822 Morgan Street Keokuk, IA ^$ 53,500

822 Morgan Street

^$ 53,500

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822 Morgan Street

Keokuk, IA, 52632

^$ 53,500

Studio Baths0.0 Sq 2,240

Monthly Estimate*

^$ 329

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Studio

Multi-Family Home for sale in Keokuk, IA

for $53,500. This 2,240 square foot home was built in 1890 on a lot size of 0.16.

Great investment opportunity with this well-maintained up-and-down duplex featuring long-term tenants already in place. This property offers immediate cash flow with a total monthly rental income of $1,120. The lower unit rents for $580 per month, while the upper unit brings in $540 per month. Tenants pay all utilities, keeping operating expenses low and maximizing your return. Whether you’re looking to expand your portfolio or step into real estate investing, this duplex is a solid, income-producing property with stable occupancy.

Multi-Family Active

Price

^$ 53,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,688

Style

Lot Size

0.16

Year Built

1890

Town/City

Keokuk

County/Region

Lee

MLS | Web ID

6336501

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Garage Spaces 2

Construction Materials Other

Year Built 1890

Stories Count 2

Property Subtype Duplex

Tax Year 2024

Gross Income 1120

Accessibility None

County Lee

Operating Expense 300

Property Type Residential Income

Contingency None

MaintenanceExpense 0

Status Active

Directions Please use GPS

Association Name SEIA

Number Of Units Total 2

Lot Size Units Acres

Lot Size Square Feet 6969.6

Tax Annual Amount 1688

Electric Expense 0

Fuel Expense 0

Trash Expense 40

Water Sewer Expense 0

Virtual Tour https://tour.giraffe360.com/4b13ed91f46941bc92ec59452614bbe4/

Living Area Units Square Feet

Standard Status Active

Legal Description 822 MORGAN #1534 KKK 5 BLK 128

Interior

Basement Partial Unfinished

Total Fireplaces 0

Fireplace Y/N N

Total Baths 0

Exterior

Water Source Public

Lot Dimensions 50X140

Lot Size Acres 0.16

* Excluded Features

List By

Keeli Massimo

Listing Agent

Keokuk - Weichert Realtors - The Massimo Group

Broker

kmassimo.weichert@gmail.com

Affordability Calculator

$470

Per Month

Monthly Principal & Interest: $329
Monthly Property Taxes: $141
Monthly Home Insurance: --

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Interest Rate

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Yearly 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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Nearby

Trends
Schools

Multi-family listings in Keokuk, IA

Average List Price ^$51,950

Percent of Sale Price 3%

About Keokuk, IA

10,054 Population

-12% Since 2002

^$35,184 Median Income

40.64 Median Age

27% 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
3/20/2026	$53,500		Listed Price

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822 Morgan Street, Keokuk, IA, 52632 is a Multi-Family Home for sale at $53,500 with 2,240 sqft and a lot size of 0.16. 822 Morgan Street is a studio with 0.0 baths and was built in 1890. The property's zip code is 52632 which is in Keokuk, IA

Each Weichert® Franchised Office Is Independently Owned and Operated

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 3/21/2026.

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822 Morgan Street

Multi-Family Home for sale in Keokuk, IA

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