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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 375,000

Est. payment -/mo

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Active

805 W 2ND ST Davenport, IA 52802

7,943 SqFt

UPDATED:

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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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA