22-24 N 5th St
Keokuk, IA 52632
Retail Property For Sale

22 N. 5th Street, Keokuk, IA 52632 is a mixed-use property featuring two commercial units on the main level and three residential apartments upstairs. The building is well-maintained with recent updates including replacement vinyl windows throughout, a new roof installed in 2016, and furnace and central air conditioning updated approximately seven years ago. Each unit has its own electric meter and thermostat, with tenants responsible for their own electric costs. The landlord covers water and trash service. Heating is provided by forced air throughout, with central A/C on the main level and window units for the apartments. Current rental income includes two commercial spaces rented at $300 per month each, one efficiency apartment at $350 per month, a second efficiency at $400 per month, and a one-bedroom apartment at $425 per month. This property offers stable occupancy and multiple income streams in a convenient, visible location.