$370,000

1538 W 3rd St Davenport, IA 52802

Estimated payment $2,822/month

Total Views 7,302
6 Beds
-- Bath
7,555 Sq Ft
$49 Price per Sq Ft

Highlights

  • Two Heating Systems
  • Level Lot
  • Wood Siding

About This Home

Downtown Davenport rental income opportunity! 3 properties, one parcel. Properties consist of 1538 W. 3rd - 3 units; 1540 W. 3rd - 2 units; 1542 W. 3rd - 4 units. Income information is attached in the documents. 1538 - 1 1/1 $600 1538 - 2 1/1 $505 1538 - 3 3/1 $1200 1540 - 1 1/1 $500 1540 - 2 1/1 $650 1542 - 1 1/1 $500 1542 - 2 2/1 $750 1542 - 3 1/1 $550 1542 - 4 1/1 $525

Listing Agent

Shannon Elliott

BUY SELL BUILD QC - Real Broker, LLC Brokerage Email: Shannon@selliottqc.com License #S71226000/475208069

Co-Listing Agent

Stacey Schlichting

BUY SELL BUILD QC - Real Broker, LLC Brokerage Email: Shannon@selliottqc.com License #S72075000/475.215025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,120

Year Built

  • Built in 1890

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • 7,555 Sq Ft Home
  • Shingle Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

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

Schools

  • Davenport High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Green's 2Nd Add. Subdivision
  • Trash Expense $1,020

Listing and Financial Details

  • Assessor Parcel Number K0006-23A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,120

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1890
  • New Construction: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 48.97
  • Attribution Contact: Shannon@selliottqc.com
  • Special Features: None

Interior Features

  • Basement: Full, Partial
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Curbs & Gutters, Paved
  • Construction Type: Wood Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, On Street, Parking Pad
  • Total Parking Spaces: 5

Utilities

  • Heating: Heating Systems - 2+, Forced Air, Gas, Hot Water, Gas Water Heater
  • Electric Expense: 1686
  • Water Sewer Expenses: 1176
  • Water Source: Public Sewer, Public
  • GasExpense: 1686
  • NumberOfWaterHeaters: 3
  • NumberOfHeatingUnits: 3
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 7
  • NumberOfElectricMeters: 7
  • NumberofWaterMeters: 1
  • NumberOfRanges: 9
  • NumberofRefrigerators: 9
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1020
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size Acres: 0.31
  • Lot Size: n
  • Additional Parcels Description: K03056
  • Parcel #: K0006-23A

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5534
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 138720
  • Annual Operating Expense: 7988

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $9,120 $317,320 $40,500 $276,820
2023 $8,539 $317,320 $40,500 $276,820
2022 $9,527 $216,300 $40,500 $175,800
2021 $5,254 $207,930 $40,500 $167,430
2020 $9,833 $207,930 $40,500 $167,430
2019 $5,905 $193,470 $40,500 $152,970
2018 $5,720 $193,470 $40,500 $152,970
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2025 01/11/25 For Sale $370,000 +125.3% $49 / Sq Ft
07/31/2018 07/31/18 Sold $164,200 -8.7% $22 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $179,900 -- $24 / Sq Ft
Source: RMLS Alliance

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,000 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: QC4259686

RMLS Alliance

APN: K0006-23A