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3920 W 13th St
Davenport, IA 52804
Multifamily Property For Sale · 4 Units

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price Per Unit $128,569 CAD
Sale Type Investment
Cap Rate 9%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.18 AC
Building Size 2,880 SF
No. Stories 2
Year Built 1981

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
S2923B06
Land Assessment
$27,606 CAD
Improvements Assessment
$224,100 CAD
Total Assessment
$251,707 CAD
  • Listing ID: 38023990

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 3920 W 13th St, Davenport, IA 52804

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