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. 48-hour notice required for all showings. Storage shed is reserved.
For sale
$450,000
115 N Iowa St, Ave, IA 52248
--beds
1baths
3,024sqft
Est.:
Multi Family, Residential
Built in 1968
-- sqft lot
$-- Zestimate®
$149/sqft
$-- HOA
What's special
Forced air heat
- 2 days
- on Zillow |
- 54 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: 13 hours ago
Listed by:
Peter Schwartz 319-930-7075,
Ruhl&Ruhl, Realtors
Source: Iowa City Area AOR,MLS#: 202505007

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Concrete,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,024
- Total interior livable area: 3,024 sqft
- Finished area above ground: 3,024
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Lot
- Size: 0.68 Acres
- Dimensions: .68 Acres; 200 x 148
Details
- Parcel number: KOCOK019500
- Zoning: M - Residential (MR R3+)
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Residential
Materials
- Frame
- Foundation: Slab
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Close To School, Near Shopping
- Subdivision: 25-76-10
Location
- Region: Ave
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $176,120
- Annual tax amount: $3,082
- Date on market: 8/5/2025
- Listing terms: Cash,Conventional
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