1604 W 9TH Street, Davenport, IA

$445,000

Overview

  • 250969
  • Property ID
  • Updated On:
  • April 15, 2026
  • 157 ft2
  • Property Lot Size

Description

Turnkey 6-Unit Investment Opportunity in Davenport, Iowa Exceptional opportunity to acquire a fully renovated six-unit apartment building in Davenport. This turnkey property is ideal for investors seeking immediate cash flow with minimal maintenance concerns. Each of the six units features: * 2 bedrooms, 1 bathroom * Complete interior remodels * Brand-new appliances in every unit * Luxury vinyl plank flooring and new carpeting * Updated plumbing and electrical, including new panels Major capital improvements include: * New water heaters and heating systems in all units * All new windows and exterior doors throughout the building The property is fully occupied, with all units leased under one-year agreements-providing stable, immediate income from day one. This is a low-maintenance, high-demand asset in a strong rental market-perfect for both seasoned investors and those looking to expand their portfolio with a solid, income-producing property.

Other Features
Separate Meters
Stone
Vinyl Siding

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$2,281.60
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,725.35

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Information for the property at 1604 W 9TH Street, Davenport, IA, 52804 (Property ID: 250969) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi