1604 W 9TH Street, Davenport, IA 52804
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.
- Listing Courtesy of: eXp Realty
Details
Updated on June 28, 2026 at 1:01 pm-
Property ID MRD12616906
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Price $445,000
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Land Area 0.32 Acres
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Year Built 1920
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Property Type Multi Family
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Property Status Active
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Parcel Number H004301
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MLS Status Active
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Days On Market 76
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Living Area 0.32
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Cumulative Days On Market 69
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Tax Annual Amount 2984
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Directions From N Division Street, turn W onto 9th Street. Home is on the right.
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BuildingAreaTotal 5440
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LotSizeSquareFeet 13795
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StoriesTotal 2
Address
Open on Google Maps- Address 1604 W 9TH Street
- City Davenport
- State/county IA
- Zip/Postal Code 52804
- Country United States
Overview
- Multi Family
- 1920
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