$250,000
PENDING

Estimated payment $1,626/month

Total Views 1,307
8 Beds
-- Bath
4,116 Sq Ft
$61 Price per Sq Ft

About This Home

Fantastic investment opportunity in the heart of Davenport’s West End! This well-maintained fourplex offers four spacious units, each featuring 2 bedrooms, 1 bathroom, and convenient in-unit laundry hookups. All units are currently leased, providing immediate cash flow from day one. Enjoy a strong rental history, low operating costs, and an impressive return on investment. With annual gross rents of $38,400 and a solid tenant base, this property is an ideal addition to any portfolio—whether you’re a seasoned investor or just starting out. Located near shopping, dining, and major roadways, this centrally located property ensures long-term tenant demand. Don’t miss your chance to own a turn-key, income-producing asset in a high-demand rental area! Financial Highlights: Gross Annual Rent: $38,400 Annual Expenses: $7,878 (Water/Sewer: $4,200 | Dumpster Service: $1,500 | Property Insurance: $2,178) Net Operating Income: $30,522 Annual ROI: 12.21% (based on $250,000 investment)

Listing Agent

Rachel Allen

KW 1Advantage Brokerage Phone: 563-484-1984 License #S69683000/475203272 Listed on: 08/11/2025

KW 1Advantage

Co-Listing Agent

Abby Meeks

KW 1Advantage Brokerage Phone: 563-484-1984 License #S66662000/475.203187

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1904

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 150x200
  • Level Lot

Home Design

  • 4,116 Sq Ft Home
  • Brick Foundation
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Assigned Parking

Schools

  • Davenport High School

Additional Features

  • 8 Bedrooms
  • Heating System Uses Natural Gas
  • Unfinished Basement

Community Details

  • Trash Expense $1,500

Listing and Financial Details

  • Assessor Parcel Number J0042-13

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,772

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1904
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Quadruplex
  • Attribution Contact: Cell: 563-484-1984
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Brick/Mortar
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Assigned, Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Cooling: None
  • Heating: Natural Gas
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1500
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size Acres: 0.26
  • Lot Size: 150x200
  • Additional Parcels Description: J37050
  • Parcel #: J0042-13

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3772
  • TaxExemptions: None

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 Pending -- -- --
08/11/2025 08/11/25 For Sale $250,000 -- $61 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: QC4266310

RMLS Alliance