Estimated payment $1,254/month
5-unit multi-family in Silvis with strong value-add potential! Includes three 2BR/1BA units and two 1BR/1BA units—2 on the main floor, 2 on the second, and 1 on the third. Two renovated units are tenant-occupied (one month-to-month, one on a new lease). Three vacant units need renovation, offering income upside. Exterior updates include new gutters, electrical/security lighting, main water shut-off, and cast iron stack repairs (2025). In 2024, the building received 3 new outside lower decks, foundation repair, new roof, and siding. East-side decks/stairs still needed for upper-unit access/egress. Parking slab for 4 vehicles. Conveniently located near Schadt Park and John Deere Expressway, with hilltop city views. Finish the remaining work and unlock the full income potential of this investment property!
Listing Agent
RE/MAX Concepts Bettendorf Brokerage Email: rich@thebassfordteam.com License #S42142000/475.142927 Listed on: 09/02/2025
Co-Listing Agent
RE/MAX Concepts Bettendorf Brokerage Email: rich@thebassfordteam.com License #S64627000/475.170560
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,038 | $43,072 | $3,927 | $39,145 |
| 2023 | $4,038 | $28,522 | $2,600 | $25,922 |
| 2022 | $2,659 | $27,745 | $2,529 | $25,216 |
| 2021 | $2,604 | $26,525 | $2,418 | $24,107 |
| 2020 | $2,594 | $26,185 | $2,387 | $23,798 |
| 2019 | $2,568 | $25,710 | $2,344 | $23,366 |
| 2018 | $2,556 | $25,710 | $2,344 | $23,366 |
| 2017 | $2,530 | $25,230 | $2,300 | $22,930 |
| 2016 | $2,532 | $25,105 | $2,289 | $22,816 |
| 2015 | $2,527 | $24,613 | $2,244 | $22,369 |
| 2014 | $574 | $23,996 | $2,188 | $21,808 |
| 2013 | $574 | $23,996 | $2,188 | $21,808 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $169,900 | -- | $23 / Sq Ft |
$150,000
Both units are 2BR/1BA units. Fenced yard is shared. Small storage shed is shared. Unit 1012 had new Dryer in early 2024, and new 40 gal water heater in 11/2024. 1012 unit is month to month since 12/01/2023 & monthly rent is $850/month. 1014 unit was vacated in July, 2024 and has been a major overhaul; this unit has fresh paint throughout, all new LVP flooring, new blinds, replaced vanity and
David Maubach Mel Foster Co. Davenport
Source: RMLS Alliance
MLS Number: QC4266981
APN: 09-32-108-003
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