Possible investment opportunity! Check out this huge historic building situated right next to downtown in the historic district! This 1885 gothic/victorian build is currently home to 3 rental units - each with their own separate entrances. Each unit has 2 bedrooms and 1 bathroom, beautiful woodwork and overflowing with potential! The upstairs unit boasts a large open living, dining, kitchen space with access to a loft that with some work would become a 3rd bedroom, extra living space, studio, craft, workout space - whatever you need! Tenants on month-to-month leases. Rent them all; live in one and rent the rest, or renovate the whole building - this property is bursting with possibilities!
The median home value in Fort Madison, IA is $106,500. This is lower than the county median home value of $112,200. The national median home value is $338,100. The average price of homes sold in Fort Madison, IA is $106,500. Approximately 63.75% of Fort Madison homes are owned, compared to 23.16% rented, while 13.09% are vacant. Fort Madison real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fort Madison real estate agent to arrange a tour today!
Fort Madison, Iowa has a population of 10,340. Fort Madison is more family-centric than the surrounding county with 25.57% of the households containing married families with children. The county average for households married with children is 24.31%.
The median household income in Fort Madison, Iowa is $45,713. The median household income for the surrounding county is $54,258 compared to the national median of $69,021. The median age of people living in Fort Madison is 42.9 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 39.3 inches per year, with 21.3 inches of snow per year.