft
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
Two water heaters, two furnaces, and two central air systems
House roof updated in 2018; garage roof updated in 2023
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See what stands out in Lee County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Fort Madison, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Side-by-Side Duplex
Updated Side-by-Side Duplex

217-219 N 14Th Street, Keokuk, IA 52632

$99,900
2,496 sqft 0.04 AC lot

Two-unit residential property with refreshed exterior elements, replacement appliances, and separate rental configurations.

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Two-Unit Duplex with Four Bedrooms
Two-Unit Duplex with Four Bedrooms

613 N 10Th Street, Keokuk, IA 52632

Contact for pricing
1,746 sqft 0.06 AC lot

Wood-sided duplex with two baths, public water, and forced-air heat in Keokuk.

View details
Brick Quadplex with Updated Systems
Brick Quadplex with Updated Systems

297 OAK ST, Dallas City, IL 62330

Contact for pricing
5,200 sqft

Four-apartment income property with masonry construction, a newer roof, and recently installed gas heating.

View details
Brick Quadplex with Newer Roof
Brick Quadplex with Newer Roof

297 Oak Street, Dallas City, IL 62330

$64,900

Four-apartment income property with brick construction, a newer roof, and a recently installed gas furnace.

View details

Off-Market Properties in Fort Madison, IA

Consider similar Off-Market properties in Fort Madison, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3902 Blf Rd
MOBILE HOME PARK, TRAILER PARK

3902 Blf Rd, Fort Madison, IA 52627-2165

Estimated value:
$1,100,000
6.73 AC lot
View details
1717 35th St
MOBILE HOME PARK, TRAILER PARK

1717 35th St, Fort Madison, IA 52627-3421

Estimated value:
$240,000
2.33 AC lot
View details
1806 Ave A A
MOBILE HOME PARK, TRAILER PARK

1806 Ave A A, Fort Madison, IA 52627-2456

Estimated value:
$250,000
3.54 AC lot
View details
1806 Ave A A
MOBILE HOME PARK, TRAILER PARK

1806 Ave A A, Fort Madison, IA 52627-2456

Estimated value:
$240,000
0.96 AC lot
View details
1512 Ave M M
MOBILE HOME PARK, TRAILER PARK

1512 Ave M M, Fort Madison, IA 52627-4473

Estimated value:
$225,000
0.45 AC lot
View details
5836 Ave O O
MOBILE HOME PARK, TRAILER PARK

5836 Ave O O, Fort Madison, IA 52627-9411

Estimated value:
$240,000
6.85 AC lot
View details
1512 Ave M M
MOBILE HOME PARK, TRAILER PARK

1512 Ave M M, Fort Madison, IA 52627-4473

Estimated value:
$250,000
1.52 AC lot
View details
3101 170th St, Unit 3109
MOBILE HOME PARK, TRAILER PARK

3101 170th St, Fort Madison, IA 52627-9758

Unit 3109
Estimated value:
$230,000
8.67 AC lot
View details

Fort Madison, IA Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Fort Madison, IA on our real estate platform. These investment opportunities span a total of 4,174 square feet of properties for sale, with an estimated market value of $248,900.

Sale prices for multifamily properties in Fort Madison, IA start at $76,900, averaging $124,450, and reaching up to $172,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2

Demographics Overview

Population 13K
Population Growth (5Y) +0.2%
Median Household Income $54,864
College Educated 25.4%

High-Yield Neighborhoods for Investment

Identify Fort Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52627 $124.5K

Taxes & Financing

Tax Rate (average for all types) 3.07%
Property Tax per SF $34.08 per SF
Tax Rate vs County Average 0.23 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lee County

New Delisted

Total CRE Inventory on Market (SF)

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