USAIADavenportThomas2202 E Locust St
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2202 E Locust St, Davenport, IA

Real Estate

Sold

Listed price in listed location currency (USD).
$80,000
$100,000

000

MLS® QC4262447

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $1,416
Lot Size 0.26 acres
Approx. Age 1864
MLS® Number QC4262447

Property Address: 2202 E Locust St, Davenport, IA, 52803-3358

Average square foot calculated using Size range provided by listing agent.

Description

Investor's Dream in Northeast Davenport - 11% Cap Rate! This multi-family property features two 1-bedroom, 1-bathroom units, both currently occupied by long-term tenants who wish to stay-providing immediate cash flow from day one. Situated in desirable northeast Davenport, the property boasts a spacious parking lot, along with a 2-car detached garage, offering convenience and added value for tenants. With a strong 11% cap rate, this is a rare chance to secure a high-performing asset in a stable rental market. Whether you're a seasoned investor or just getting started, this property offers the perfect blend of low maintenance, solid returns, and reliable rental income. Don't miss out-start earning from day one!
MLS® NumberQC4262447
Laundry Level
Central VacNo
FireplaceNo
Acreage0.26
Exterior
GarageNo
Approx. Age1864
Basement
DrivewayOther
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Apr 25, 2025End Date
$80,000Sold Price

Sold

Apr 21, 2025List Date
$100,000List Price
  • Commute

Commute

Starting Address
Destination Address
2202 E Locust St, Davenport, IA

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