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2730 255th Avenue Montrose, IA 52639 Residential - Single Family

Auction • April 13th, 2026
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Description

Absolute Online Only Auction Ending 4-13-2026 at 1:00 PM! Don't miss this rare opportunity to purchase a Mississippi Riverfront home offering breathtaking panoramic views of the Mississippi River and the iconic Nauvoo Mormon Temple. This 4-bedroom, 1¾-bath ranch-style home with an attached 2-car garage is ideally positioned along the shoreline in a small rural subdivision between Montrose and Fort Madison, Iowa?without covenants or HOA fees. The main floor features three bedrooms (one with laundry hookups), a full bath, a spacious living room, open kitchen, and a sunroom designed to capture the stunning river views. The full walkout basement expands the living space with a family room, kitchenette with bar area, fourth bedroom, ¾ bath, and workshop/storage room?making it ideal for guests, entertaining, or extended living arrangements. Outdoor amenities include a rear deck overlooking the river and an enclosed storage area beneath the sunroom. A new septic system was installed in 2021. Riverfront homes in this location rarely come available for sale. This property is also home to the only mature tree along this stretch of riverbank for over a half mile, where bald eagles are regularly seen perched against the backdrop of the Mississippi River and the Nauvoo Mormon Temple. List price is assessed value and has no baring on final sale price. Visit www.fraiseauction.com for terms and to register to bid.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 2,304
Garage Size: 2
Attached Garage
Built in 1962
River Front
One Fireplace

General Information

Bedrooms: 4
Bathrooms: 2
Sqft: 2,304
County: Lee
Listed By:
Fraise Auction & Real Estate 319-372-9121
No Coast MLS
$198,910
Est. $1,306/mo
4beds
2baths
2,304sqft
2cars
New to the Market Active
BEDS4 BATHS2 full SQUARE FEET2,304 MLS#6336178
STATUS PROPERTY TYPEResidential - Single Family

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2730 255th Avenue, Montrose, IA 52639.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $198,910$198,910$198,910
Down Payment $39,782$6,962$49,728
Monthly Mortgage Amount $929$1,140$1,209
Taxes $277$277$277
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$87$0
Monthly Estimated Total $1,306$1,604$1,586

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