4

Fort Madison, IA Multifamily Homes & Duplexes for Sale

Section Image Section Image
  • /17

    $80,000

    • 2,828 Sq Ft

    1432 Avenue D, Fort Madison, IA 52627

    CASH FLOW!! INVESTMENT PROPERTY AVAILABLE. BRICK DUPLEX IN FORT MADISON WITH 2 CAR GARAGE. 3 BED 1.5 BATH PER SIDE. CURRENTLY VACANT WAS RENTED AT $700/SIDE.

    Agent Photo

    John Mercer

    Midwest Realty

    (319) 205-3491

    1432 Avenue D, Fort Madison, IA 52627
  • /15

    $239,500

    • 4,755 Sq Ft

    628 Avenue F, Fort Madison, IA 52627

    Incredible Income Producing Potential!! This 5 unit apartment building awaits! Plenty of renovations have already been done, 4 garage stalls that could add even more income & all units are currently occupied as well! Newer roof, gorgeous hardwood flooring in each unit, updated lighting, appliances convey from each unit and more! This is a grand opportunity to add to your portfolio! Call your

    Carla McEntee Fraise Auction Real Estate

    628 Avenue F, Fort Madison, IA 52627
  • /43

    $267,000

    • 4,206 Sq Ft

    718 Avenue E, Fort Madison, IA 52627

    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

    Gwen Wixom Century 21/Property Profession

    718 Avenue E, Fort Madison, IA 52627
  • /32

    $45,000

    • 4,494 Sq Ft

    903 Avenue D, Fort Madison, IA 52627

    Charming 2-Story Duplex with Original Details + 3-Car Garage – Income Potential! This classic two-story duplex is full of character, featuring original hardwood floors, rich woodwork, and timeless details throughout. Each unit offers a great layout with tons of potential. The home needs some TLC, but the charm is undeniable and the bones are solid. A spacious 3-car detached garage adds value and

    Melissa Schwenker Ruhl & Ruhl, REALTORS

    903 Avenue D, Fort Madison, IA 52627

Why Live in Fort Madison

Fort Madison, IA, is a historic city in southeast Iowa known for its significant river and railroad traffic, highlighted by the double-decker swing-span bridge over the Mississippi River. The city is a hub for Burlington Northern Santa Fe, with around 85 trains passing through daily. Visitors can explore a replica fort from the War of 1812 and the Sheaffer Pen Museum, while annual events like the Tri-State Rodeo and Mexican Fiesta celebrate the city's cultural heritage. The Park-to-Park Residential Historic District features Victorian-era homes, including Italianate and Tudor Revival styles, influenced by New Orleans architecture. Other housing options range from early-1900s bungalows to midcentury ranch-style homes and renovated apartments in repurposed buildings. Riverview Park and Rodeo Park offer recreational activities, including playgrounds, disc golf, and campgrounds. The Fort Madison Marina has recently expanded, adding nearly 200 slips as part of a riverfront renovation. Local employers include manufacturing plants, the Southeast Iowa Regional Medical Center, and the Iowa State Penitentiary. The Southwest Chief Amtrak line provides passenger rail service, while nearby airports in Burlington and Cedar Rapids offer additional travel options. Downtown Fort Madison retains its historic charm with early-1900s storefronts, riverfront breweries, and local grocery stores like Hy-Vee and Aldi. The Fort Madison Community School District serves the area, with newly consolidated schools and private options through Holy Trinity Catholic Schools. Crime rates have been decreasing, with significant drops in violent and property crimes in recent years.

Home Trends in Fort Madison, IA

Housing Trends

Median Sale Price
$52,750
Median Single Family Sale Price
$76,500
Median 2 Bedroom Sale Price
$50,500
Average Price Per Sq Ft
$57
Number of Homes for Sale
3
Last 12 months Home Sales
32
Months of Supply
1.10
Median List Price
$69,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-44%
How to Buy a Home How to Finance a Home How to Sell a Home