For sale
  • $250,000

    2502 Rockingham Rd, Davenport, IA 52802

    8beds
    4baths
    4,116sqft
    : 
    Multi Family, Quadruplex
    Built in 1904
    -- sqft lot
    $-- Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Spacious unitsIn-unit laundry hookups
    Fantastic investment opportunity in the heart of Davenport’s West End! This well-maintained fourplex offers four spacious units, each featuring 2 bedrooms, 1 bathroom, and convenient in-unit laundry hookups. All units are currently leased, providing immediate cash flow from day one. Enjoy a strong rental history, low operating costs, and an impressive return on investment. With annual gross rents of $38,400 and a solid tenant base, this property is an ideal addition to any portfolio—whether you’re a seasoned investor or just starting out. Located near shopping, dining, and major roadways, this centrally located property ensures long-term tenant demand. Don’t miss your chance to own a turn-key, income-producing asset in a high-demand rental area! Financial Highlights: Gross Annual Rent: $38,400 Annual Expenses: $7,878 (Water/Sewer: $4,200 | Dumpster Service: $1,500 | Property Insurance: $2,178) Net Operating Income: $30,522 Annual ROI: 12.21% (based on $250,000 investment)
    2 hours
    on Zillow
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