$230,000
SOLD DEC 6, 2024
-- Bed
-- Bath
4,440 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

31% Below List Price

84 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 4-minute walk to Prospect Terrace Park

About This Home

As of December 2024

Turnkey 6-plex located in a great neighborhood in Davenport is close to the village and downtown area. This brick building has been well maintained inside and out, and all 6 units are tenant occupied. Whether you're a seasoned investor or looking to buy your first income generating property, this multi-family building cashflows!

Last Agent to Sell the Property

Kyle Robinson

Epique Realty Brokerage Phone: 563-505-1806 License #S62397000/475.163000 Listed on: 08/16/2024

Epique Realty

Co-Listed By

Ethan Vander Meersch

Epique Realty Brokerage Phone: 563-505-1806 License #S70533000/475210505

Last Buyer's Agent

Hank Robertson

Ruhl&Ruhl REALTORS Davenport License #S71631000/475210987

Ruhl&Ruhl REALTORS Davenport

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 64x151
  • Level Lot

Home Design

  • 4,440 Sq Ft Home
  • Block Foundation

Parking

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

Schools

  • Davenport High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Unfinished Basement

Community Details

  • Fulton Subdivision
  • Trash Expense $1,014

Listing and Financial Details

  • Tenant pays for gas & electric
  • Assessor Parcel Number F0039-15

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1950
  • New Construction: No
  • Structure Type: Other
  • PricePerSqFt: 51.8
  • Attribution Contact: Cell: 563-505-1806
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley, Curbs & Gutters
  • Construction Type: Brick
  • Foundation Details: Block
  • Roof: Other
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air, Gas, No Cooling, Electric Water Heater
  • Electric Expense: 780
  • Water Sewer Expenses: 1500
  • Laundry Features: None, Other
  • Water Source: Public Sewer, Public
  • GasExpense: 780
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 7
  • NumberOfElectricMeters: 7
  • NumberofWaterMeters: 7
  • NumberOfRanges: 0
  • NumberofRefrigerators: 0
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 1000

Fee Information

  • Trash Expense: 1014
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Zoning: Residential
  • Lot Size: 64x151
  • Parcel #: F0039-15

Rental Info

  • Tenant Pays: Gas & Electric
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4134
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 39300
  • Annual Operating Expense: 5678

Similar Homes in Davenport, IA

  • 430 E 7th St, Davenport, IA 52803

    $217,500

    • 4 Beds
    • 2,372 Sq Ft
    • 430 E 7th St
    • Davenport, IA

    Davenport Iowa Real Estate For Sale! This Brick 4-Plex has Four 1 Bedroom Units that Tenants pay Electric. Gas, & Water. $2,750 / Month Rent for all Units! Only $91 per Square Feet!! Great Investment Opportunity, 4 Additional Properties on Same Block For Sale! There are 2 Lots to the West of this Property that Could be Included in Sale for Additional $20,000 Total or $7,500 for the Single (150 x

    Lucky Lang II Mel Foster Co. Davenport

    Section Image
  • 707 Brady St, Davenport, IA 52803

    $179,900

    • 6 Beds
    • 3,464 Sq Ft
    • 707 Brady St
    • Davenport, IA

    Uniques investment opportunity. Located across the street from Palmer Chiropractic college and up the hill from Downtown Davenport. Large 2story Duplex Upstairs offers Over 2,000 square feet. 5 large bedrooms and 2 full baths, and 2 car garage. Beautiful woodwork throughout, Mosaic tile decorative fireplace, Bay window seating, grand wooden staircase and beautiful pocket doors! Advertised

    Cris Ryder EXIT Realty Fireside

    Section Image
  • 1812 Pershing Ave, Davenport, IA 52803

    $187,900

    • 6 Beds
    • 2,480 Sq Ft
    • 1812 Pershing Ave
    • Davenport, IA

    This Turnkey Duplex has Numerous Updates. New Roof, newer mechanicals including wiring. Like new central a/c units. Upper 3 bedroom unit has been freshly painted. Complete with carpet and flooring. Tenants pay all utilities. This property has been well maintained. Close to shopping and schools. Nothing to do here. EXCELLENT MONTHLY INCOME $2095.00. YEARLY GROSS $25140.00 Great investment

