Megan Burgmeier Pierce
Red Tree Realty/REAL Broker, LLC
(815) 554-5566
153 Total Sales
12 in Bettendorf
$194K - $280K Price Range
If you're looking for a fantastic investment, look no further! Right in the heart of Bettendorf, this turnkey 10-unit apartment building has been completely renovated. Each apartment comes with 2 bedrooms, 1 bathroom, & 2 parking spaces. It's been updated with all modern fixtures, including new furnaces & central air units. There's a laundry room with coin-operated machines, & each unit has a storage cage in the basement. Plus, there are separate gas & electric meters for each unit. Current market rate for rent is $995 plus utilities. The location is super convenient too, close to schools & right near I-74, so getting around is a breeze. Projected income for the property stands at $133,490 with rent, laundry, pet fees, & utility recovery offering strong cash flow. There's also an opportunity for value add, with raw space that can be converted into an additional 1-bed apartment for an estimated $70k, potentially generating $775-800 in monthly rent. With full occupancy anticipated in weeks, this property is read to deliver solid returns! Seller is a REALTOR Licensed in IA, IL & FL.
Last Agent to Sell the Property
Robert Bermes
RE/MAX Concepts Bettendorf License #471.017546/B65095000 Listed on: 09/18/2024
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Megan Burgmeier Pierce
Red Tree Realty/REAL Broker, LLC
(815) 554-5566
153 Total Sales
12 in Bettendorf
$194K - $280K Price Range
Geri Doyle
Mel Foster Co. Davenport
(563) 484-2857
423 Total Sales
477 in Bettendorf
$90K - $1.5M Price Range
Erin McChesney
Haven. Real Estate
(309) 865-5843
144 Total Sales
7 in Bettendorf
$139K - $390K Price Range
Tracy Smyser
RE/MAX Concepts Bettendorf
(563) 726-0217
60 Total Sales
2 in Bettendorf
$225,000 Price Range
Shueree Boley
Haven. Real Estate
(563) 296-3746
145 Total Sales
7 in Bettendorf
$139K - $390K Price Range
Kaitlyn Woods
RE/MAX Concepts Bettendorf
(779) 243-6919
79 Total Sales
53 in Bettendorf
$91K - $730K Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $920,000 | None Listed On Document | ||
| $760,000 | None Listed On Document | ||
| -- | None Available |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $925,000 | ||
| Previous Owner | $708,000 | ||
| Previous Owner | $190,000 | ||
| Previous Owner | $199,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $920,000 | -12.4% | $78 / Sq Ft | |
| 11/11/2024 11/11/24 | Pending | -- | -- | -- | |
| 09/18/2024 09/18/24 | For Sale | $1,050,000 | +38.2% | $89 / Sq Ft | |
| 09/29/2022 09/29/22 | Sold | $760,000 | +8.7% | $65 / Sq Ft | View Prior Sale |
| 08/19/2022 08/19/22 | Pending | -- | -- | -- | |
| 08/12/2022 08/12/22 | For Sale | $699,000 | -- | $60 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,396 | $817,500 | $131,400 | $686,100 |
| 2024 | $10,316 | $672,200 | $89,800 | $582,400 |
| 2023 | $11,610 | $672,200 | $89,800 | $582,400 |
| 2022 | $11,494 | $659,640 | $89,760 | $569,880 |
| 2021 | $11,494 | $659,640 | $89,760 | $569,880 |
| 2020 | $8,004 | $441,010 | $50,490 | $390,520 |
| 2019 | $8,236 | $441,010 | $50,490 | $390,520 |
| 2018 | $8,238 | $441,010 | $50,490 | $390,520 |
| 2017 | $2,453 | $441,010 | $50,490 | $390,520 |
| 2016 | $7,356 | $394,320 | $0 | $0 |
| 2015 | $7,356 | $394,320 | $0 | $0 |
| 2014 | $7,446 | $394,320 | $0 | $0 |
| 2013 | $7,286 | $0 | $0 | $0 |
| 2012 | -- | $428,620 | $50,490 | $378,130 |
R
Seller's Agent in 2024
Robert Bermes
RE/MAX Concepts Bettendorf
Buyer's Agent in 2024
Jesse Hammes
Cornerstone Partners QC - Real Broker, LLC
(563) 579-0777
92 Total Sales
K
Seller's Agent in 2022
Kate Howard
eXp Realty
M
Seller Co-Listing Agent in 2022
Megan Schrup
Exchange Brokers
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4256601
APN: 842119105
Ask me questions while you tour the home.