903 Avenue D Fort Madison, IA ^$ 45,000

903 Avenue D

^$ 45,000

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903 Avenue D

Fort Madison, IA, 52627

^$ 45,000

Studio Baths0.0 Sq 3,118

Monthly Estimate*

^$ 281

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Studio

Multi-Family Home for sale in Fort Madison, IA

for $45,000. This 3,118 square foot home was built in 1900 on a lot size of 0.2.

Charming 2-Story Duplex with Original Details + 3-Car Garage – Income Potential! This classic two-story duplex is full of character, featuring original hardwood floors, rich woodwork, and timeless details throughout. Each unit offers a great layout with tons of potential. The home needs some TLC, but the charm is undeniable and the bones are solid. A spacious 3-car detached garage adds value and convenience. Great opportunity for owner-occupants or investors looking for a rewarding project and solid income property.

Multi-Family Pending

Price

^$ 45,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,108

Style

Lot Size

0.2

Year Built

1900

Town/City

Fort Madison

County/Region

Lee

MLS | Web ID

6326836

Features

General

Sewer City Sewer/Connected

Heating Hot Water

Garage Spaces 3

Construction Materials Stucco

Year Built 1900

Stories Count 2

Property Subtype Duplex

Tax Year 2023

Gross Income 0

Accessibility None

County Lee

Operating Expense 0

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Subdivision Name THE ORIGINAL TOWN OF FORT MADI

Status Pending

Directions East on Avenue D.

Association Name SEIA

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 8712

Tax Annual Amount 1108

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Living Area Units Square Feet

Standard Status Pending

Legal Description #856 903 AVE D LOT 888 E10' LOT 887

Interior

Basement Full

Total Fireplaces 0

Fireplace Y/N N

Total Baths 0

Exterior

Water Source Public

Lot Dimensions 60X145

Lot Size Acres 0.2

* Excluded Features

List By

Melissa Schwenker

Listing Agent

Ruhl & Ruhl, Realtors

Broker

melissaschwenker@ruhlhomes.com

Affordability Calculator

$373

Per Month

Monthly Principal & Interest: $281
Monthly Property Taxes: $92
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Fort Madison, IA

Average List Price ^$132,271

Percent of Sale Price 194%

About Fort Madison, IA

10,651 Population

-9% Since 2002

^$44,048 Median Income

41.04 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/9/2025	$45,000	-10.00%	Price Down
4/21/2025	$50,000		Listed Price

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903 Avenue D, Fort Madison, IA, 52627 is a Multi-Family Home for sale at $45,000 with 3,118 sqft and a lot size of 0.2. 903 Avenue D is a studio with 0.0 baths and was built in 1900. The property's zip code is 52627 which is in Fort Madison, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/8/2025.

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903 Avenue D

Multi-Family Home for sale in Fort Madison, IA

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