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, thereâ??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. Tenants are each paying for their own apartments utilities of electric, gas, and water. Interior photos are of Unit ! and Unit 3 before they got new tenants. Property is now fully rented. 48-hour notice required for all showings. Storage shed is reserved.
Keota is located in Iowa. Keota, Iowa has a population of 891. Keota is more family-centric than the surrounding county with 37.33% of the households containing married families with children. The county average for households married with children is 28.42%.
The median household income in Keota, Iowa is $61,250. The median household income for the surrounding county is $54,233 compared to the national median of $69,021. The median age of people living in Keota is 38.4 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 11.3 degrees. The average rainfall is approximately 37 inches per year, with 26.2 inches of snow per year.
