2502 Rockingham Rd Davenport, IA 52802
West End NeighborhoodEstimated payment $1,626/month
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
KW 1Advantage Brokerage Phone: 563-484-1984 License #S69683000/475203272 Listed on: 08/11/2025
Co-Listing Agent
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
Map
Home Values in the Area
Average Home Value in this Area
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
MLS Number: QC4266310
- 2537 Boies Ave
- 2707 Jackson Ave
- 2614 Mckinley Ave
- 2736 Rockingham Rd
- 223 S Lincoln Ave
- 815 S Dittmer St
- 520 S Clark St
- 131 S Lincoln Ave
- 125 S Birchwood Ave
- 2312 W 1st St
- 2312 1/2 W 1st St
- 117 S Pine St
- 2008 Dixwell St
- 124 N Elmwood Ave
- 120 N Pine St
- 2014 Claussen St
- 2006 Claussen St
- 2010 W 1st St
- 2011 W 2nd St
- 3154 Diehn Ave