116 N 2nd St Keokuk, IA 52632
Estimated payment $1,049/month
Highlights
- Forced Air Heating System
- Baseboard Heating
- 4-minute walk to Riverview Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,888
Year Built
- Built in 1910
Parking
- 2
Utilities
- Forced Air Heating System
- Baseboard Heating
- 200+ Amp Service
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 35.6 x 100
Community Details
- Gross Income $12,360
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,888 | $83,710 | $5,010 | $78,700 |
| 2023 | $1,660 | $83,710 | $5,010 | $78,700 |
| 2022 | $1,412 | $68,130 | $5,010 | $63,120 |
| 2021 | $1,412 | $68,130 | $5,010 | $63,120 |
| 2020 | $1,436 | $68,820 | $5,310 | $63,510 |
| 2019 | $1,502 | $68,820 | $5,310 | $63,510 |
| 2018 | $1,446 | $64,920 | $0 | $0 |
| 2017 | $1,482 | $64,920 | $0 | $0 |
| 2016 | $1,396 | $64,080 | $0 | $0 |
| 2015 | $1,396 | $74,790 | $0 | $0 |
| 2014 | $2,874 | $48,470 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Price Changed | $165,000 | -2.9% | $58 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $170,000 | -2.9% | $60 / Sq Ft |
| 03/26/2025 03/26/25 | For Sale | $175,000 | -- | $62 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $28,038 | New Conventional |
Source: NoCoast MLS
MLS Number: NOC6326011
APN: 04-45-21-25-482-0070
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