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$267,000
70 Days On Site

718 Avenue E
Fort Madison, IA 52627

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
4,206
SqFt
$63
/SqFt
1920
Built
County:
Lee
718 Avenue E718 Avenue E718 Avenue E718 Avenue E
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Mortgage Calculator

Monthly Payment (Est.)

$1,218
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Looking for a great business opportunity? Located in the Park-To-Park Historic District within walking distance to the Mississippi River, this fully furnished 4 plex is ready to go for vacation rentals on AirB&B and VRBO, or mid-term rentals for traveling professionals on FurnishedFinder.com. Check out "The Ritz"(Unit #1)$1100. "The Lily Pad"(Unit #2)$1300, "The Woolaroc"(Unit #3)$1100, "The Luckenbach"(Unit #4)$1300. Each unit will be renting at $1,300 per month as of August, 2025. The Owner pays all utilities. Detached 5 car garage has separate space for each unit with electric garage openers. New in Dec. 2022 single ply PVC membrane roof & additional insulation to the roof, two new garage doors and openers, refinished hardwood floors, some newer plumbing & electrical. 3 units have its own dryer. 2 washing machines in basement. One unit has a stack washer/dryer. All units are 1 bedroom with lovely sunroom, dining room, & full kitchen with standard size appliances, including microwaves. Hot water heat. 2 window A/C's in each unit. Property does have separate electric meters for each unit & for the house (basement, foyer, back of building). Owner has taken great care in this 4 plex but says time for another caretaker. ABOVE GROUND TOTAL FINISHED SQ FT - 4206

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Listing Snapshot
Price 
$267,000
Days On Site 
70 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,206 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.21 Acres
Year Built 
1920
MLS® Number 
6327190
Status 
Active
Property Tax 
$3,090
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active
2 months agoListing first seen on site
General Features
Acres 
0.21
Garage 
Yes
Garage Spaces 
5
Number Of Stories 
2
Parking 
Garage Door Opener
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Water Source 
Public
Zoning 
Residential-Multi-Family
Interior Features
Electric 
Circuit Breakers
Heating 
Hot Water
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Exterior Features
Construction Details 
Brick
Fencing 
None
Road Frontage 
City Street
Roof 
FlatOther
Community Features
Financing Terms Available 
CashConventional
Listing courtesy of Century 21/Property Profession



Listing information is provided by Participants of the Iowa Association of REALTORS MLS. IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025, Iowa Association of REALTORS MLS.
Data last updated at: 2025-07-10 10:01 PM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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