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Active - Other for sale
Davenport, IA
Facts & features
Why you’ll love it
Rarely does a multifamily investment combine location, flexibility, and upside quite like this. Situated directly across from the beautiful Vander Veer Park, this solid all-brick 5-unit apartment building offers immediate income, exceptional long-term appreciation potential, and multiple strategies to maximize your return. The property features five spacious one-bedroom, one-bath apartments, each with dedicated storage. Ample off-street parking space and a 4 car garage offer an attractive amenity that helps drive tenant demand. Looking to increase cash flow? Investors have the opportunity to explore converting one or more units into AIRBNB or other furnished short-term rentals (subject to any applicable licensing and operational requirements), creating the potential for significantly higher income than traditional long-term leases. This property also offers an ideal HOUSE-HACKING opportunity. Live comfortably in one unit, build equity, and generate passive income. Whether you're an experienced investor expanding your portfolio or an owner-occupant seeking a smart wealth-building strategy, this property offers remarkable flexibility. Constructed with durable brick for low-maintenance ownership and located in one of Davenport's most recognizable and desirable neighborhoods, this is the kind of investment that doesn't come along often. Strong rental demand, multiple income possibilities, and an unbeatable location make this an exceptional opportunity to grow your real estate portfolio.
Listings courtesy of RE/MAX Concepts Bettendorf as distributed by MLS GRID.
Listed by: Darla Hooper • RE/MAX Concepts Bettendorf
Co-listed by: RE/MAX Concepts Bettendorf
Source: MRED as distributed by MLS GRID, MLS#: 12691004
Based on info available as of Nov 14, 2026 at 12:20 PM EST.
Come see by yourself
Affordability
$2,181/mo
- Mortgage$1,744
- Property tax$436
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$6,900 Credit back
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Travel times
About Davenport
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 12:20pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$6,900 Credit back
