Unique Investment Opportunity! Duplex + Single-Family Home on One Property. 4 Total Beds & 4 Total Full Baths. Discover the perfect blend of functionality, and income potential with this exceptional property. The Duplex: Built in 1910 with 1666 sq ft. Classic up-and-down rental units, each offering 1 bedroom and 1 bathroom. Ideal for generating rental income or multi-generational living. The Single-Family Home: Built in 1950 with 1156 sq ft. 2 Beds, 2 Full Baths, Newly updated, spacious 2-story home with a tuck-under 2-car garage. Baseboard heating and window air units (1 up & 1 down, 2 yrs old). Also has a new gas wall heater and new carpet. Main level includes kitchen, dining area, spacious living space, full bath, and laundry. Upstairs, you'll find 2 bedrooms and an additional full bath. Whether you're looking for a home with income potential, a space for extended family, or a smart investment property, this versatile setup has it all. Conveniently located and very well kept — schedule your showing today! For all 3 living spaces the Landlord pays Gas $60 average per month, Water $111 per month, Electric for outdoor lights $30 in winter and $15 in summer. Tenants pay their own electric bill. There is one gas forced air furnace in the basement that heats the whole duplex. Each duplex has one window air unit. Upper level duplex rent is $510/month. Lower level duplex rent is $520/month. House in back is owner occupied.
Active
Price cut: $5K (4/21)
$170,000
116 N 2nd St, Keokuk, IA 52632
4beds
2,822sqft
Est.:
Triplex
Built in 1910
-- sqft lot
$-- Zestimate®
$60/sqft
$-- HOA
What's special
Spacious living spaceNew carpetWindow air unitWindow air unitsDining areaSingle-family homeBaseboard heating
- 29 days
- on Zillow |
- 305 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 11:20am
Listed by:
Lisa Johnson 319-795-4001,
Weichert Realtors-The Massimo Group
Source: NoCoast MLS,MLS#: 6326011
Originating MLS: Southeast Iowa Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
Bathroom
- Features: Unit 1(Main Floor Full Bath), Unit 2(Upper Level Full Bath), Unit 3(Main Floor Full Bath, Upper Level Full Bath)
Dining room
- Features: Unit 3(Separate/Formal Dining Rm)
Heating
- Forced Air, Baseboard
Cooling
- Unit 1(Window), Unit 2(Window), Unit 3(Window)
Appliances
- Included: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator, Washer, Dryer)
- Laundry: Laundry Room
Features
- Basement: Walk-Out Access,Full,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,822 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Details: Garage Square Feet(680), Garage Dimensions(20 X 34)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 35.6 x 100
Details
- Parcel number: 044521254820070
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Vinyl Siding, Wood Siding
- Roof: Age Over 8 Years,Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Keokuk
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $83,710
- Annual tax amount: $2,045
- Price range: $170K - $170K
- Date on market: 3/27/2025
- Total actual rent: 1030
- Electric utility on property: Yes
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