$275,000

Estimated payment $1,857/month

Total Views 1,882
6 Beds
-- Bath
4,817 Sq Ft
$57 Price per Sq Ft

About This Home

Great investment opportunity! This fully rented 4 unit conversion offers updated units with 1 new tenant, and 3 long-term tenants - 2 of which are currently month-to-month. It was previously listed as a 5 unit property, but unit 5 (walk up attic) is not habitable, and the county reassessed and lowered the taxable amount by almost $40K for 2025! Attic unit has a fire escape and potential to be finished and added to unit 4 for a 2 level - 3 bedroom, 2 bathroom apartment. Tenants pay electricity only. Fireplaces are inoperable. Water heater was replaced in 2020. Dual furnace has an annual maintenance agreement. Exterior wood will be painted in the coming weeks. Schedule a showing today!

Listing Agent

Allison Langan

Ruhl&Ruhl REALTORS Davenport Brokerage Phone: 563-441-1776 License #S68864000/475194435 Listed on: 09/02/2025

Ruhl&Ruhl REALTORS Davenport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1920

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x127
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 6 Bedrooms
  • 4,817 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • Parking Pad
  • Alley Access
  • On-Street Parking

Schools

  • Davenport High School

Community Details

  • Cutter Oak Lane Subdivision
  • Trash Expense $900

Listing and Financial Details

  • Assessor Parcel Number C0061-22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,858

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1920
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 57.09
  • Attribution Contact: Customer: 563-441-1776
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding, Wood Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, On Street, Parking Pad
  • Total Parking Spaces: 6

Utilities

  • Heating: Natural Gas
  • Electric Expense: 384
  • Water Sewer Expenses: 1240
  • Water Source: Public Sewer, Public
  • GasExpense: 1200
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 6
  • NumberofWaterMeters: 1
  • NumberOfRanges: 4
  • NumberofRefrigerators: 5
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 6

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 900
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size: 75X127
  • Parcel #: C0061-22

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4858
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 30300
  • Annual Operating Expense: 7386

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $275,000 -- $57 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: QC4266940

RMLS Alliance

APN: C0061-22