1604 W 9TH Street, Davenport, IA
  • $445,000

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
  • Price $445,000
  • Land Area 0.32 Acres
  • Year Built 1920
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number H004301
  • MLS Status Active
  • Days On Market 76
  • Living Area 0.32
  • Cumulative Days On Market 69
  • Tax Annual Amount 2984
  • Directions From N Division Street, turn W onto 9th Street. Home is on the right.
  • BuildingAreaTotal 5440
  • LotSizeSquareFeet 13795
  • StoriesTotal 2
  • Address 1604 W 9TH Street
  • City Davenport
  • State/county IA
  • Zip/Postal Code 52804
  • Country United States

Overview

Property ID: MRD12616906
  • Multi Family
  • Property Type
  • 1920
  • Year Built

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