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About This Home

This 3-bedroom, 1-bathroom single family at 3565 Highway 218 Unit 3567 in Keokuk, IA is listed for $197,510 ($151 per sqft). Built in 1880, the home offers 1,306 sqft of living space on a 2.61 acres lot.

Agent 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 1 1/2-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

Key Features

  • Built in 1880
  • 2.61 acre lot
  • 2 stories

Property Details

2 stories
1 full
1880

Amenities

A/C

Monthly Cost Estimate

$1,056/mo

20% down · 6.5% · 30 years

Principal$143
Interest$856
Insurance$58

Estimates only. Actual payments may vary.

Location

3565 Highway 218 Unit 3567

Keokuk, IA 52632

Property Details

Construction

Vinyl Siding

Parking

Garage - Detached

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3565 Highway 218 Unit 3567 is listed at $197,510 ($151/sqft). The estimated monthly payment is $856 based on 20% down at 6.5% interest.

Key features include: Built in 1880, 2.61 acre lot, 2 stories.

This property is listed by Corey Fraise and can be reached at 3194700115 or auctions@fraiseauction.com.

CF

Corey Fraise

Agent at Fraise Auction & Real Estate

(319) 470-0115

Listed by Fraise Auction & Real Estate · View on Broker Site

MLS# 6338753· Source: listhub· Updated 5 days ago

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3565 Highway 218 Unit 3567, Keokuk, IA 52632

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