Davenport, IA 52806
$1,288,700
Mark Quesada
Broker / Owner
LIC #475144827
Rare, cash flowing investment opportunity consisting of 14 adjacent townhouse-style units, consisting of an 8-plex and a 6-plex, each spacious unit featuring 2 bedrooms, 1 bathroom, 2 car spaces, and dry basements equipped with washer and dryer hookups. This turnkey property has been professionally managed with a strong rental history and consistently low vacancy rates. Residents enjoy a highly desirable location with convenient access to shopping, grocery stores, restaurants, parks, schools, and major commuter routes, contributing to long-term tenant demand. The property has been well-maintained, with a new roof and siding installed in 2021, providing added value and peace of mind for potential investors. Whether you're expanding an existing multifamily portfolio or acquiring a high-performing investment in the growing Quad Cities market, this is a rare opportunity to own a quality, income-producing asset in an established location. Opportunities like this don't come around often!
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$9,685/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Darla Hooper, RE/MAX Concepts Bettendorf
MLS# MRD12702854 · Active
History reflects records reported to the MLS and may be incomplete.