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3565 Highway 218 Keokuk, IA 52632 Residential - Single Family

Auction • June 24th, 2026
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  • 3565 Highway 218, Unit 3567, Keokuk, IA 52632 Main Photo

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Description

Online Only Auction! Located just outside the Keokuk city limits along Highway 218, this 2.61± acre property offers a unique combination of residential living and commercial opportunity. The acreage is improved with a 1½-story home featuring 3 bedrooms, 1,306 square feet of living space, an attached 2-car garage, and updates including vinyl siding, vinyl windows, and a metal roof. In addition to the home, the property includes a large commercial automotive shop offering approximately 7,724 square feet, complete with three automotive bays w/overhead doors, office space, large parts/storage room w/overhead door, paint booth bay, upholstery room, restrooms, and an apartment. An attached RV bay further enhances the functionality of the building. The property also features a detached 2-car garage and a dilapidated mobile home. With excellent Highway 218 visibility, this location offers strong potential for a variety of commercial or business uses, while still providing a residential component. An existing billboard lease provides additional income of $2,500 annually. Listed price is assessed value and has no bearing on the final sale price

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,306
Lot Size: 2.61 acres
Garage Size: 7
Attached Garage
Built in 1880

General Information

Bedrooms: 3
Bathrooms: 1
Sqft: 1,306
County: Lee
Listed By:
Fraise Auction & Real Estate 319-372-9121
No Coast MLS
$197,510
Est. $1,335/mo
3beds
1baths
1,306sqft
7cars
New to the Market Active
BEDS3 BATHS1 full SQUARE FEET1,306 MLS#6338753
STATUS PROPERTY TYPEResidential - Single Family

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3565 Highway 218, Unit 3567, Keokuk, IA 52632.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $197,510$197,510$197,510
Down Payment $39,502$6,913$49,378
Monthly Mortgage Amount $960$1,194$1,220
Taxes $275$275$275
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$87$0
Monthly Estimated Total $1,335$1,656$1,595

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About this area

Iowa/Keokuk
Keokuk

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Find homes for sale in Keokuk, IA, and learn about the local community and real estate market.

Keokuk is located in southeast Iowa along the banks of the Mississippi River. Perched on bluffs overlooking the river, Keokuk offers a variety of real estate options. From the historic homes on Grand Avenue to the majestic river-view residences, there is a property for every taste.

Ruhl&Ruhl Realtors has plenty of homes for sale in Keokuk, IA for you to choose from. Keokuk is located southwest of Burlington. View homes for sale in the Burlington, Iowa area for more real estate options. Continue browsing this page to see all houses for sale and real estate options in Keokuk.

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