3920 W 13TH ST new

Davenport,IA 52804

$ 385000

- Bed

- Bath

2880 SqFt


Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $133

Subdivision Meadowbrook

MLS Listing ID QC4267690

Maintenance Fees $175

Year Built 1981

Annual Tax Amount $3,280

Tax Year 2024

Lot Dimensions 106x61x114x83

Property Sub-Type Residential Income

Source rmlsa

Property Description

This updated four-plex with under-unit garages offers an excellent opportunity for an investor or owner-occupant, offering a 9% cap rate with vacancy already factored in. Three of the four units have been recently renovated, and three units are currently occupied with paying tenants. A coin-operated laundry provides added convenience and potential income. Major improvements include a new roof installed in 2023 and two furnaces replaced in 2022. The property is conveniently located near the fairgrounds, schools, and local dining options.

Location

State IA

County Rock Island

Area Qcara Area

Direction W Locust St., South on Farimount, West on 13th, property on the right.

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Laundry Common Area

Exterior

View true

Roof Type Shingle

Street Surface Paved

Total Parking Spaces 4

Garage 1

Building

Lot Description Sloped

Faces W Locust St., South on Farimount, West on 13th, property on the right.

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":850,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1400995Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":975,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1400995Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":1000,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1400995Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":975,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"1\",\"UnitTypeKey\":\"RMA1400995Group_4\"}]

Foundation Poured Concrete

Water Public Sewer,Public

Structure Type Vinyl Siding

New Construction false

Schools

High Schools Davenport

Others

Tax ID S2923B06

View More
Favorite Go Tour