805 W 2ND ST Davenport, IA 52802

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,943 sqft

Price per Sqft $47

MLS Listing ID QC4268831

Year Built 1900

Annual Tax Amount $3,956

Tax Year 2024

Lot Size 6,098 Sqft

Lot Dimensions 6,000 SF

Property Sub-Type Multi Family 5+

Property Description

Thirteen-unit commercial investment property located within Davenport's I-MU (Industrial Mixed Use) district near the downtown core and riverfront. The property is fully occupied and generates a Net Operating Income of $37,681. 7,943 SF brick building on 0.14 acres featuring multi-tenant layouts and consistent occupancy. Ownership provides utilities for this building and charges tenants an additional $50 per month during the months they use window A/C units. Property includes an on-site parking lot accessible from an alley off Brown or Warren Street. Strong visibility and accessibility via downtown arterials. Property is located within the mapped floodplain.

Location

State IA

County Scott

Area Davenport

Interior

Flooring Tile, Wood

Fireplace N

Exterior

Roof Type Membrane

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick

Listed by Shawn Langan of NAI Ruhl Commercial Company

Nearby School & Business

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106