Property Description
Welcome to this property located in Davenport, IA. Built in 1900. this home is offered at $225,000.
Seven-unit commercial investment property positioned along Davenport’s primary north-south corridor (U.S. Route 61 Business/Brady Street). Fully occupied and generating a Net Operating Income of $21,676. 5,394 SF brick building on 0.24 acres with strong corridor visibility near downtown Davenport and major arterials. Tenants are responsible for electric service in their units, while ownership covers water, sewer, and trash. Property features rear access off E. 15th Street, providing convenient parking and service entry. A solid asset ideal for investors seeking stabilized cash flow.
Climate control includes central air cooling.
The property sits on a 10500 SF lot.
Utilities include municipal water water.
Located in Scott County.
Annual property taxes are $3,650 (as of 2024).
- Principal and Interest
- Property Tax
- HOA fee
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