Tim Hernandez
Listing ID: 12616906
Listing Courtesy Of eXp Realty
Address: 1604 9TH Street
City: Davenport
State: IA
Postal Code: 52804
County: Scott
Property Remarks
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.
Features
Property Details
County: Scott
Property Type: Commercial Sale
Total Building SqFt: 5440
Approximate Lot Acres: 156.9
Exterior Finish: Stone, Vinyl Siding
Frontage/Access: Alley Access
Tax Year: 2025