503 N 3rd St Keokuk, IA $ 395,000
503 N 3rd St
$ 395,000
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503 N 3rd St

Keokuk, IA, 52632
$ 395,000
Baths0.0 Sq 2,040

Monthly Estimate*

$ 2,494

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Studio

Multi-Family Home for sale in Keokuk, IA

for $395,000. This 2,040 square foot home was built in 1992.

RIVER VIEW QUADPLEX — INVESTMENT OPPORTUNITY WITH STRONG RENTAL HISTORY Exceptional opportunity to own a well-maintained two-story quadplex offering river views, desirable layouts, and excellent rental potential. Each of the four units features 2 bedrooms, 1 full bathroom, 1 half bathroom, a kitchen, and a comfortable living room, providing tenants with functional and appealing living space. Each unit also includes its own screened-in porch overlooking the river, creating a great outdoor space to relax and enjoy the scenic setting. In addition, every unit has its own individual garage stall, providing valuable off-street parking and additional convenience for tenants. All four units are currently occupied with lease agreements in place through 2026, offering an investor immediate rental income and an established tenant base. With four separate units, individual garage stalls, river views, and long-term leases already in place, this property presents an attractive opportunity for both seasoned investors and those looking to add a solid multi-family property to their portfolio.

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Multi-Family Active

Price

$ 395,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,910

Style

Year Built

1992

Town/City

Keokuk

County/Region

Lee

MLS | Web ID

6341811

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 4
Construction Materials Vinyl Siding
Year Built 1992
Stories Count 2
Property Subtype Quadruplex
Tax Year 2024
Gross Income 32175
Accessibility None
County Lee
Operating Expense 0
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Status Active
Directions Turn north onto 3rd St. from Main St. Travel 5 blocks property is on the corner of 3rd & Fulton. Sign will be in the yard
Number Of Units Total 4
Lot Size Units Acres
Tax Annual Amount 7910
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 256
Living Area Units Square Feet
Standard Status Active
Legal Description 503 NO 3RD #616 KKK PCL A LYG IN LOT 7-12 BLK 54
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Interior
Basement None
Total Fireplaces 0
Fireplace Y/N N
Total Baths 0
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Exterior
Water Source Public
Lot Dimensions 0.49 Acres; 21 229 SF 0.28 Acres; 12 262 SF
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* Excluded Features
List By
Nate Ames

Listing Agent

Vandenberg Real Estate

Broker

ngames.real@gmail.com

Email

Affordability Calculator

$3,153
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
$659
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2872932 Elementary School
2872966 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2026$395,000 Listed Price

Map


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503 N 3rd St, Keokuk, IA, 52632 is a Multi-Family Home for sale at $395,000 with 2,040 sqft. 503 N 3rd St is a studio with 0.0 baths and was built in 1992. The property's zip code is 52632 which is in Keokuk, IA