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115 N Iowa St, Keota, IA 52248

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For Sale

$399,900

3,024 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $132.24
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Solid investment opportunity in Keota! This fully occupied fourplex features four 2-bedroom, 1-bath units, each with a living room, dining area, in-unit laundry, private utility room, and both front and back entrances. Built in 1968 and situated on a large 0.68-acre lot, there s plenty of space to build an additional fourplex (or more), pending city approval. Each unit currently rents for $675/month. Two tenants are on year-long leases; the other two are month-to-month. Off-street parking available for at least four vehicles. Units are equipped with central A/C and forced air heat. City water and sewer. Tenants are each paying for their own apartments utilities of electric, gas, and water. Interior photos are of Unit ! and Unit 3 before they got new tenants. Property is now fully rented. 48-hour notice required for all showings. Storage shed is reserved.
MLS# 202506536

Courtesy Of RE/MAX Affiliates

(319) 333-1213

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Forced Air

Map and Directions

Directions to 115 N Iowa St, Keota, IA 52248

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CENTURY 21 Signature Real Estate

(515) 963-1040
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.