    Tony Savala RE/MAX Concepts Bettendorf

    Section Image
  • 122 E 17th St, Davenport, IA 52803

    $199,000

    • 4 Beds
    • 5,280 Sq Ft
    • 122 E 17th St
    • Davenport, IA

    This building not only offers four spacious one bedroom apartments but includes over 2600 square foot of main level office/retail space plus a full basement. There is on street parking in the front that was resurfaced in 2024 plus a large parking lot in the back. Each apartment has front door and backdoor access as does the main level office/retail space. Apartments rented for $550/month.

    Troy Stierwalt Realty One Group Opening Doors

    Section Image
  • 320 W Hayes St Unit 320, 320 1/2, 320 1/, Davenport, IA 52803

    $239,500

    • 2 Beds
    • 2,334 Sq Ft
    • 320 W Hayes St
    • Unit 320, 320 1/2, 320 1/
    • Davenport, IA

    Solid Brick Tri-Plex Near Ambrose University, Palmer college & Vander Veer Park –An income-Producing property with Classic Charm. This well-built, solid brick tri-plex features two spacious one-bedroom units and one efficient studio apartment—ideal for investors or owner-occupants seeking dependable rental income in a highly desirable location. Each unit offers private entrances, beautiful

    Tom Behal Mel Foster Co. Davenport

    Section Image
  • 910 W 3rd St, Davenport, IA 52802

    $239,000

    • 4 Beds
    • 3,920 Sq Ft
    • 910 W 3rd St
    • Davenport, IA

    Great investment property in West Davenport. 6 unit building, close to downtown. 2 units are 2 bedroom, 1 bath, 700 sq ft. 4 units are studio with one full bath, 500 sq ft. Off street parking available.

    Shannon Elliott BUY SELL BUILD QC - Real Broker, LLC

    Section Image
  • 2107 N Marquette St, Davenport, IA 52804

    $230,000

    • 4 Beds
    • 2,667 Sq Ft
    • 2107 N Marquette St
    • Davenport, IA

    Large 4-Plex in a great location close to schools, parks, restaurants, shops, and more! Each apartment features 1 bedroom & 1 full bathroom. This property is currently vacant and ready for new tenants. Each apartment would rent for approximately $850/mo. This home has been freshly refurbished with updated flooring, internal paint, cabinets, countertops, fixtures, and more! This large property

    Zach Frick eXp Realty

    Section Image
  • 6109 Western Ave, Davenport, IA 52806

    $180,000

    • 4 Beds
    • 1,908 Sq Ft
    • 6109 Western Ave
    • Davenport, IA

    Great investment opportunity in N Davenport! This side-by-side 2-story duplex offers instant cash flow with both units leased—each bringing in $900/mo with tenants covering all utilities, mowing, & snow removal. Each unit mirrors the other with 2 bedrooms, 1 full bath, a living room, informal dining area, kitchen, & unfinished basement with laundry hookups. Sliding glass doors lead to a huge

    Richard Bassford RE/MAX Concepts Bettendorf

    Section Image
  • 6317 Appomattox Rd, Davenport, IA 52806

    $189,900

    • 6 Beds
    • 2,200 Sq Ft
    • 6317 Appomattox Rd
    • Davenport, IA

    Northwest Davenport Investment Property For Sale! Unit are similar floorplans. 3brs, 1.5ba, 1100sqft with unfinished basements with laundry hookups. New LVP flooring in last three years. Separate utility meters for all units. Tenants pay all utilities. All leases are currently month to month with background checks and deposits in place. Seller is a licensed real estate agent in IA & IL. 48hour

    Peter Voss 3% Listing Company, LLC

    Section Image

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
12/06/2024 12/06/24 Sold $230,000 -23.3% $52 / Sq Ft
11/08/2024 11/08/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $299,900 -10.5% $68 / Sq Ft
09/23/2024 09/23/24 For Sale $335,000 0.0% $75 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $335,000 -- $75 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4255550

RMLS Alliance