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Listed price in listed location currency (USD).
$199,000

000

MLS® QC4268833

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $3,928
Days Active 0
Approx. Age 1900
MLS® Number QC4268833

Property Address: 709 N Perry St, Davenport, IA, 52803-5346

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

Description

Five-unit multifamily investment property located near Palmer College of Chiropractic and the downtown core. Fully occupied and generating a Net Operating Income of $16, 846, reflecting an 8.47% cap rate based on current operating performance. ±5, 602 SF multi-level structure on ±0.28 acres with efficient layouts, and consistent income history. Tenants are responsible for electric service in their units, while ownership covers water, sewer, and trash. Property includes a long side driveway providing access to rear parking for tenants. Ideal for investors seeking a stabilized asset in a high-demand rental corridor near Palmer College and downtown amenities. Also available as a portfolio: 413 W 6th St (G0054-22) • 1429 Brady St (G0024-15) • 1816 Davenport Ave (F0004-31) • 805 W 2nd St (L0014-11) • 709 Perry St (G0041-14). Entire portfolio offered collectively for $1, 250, 000, representing approximately a 5% savings compared with individual pricing
MLS® NumberQC4268833
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 29, 2025List Date
$199,000List Price
  • Commute

Commute

Starting Address
Destination Address
709 N Perry St, Davenport, IA

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