628 Avenue F Fort Madison, IA ^$ 239,500

628 Avenue F

^$ 239,500

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628 Avenue F

Fort Madison, IA, 52627

^$ 239,500

Studio Baths0.0 Sq 4,755

Monthly Estimate*

^$ 1,494

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Studio

Multi-Family Home for sale in Fort Madison, IA

for $239,500. This 4,755 square foot home was built in 1928 on a lot size of 0.17.

Incredible Income Producing Potential!! This 5 unit apartment building awaits! Plenty of renovations have already been done, 4 garage stalls that could add even more income & all units are currently occupied as well! Newer roof, gorgeous hardwood flooring in each unit, updated lighting, appliances convey from each unit and more! This is a grand opportunity to add to your portfolio! Call your Realtor now for a private appointment! 628 Avenue F is located in the Historic downtown district of Fort Madison!

Multi-Family Active

Price

^$ 239,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,748

Style

Lot Size

0.17

Year Built

1928

Town/City

Fort Madison

County/Region

Lee

MLS | Web ID

6329815

Features

General

Sewer City Sewer/Connected

Heating Hot Water

Garage Spaces 4

Construction Materials Brick

Year Built 1928

Stories Count 2

Property Subtype Quadruplex

Tax Year 2023

Gross Income 0

Accessibility None

County Lee

Operating Expense 0

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Status Active

Directions from 6th street turn west on f

Association Name SEIA

Number Of Units Total 5

Lot Size Units Acres

Lot Size Square Feet 7405.2

Tax Annual Amount 2748

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Living Area Units Square Feet

Standard Status Active

Legal Description #402 628 AVE F LOT 433

Interior

Basement Full Partially Finished

Total Fireplaces 0

Fireplace Y/N N

Below Grade Finished Area 975

Total Baths 0

Exterior

Water Source Public

Lot Dimensions 50X145

Lot Size Acres 0.17

* Excluded Features

List By

Carla McEntee

Listing Agent

Fraise Auction & Real Estate

Broker

carlamcentee@yahoo.com

Affordability Calculator

$1,723

Per Month

Monthly Principal & Interest: $1,494
Monthly Property Taxes: $229
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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Fort Madison, IA

Average List Price ^$131,557

Percent of Sale Price 45%

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
7/17/2025	$239,500		Listed Price

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628 Avenue F, Fort Madison, IA, 52627 is a Multi-Family Home for sale at $239,500 with 4,755 sqft and a lot size of 0.17. 628 Avenue F is a studio with 0.0 baths and was built in 1928. 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 12/10/2025.

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628 Avenue F

Multi-Family Home for sale in Fort Madison, IA

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