Keokuk, IA Multifamily Properties for Sale

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Updated: Aug 19

Two-Story Quadplex with River Views

503 N 3rd St, Keokuk, IA 52632

$395,000

2,040 sqft

Four‑unit residential property with 2,040 square feet
Each unit includes 2 bedrooms, 1 full bathroom, and 1 half bathroom
Private screened porch and river views accompany every unit
Individual garage stall provided for each unit
All 4 units are occupied with leases through 2026

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Here's a quick look at some key insights for

503 N 3rd St, Keokuk, IA 52632

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Est. Cap Rate

4.2%
NOI ÷ price
Est. NOI

$17K
Annual
Price @ 7% Cap

$236K
Suggested
Property Type

Duplex
Built 1992

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Updated: Aug 10

Side-by-Side Duplex with Hardwood Floors

707 FRANKLIN, Keokuk, IA 52632

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5,124 sqft 0.17 AC lot

Side‑by‑side duplex totaling 5,124 square feet
Approximately 2,500 square feet per unit
Four bedrooms on the second floor of each unit
Living room, formal dining room, sitting room, foyer, kitchen, and bathrooms on both floors per unit
Original woodwork and hardwood floors

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Mixed-Use Bar and Restaurant

707 Main Street, Keokuk, IA 52632

$350,000

0.13 AC lot

Main Street property combines an equipped dining and bar operation with two upstairs rental apartments and a rear patio.

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Side-by-Side Duplex with Hardwood Floors

707 Franklin St, Keokuk, IA 52632

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5,124 sqft

Two connected residences offer extensive room layouts, updated electrical equipment, and newer furnaces on both sides.

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Brick Side-by-Side Duplex

208 S 14Th Street, Keokuk, IA 52632

$39,900

2,420 sqft 0.17 AC lot

Brick side-by-side duplex with forced-air heating and public water service in Keokuk, IA.

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Duplex with On-Street Parking

613 N 10Th Street, Keokuk, IA 52632

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1,746 sqft 0.06 AC lot

Wood-sided duplex with forced-air heat and window cooling, on-street parking, and public water services.

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Four-Unit Apartment Building

621 Concert Street, Keokuk, IA 52632

$70,000

2,756 sqft 0.16 AC lot

Quadplex with one-bedroom apartments, rear covered parking, and public water service.

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Side-by-Side Duplex

208 S 14Th Street, Keokuk, IA 52632

$39,900

2,420 sqft

Two-unit property with one residence nearly rent-ready and the other partially rehabilitated.

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Keokuk Duplex with Garage

1329 Des Moines, Keokuk, IA 52632

$59,000

1,764 sqft

Occupied duplex on corner lot with two-car garage.

$64,900

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

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Off-Market Properties in Keokuk, IA

Consider similar Off-Market properties in Keokuk, 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.

MOBILE HOME PARK, TRAILER PARK

3806 Main St, Keokuk, IA 52632-2058

$330,000

Estimated value

10.54 AC lot

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$255,000

Estimated value

8.30 AC lot

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Keokuk, IA Multifamily Properties Market Trends and Statistics

Explore 16 multifamily properties for sale in Keokuk, IA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 23,394 square feet of properties for sale, with an estimated market value of $953,800.

Sale prices for multifamily properties in Keokuk, IA start at $39,900, averaging $158,966, and reaching up to $395,000 — 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

Demographics Overview

Population 12K

Population Growth (5Y) -5.8%

Median Household Income $52,547

College Educated 25.1%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
52632	$106K

Taxes & Financing

Tax Rate (average for all types) 3.97%

Property Tax per SF $40.03 per SF

Tax Rate vs County Average 0.67 pp above 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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lee County

Residential Income

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