1117 Avenue D Fort Madison, IA $ 187,500
1117 Avenue D
$ 187,500
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1117 Avenue D

Fort Madison, IA, 52627
$ 187,500
Baths0.0 Sq 2,000

Monthly Estimate*

$ 1,154

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Studio

Multi-Family Home for sale in Fort Madison, IA

for $187,500. This 2,000 square foot home was built in 1900 on a lot size of 0.25.

What a great opportunity for you to own an updated home and have rental income too! The main floor two-bedroom unit has been meticulously maintained with vinyl plank flooring, quartz countertops, cherry finish cabinetry, and stainless appliances. The upstairs apartment (exterior access) has an open concept living/dining/kitchen space, one big bedroom and in unit washer/dryer hookups! Enjoy the private back yard with its composite deck and awning, beautiful perennial flowers, and this really unique water feature that can be controlled remotely, so cool! Complete this package with the 3-car garage for you and a carport reserved for the tenant, everyone has a place here! A beautiful home that also provides income is quite the find or if you prefer the second unit could be utilized as a private space for your overnight visitors or even a child just starting to leave the nest! Call your realtor today to view this amazingly versatile property!

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Multi-Family Active

Price

$ 187,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,857

Style

Lot Size

0.25

Year Built

1900

Town/City

Fort Madison

County/Region

Lee

MLS | Web ID

6336308

Features
General
Sewer City Sewer/Connected
Heating Baseboard Heat Pump
Roof Shingle
Garage Spaces 3
Construction Materials Vinyl Siding
Year Built 1900
Stories Count 2
Property Subtype Duplex
Tax Year 2024
Gross Income 5400
Accessibility Grab Bars In Bathroom
County Lee
Operating Expense 0
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Status Active
Directions From Ave E turn North on 12th St turn right at the stop sign property is on the north side of the street.
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 10890
Tax Annual Amount 2857
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Living Area Units Square Feet
Standard Status Active
Legal Description #835 1117 AVE D LOT 867 E 1/2 LOT 866
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Interior
Basement Partial
Total Fireplaces 0
Fireplace Y/N N
Below Grade Finished Area 0
Total Baths 0
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Exterior
Fencing Wood
Water Source Public
Lot Dimensions 75X145
Lot Size Acres 0.25
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* Excluded Features
List By
Laura Story

Listing Agent

Fraise Auction & Real Estate

Broker

641-919-8098

Contact

Affordability Calculator

$1,393
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,154
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$187,500 -99.90% Price Down
3/12/2026$187,500,000 Listed Price

Map


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1117 Avenue D, Fort Madison, IA, 52627 is a Multi-Family Home for sale at $187,500 with 2,000 sqft and a lot size of 0.25. 1117 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