115 N Iowa St, Ave, IA 52248

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.