$80,000
- 2,828 Sq Ft
1432 Avenue D, Fort Madison, IA 52627

John Mercer
Midwest Realty
(319) 205-3491
$80,000
1432 Avenue D, Fort Madison, IA 52627
John Mercer
Midwest Realty
(319) 205-3491
$45,000
903 Avenue D, Fort Madison, IA 52627
Melissa Schwenker
Ruhl & Ruhl, REALTORS
(319) 500-4035
$80,000
305 Avenue E, Fort Madison, IA 52627
Dan Roach Fraise Auction & Real Estate
$239,500
628 Avenue F, Fort Madison, IA 52627
Carla McEntee Fraise Auction & Real Estate
$267,000
718 Avenue E, Fort Madison, IA 52627
Gwen Wixom Century 21/Property Profession
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.
On average, homes in Fort Madison, IA sell after 37 days on the market compared to the national average of 52 days. The median sale price for homes in Fort Madison, IA over the last 12 months is $49,000, down 48% from the median home sale price over the previous 12 months.
In Fort Madison, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $45,000 to $267,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Fort Madison is $69,900, while the average sale price is $84,366, offering insights into the local housing market. On average, multi-family homes spend 37 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Fort Madison, IA.