W 4th Street Apartments 2042 West 4th Street

Davenport, IA 52802

Sale Price

$440,000
Brochure
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Multifamily For Sale - Available Immediately
New Listing | 8 Units | 8.11% Cap Rate | Davenport, IA
Over $200,000 invested in recent capital improvements
All units have been fully renovated, featuring new kitchen cabinets and countertops, updated appliances, new vinyl flooring, new light fixtures, and fresh paint throughout
All 8 A/C units and 8 furnaces have been recently replaced
Residents pay in-unit gas/electric and water/sewer. Owner pays trash and common area utilities
Get in touch
David Eckley
David Eckley
Ray Hamilton
Ray Hamilton
Clark Matthews
Clark Matthews
Address: 2042-2046 W 4th St, Davenport, IA 52804

List Price: $440,000 ($55,000/unit)

Cap Rate: 8.11%

Number of Units: 8

​​​​​​​​​​​​​​Unit Mix: All 1BR/1BA

Avgerage In-Place Rents: $691

Year Built: 1920

Year Renovated: 2020

Property Highlights:
- Over $200,000 invested in recent capital improvements
- All units have been fully renovated, featuring new kitchen cabinets and countertops, updated appliances, new vinyl flooring, new light fixtures, and fresh paint throughout
- All 8 A/C units and 8 furnaces have been recently replaced
- Residents pay in-unit gas/electric and water/sewer. Owner pays trash and common area utilities

Sale Price

$440,000
Get in touch
David Eckley
David Eckley
Ray Hamilton
Ray Hamilton
Clark Matthews
Clark Matthews