1538 W 3rd St Davenport, IA 52802
Downtown Davenport NeighborhoodEstimated payment $2,406/month
Highlights
- 0.31 Acre Lot
- Forced Air Heating System
- Hot Water Heating System
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
BUY SELL BUILD QC - Real Broker, LLC License #S71226000/475208069 Listed on: 08/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,534
Year Built
- Built in 1890
Lot Details
- 0.31 Acre Lot
Home Design
- 7,555 Sq Ft Home
Utilities
- Forced Air Heating System
- Dual Heating Fuel
- Hot Water Heating System
- Heating System Uses Gas
- Separate Meters
Community Details
Overview
- 9 Units
Building Details
- Electric Expense $1,686
- Fuel Expense $1,686
- Maintenance Expense $600
- Trash Expense $1,020
- Water Sewer Expense $1,176
- Operating Expense $7,988
- Gross Income $69,360
- Net Operating Income $55,838
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $8,822 | $317,320 | $40,500 | $276,820 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $370,000 | +125.3% | $49 / Sq Ft | |
| 07/31/2018 07/31/18 | Sold | $164,200 | -8.7% | $22 / Sq Ft | View Prior Sale |
| 06/07/2018 06/07/18 | Pending | -- | -- | -- | |
| 05/29/2018 05/29/18 | For Sale | $179,900 | -- | $24 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4265989
APN: K0006-23A
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