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$ 130,000
Est. payment | /mo
4 Beds
2 Baths
2,613 Sqft Lot
$ 130,000
Est. payment | /mo
4 Beds
2 Baths
2,613 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12664918
Bedrooms 4
Year Built 1900
Annual Tax Amount $1,376
Tax Year 2025
Lot Size 2,613 Sqft
Lot Dimensions 35 x 75
Property Sub-Type Two to Four Units
Property Description
Well maintained up/down duplex located near the heart of Davenport, offering a strong investment opportunity with immediate income potential. The upper unit is currently leased at $825/month, while the lower unit is vacant and move-in ready, previously marketed at $775/month. The updated lower-level unit features a clean, practical layout with a large, functional kitchen, dedicated laundry hook-ups, and easy-to-maintain finishes throughout. It's an ideal setup for tenants seeking convenience and efficient living. The upper unit mirrors the functional layout with 2 bedrooms and 1 bathroom, and the long-term tenant pays all utilities. Both units have secure access to the basement, and the owner covers only the common area electric along w/ snow removal and lawncare, keeping operating expenses low. As part of the City of Davenport's routine rental inspection process, one noncompliant item was noted: the front inner sidewalk requires repair before the rental license can be renewed. This provides a clear, straightforward path for the next owner to bring the property fully into compliance.
Location
State IA
County Scott
Area Davenport
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Equipment Water Heater-Electric
Fireplace N
Exterior
Roof Type Asphalt
Building
Lot Description None
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 1611 , 1611, 1611
Others
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brandon Kennedy of Ruhl&Ruhl REALTORS Moline
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Mike Machlet
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