$699,000 Price Analysis    ♡   Davenport, IA 52804 Unknown bed 2 bath 7,000 SqFt ($99/SqFt) 0.7 acre lot. Built 1958 Listed 2024-04-16, Taxes $9,467 | ✓ USDA Eligible near Davenport, IA Restrictions may apply due to home size |
This 8 unit brick apartment building is mostly updated
Stablized and 100% occupied. Each apartment is 2 bedroom, 1 bath an d 750 sf. Each unit comes with a garage and there are 2 community sets of coin operated washer/dryer.
Boiler heat and new common water heater. Building is owned by a Managing Broker licensed in Iowa and Illinois.
Presented by Chris Thomas at
Thomas Real Estate Development, Inc.
Property MLS #QC4251759 from RMLSAlliance
Full Bathrooms: 2
Heating Features: Baseboard, Gas, Hot Water, Wall Unit(s)
Lot Description: Terraced/Sloping
Lot Size Acres: 0.698
Lot Size Dimensions: Irregular
Lot Size Square Feet: 30405
Lot Size Acres: 0.698
Lot Size Dimensions: Irregular
Lot Size Square Feet: 30405
Parking Features: Attached, Detached
Parking Total: 16
Parking Total: 16
Gross Income: 82080
Number of Units: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit 1 Total Actual Rent: 895
Unit 2 Total Actual Rent: 895
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit 1 Total Actual Rent: 895
Unit 2 Total Actual Rent: 895
High School: Davenport
Frank L Smart Intermediate School is a public middle school located approximately 0.7 miles away.
Map directions
Map directionsMonroe Elementary School is a public elementary school located approximately 0.7 miles away.
Map directions
Map directionsWest High School is a public high school located approximately 1.8 miles away.
Map directions
Map directionsMarquette Academy is a private elementary school located approximately 0.3 miles away.
Map directions
Map directionsMaintenance Expense: 5000
Annual Tax Amount: 8546
Source Listing Status: Active
County: Scott
Directions: Fillmore St between 8th & 9th Street.
Tax Year: 2022
Source Property Type: Residential Income
Insurance Expense: 5000
Source Neighborhood: Fillmore Heights
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: H0042-38
Subdivision: Fillmore Heights
Trash Expense: 1200
Property Subtype: Residential Income
Source System Name: C2C
Source Listing Status: Active
County: Scott
Directions: Fillmore St between 8th & 9th Street.
Tax Year: 2022
Source Property Type: Residential Income
Insurance Expense: 5000
Source Neighborhood: Fillmore Heights
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: H0042-38
Subdivision: Fillmore Heights
Trash Expense: 1200
Property Subtype: Residential Income
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $349,950 + $50,180 $400,130 | $9,467 |
| 2021 | $323,400 + $50,180 $373,580 | $6,781 |
| 2020 | $252,300 + $50,180 $302,480 | $6,572 |
| 2019 | $252,300 + $50,180 $302,480 | $6,272 |
| 2018 | $229,350 + $50,180 $279,530 | $6,138 |
| 2017 | $229,350 + $50,180 $279,530 | $6,356 |
| 2016 | $229,350 + $50,180 $279,530 | $5,898 |
| 2015 | $247,000 + $22,300 $269,300 | $5,980 |
| 2014 | $247,000 + $22,300 $269,300 | $5,878 |
| 2012 | $247,000 + $22,300 $269,300 | $9,658 |
| 2011 | $210,800 + $22,300 $233,100 | $9,394 |
| 2008 | $219,900 + $30,800 $250,700 | $9,740 |
Listed 2024-04-16
$699,000
RMLSAlliance
Sold 2023-02-03
$665,000
Public Record
Listing removed 2023-01-12
$0
RMLSAlliance
Listed 2022-10-17
$700,000
RMLSAlliance
Sold 2021-04-05
$595,000
Public Record
$699,000
RMLSAlliance
Sold 2023-02-03
$665,000
Public Record
Listing removed 2023-01-12
$0
RMLSAlliance
Listed 2022-10-17
$700,000
RMLSAlliance
Sold 2021-04-05
$595,000
Public Record
Net Operating Income: 56834
Operating Expense: 16700
Operating Expense: 16700
Year Built: 1958
Building Area Total: 7000
Construction Materials: Brick
Property Age: 66
Roof: Shingle
Structure Type: Apartment Building
Building Area Total: 7000
Construction Materials: Brick
Property Age: 66
Roof: Shingle
Structure Type: Apartment Building
Electric Expense: 2000
Water Sewer Expense: 1500
Water Source: Public Sewer, Public
Water Sewer Expense: 1500
Water Source: Public Sewer, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.