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$245,000   Price Analysis
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430 E 7th St
Davenport, IA 52803
Unknown bed 4 bath 2,372 SqFt ($103/SqFt)
3,049SqFt lot. Built 1890
Listed 2024-06-04, Taxes $4,937		✓ USDA Eligible
near Davenport, IA
 Restrictions may apply
due to home size

Davenport Iowa Real Estate For Sale!

This Brick 4-Plex has Four 1 Bedroom Units that Tenants pay Electric. Gas and Water. $2, 750 / Month Rent for all Units. Great Investment Opportunity, 4 Additional Properties on Same Block For Sale!

There are 2 Lots to the West of this Property that Could be Included in Sale for Additional $20, 000 Total or $7, 500 for the Single (150 x 37.5) Lot and $15, 000 for the Double (150 x 75) Lot!


Presented by Lucky Lang II at
Mel Foster Brokerage, LLC - Mel Foster Co. Davenport.
Listing Agent Photo

Property MLS #QC4253225 from RMLSAlliance

Basement Features: Full

Full Bathrooms: 4

Heating Features: Forced Air

Lot Description: Corner Lot, Level
Lot Size Acres: 0.07
Lot Size Dimensions: 80 x 37.5
Lot Size Square Feet: 3049

Parking Features: On Street

Elementary School: Davenport
High School: Davenport

Central High School is a public high school located approximately 0.5 miles away.
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Madison Elementary School is a public elementary school located approximately 0.9 miles away.
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Frank L Smart Intermediate School is a public middle school located approximately 2 miles away.
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Sacred Heart Cathedral School is a private elementary and middle school located approximately 0.3 miles away.
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Gross Income: 33000
Gross Scheduled Income: 33000
Lease Term: Month To Month
Tenant Pays: Gas & Electric, Water

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 850
Unit 3 Total Actual Rent: 550
Unit 4 Total Actual Rent: 600

Annual Tax Amount: 2924
Source Listing Status: Active
County: Scott
Directions: From Brady Street turn East on E 7th Street
Tax Year: 2022
Source Property Type: Residential Income
Source Neighborhood: LeClaire
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: F0050-22
Subdivision: LeClaire
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2023$160,230 + $6,000
$166,230		$4,937
2022$130,850 + $6,000
$136,850		$4,418
2021$124,620 + $6,000
$130,620		$3,984
2020$124,620 + $6,000
$130,620		$4,259
2019$124,620 + $6,000
$130,620		$1,028
2018$28,770 + $6,000
$34,770		$1,082
2017$28,770 + $6,000
$34,770		$1,134
2016$28,440 + $6,000
$34,440		$1,256
2015$32,200 + $4,800
$37,000		$1,326
2014$32,200 + $4,800
$37,000		$1,410
2012$32,200 + $4,800
$37,000		$1,532
2011$32,200 + $4,800
$37,000		$1,508
2008$34,200 + $5,000
$39,200		$1,522

Listed 2024-06-04
$245,000
RMLSAlliance
Sold 2020-02-20
$848,000
Public Record
Sold 2015-12-04
$300,000
Public Record
Sold 2008-12-11
$25,500
Public Record

Net Operating Income: 30076

Year Built: 1890
Building Area Total: 2372
Construction Materials: Brick
Property Age: 134
Roof: Shingle
Structure Type: Two or More Story, Conversion

Water Source: Public Sewer, Public

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.