$350,000
$35K PRICE DROP

Estimated payment $2,109/month

Total Views 82,049
8 Beds
-- Bath
2,880 Sq Ft
$122 Price per Sq Ft

About This Home

This updated four-plex with under-unit garages offers an excellent opportunity for an investor or owner-occupant, offering a 9% cap rate with vacancy already factored in. Three of the four units have been recently renovated, and three units are currently occupied with paying tenants. A coin-operated laundry provides added convenience and potential income. Major improvements include a new roof installed in 2023 and two furnaces replaced in 2022. The property is conveniently located near the fairgrounds, schools, and local dining options.

Listing Agent

Tim Miner

HomeSmart Residential and Commercial Realty Brokerage Phone: 309-721-3314 License #475.193191/S70961000 Listed on: 09/24/2025

HomeSmart Residential and Commercial Realty

Co-Listing Agent

Trenton McDonough

HomeSmart Residential and Commercial Realty Brokerage Phone: 309-721-3314 License #S67775000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,280

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 106x61x114x83
  • Sloped Lot

Home Design

  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 8 Bedrooms
  • 2,880 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Subterranean Parking

Schools

  • Davenport High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Meadowbrook Subdivision
  • Trash Expense $739

Listing and Financial Details

  • Assessor Parcel Number S2923B06

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,280

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1981
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Quadruplex
  • Attribution Contact: Cell: 309-721-3314
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Sloped
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Underground
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 788
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 1
  • NumberOfDryers: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 739
  • AdvertisingExpense: 0

Schools

  • High School: Davenport

Lot Info

  • Lot Size: 106x61x114x83
  • Parcel #: S2923B06

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3280
  • TaxExemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Prior Sale
10/30/2025 10/30/25 Price Changed $350,000 -6.7% $122 / Sq Ft
10/08/2025 10/08/25 Price Changed $375,000 -2.6% $130 / Sq Ft
09/24/2025 09/24/25 For Sale $385,000 +47.8% $134 / Sq Ft
07/05/2023 07/05/23 Sold $260,500 -4.2% $90 / Sq Ft View Prior Sale
04/24/2023 04/24/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $272,000 0.0% $94 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $272,000 +60.8% $94 / Sq Ft
11/13/2017 11/13/17 Sold $169,200 -10.9% $59 / Sq Ft View Prior Sale
09/20/2017 09/20/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $190,000 -- $66 / Sq Ft
Source: RMLS Alliance

About the Listing Agent

Tim Miner

HomeSmart Residential and Commercial Realty

(563) 228-8961

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Tim Miner is a full-time real estate broker licensed in both Illinois and Iowa, proudly serving the Quad Cities area. He began his real estate career in 2020 as a dual-career agent and transitioned to full-time in 2023, driven by a strong commitment to integrity, professionalism, and client-focused service.
Tim’s passion for real estate began with a personal experience—purchasing a home without an agent. What he thought would be simple turned out to be full of hidden risks and missed

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    • 1.5 Baths
    • 1,336 Sq Ft
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  • 520 N Gaines St, Davenport, IA 52802

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  • 6322 Appomattox Rd, Davenport, IA 52806

    $159,900

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  • 4723 28th Ave, Moline, IL 61265

    $224,900 Pending

    • 3 Beds
    • 2 Baths
    • 2,100 Sq Ft
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  • 158 5th St, Silvis, IL 61282

    $99,900

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    • 1 Bath
    • 1,292 Sq Ft
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  • 1330 20th St, Rock Island, IL 61201

    $228,000 Sold Jun 26, 2025

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    • 2 Baths
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  • 3517 18th Ave, Rock Island, IL 61201

    $107,500 Sold Nov 13, 2025

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    • 1 Bath
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Source: RMLS Alliance

MLS Number: QC4267690

RMLS Alliance