Property Description
Welcome to this property located in Davenport, IA. Built in 1889. this home is offered at $110,000.
Four-unit multifamily investment property located just off E. Locust Street, within close proximity to shopping corridors and neighborhood amenities. Fully occupied and generating a Net Operating Income of $8,725. 2,568 SF two-story structure on 0.17 acres featuring efficient unit layouts and a strong rental history. Tenants are responsible for electric service, while ownership covers water, sewer, and trash. Property includes rear alley access with a small lot providing off-street parking. Ideal for investors seeking dependable returns in the Quad Cities market.
The property sits on a 7308 SF lot.
Utilities include municipal water water.
Located in Scott County.
Annual property taxes are $1,546 (as of 2024).
- Principal and Interest
- Property Tax
- HOA fee
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