3920 13th Street
Davenport,
IA
52804
$425,000.00
Listing Description
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.