11 OAK LN, Davenport, IA 52803
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$ 275,000
Est. payment | /mo

6 Beds

4 Baths

4,817 SqFt


Save
$ 275,000
Est. payment | /mo
Save

6 Beds

4 Baths

4,817 SqFt

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,817 sqft

Price per Sqft $57

MLS Listing ID QC4266940

Bedrooms 6

Full Baths 4

Maintenance Fees $1,750

Year Built 1920

Annual Tax Amount $4,858

Tax Year 2024

Lot Size 10,454 Sqft

Lot Dimensions 75X127

Property Sub-Type Two to Four Units

Property Description

Great investment opportunity! This fully rented 4 unit conversion offers updated units with 1 new tenant, and 3 long-term tenants - 2 of which are currently month-to-month. It was previously listed as a 5 unit property, but unit 5 (walk up attic) is not habitable, and the county reassessed and lowered the taxable amount by almost $40K for 2025! Attic unit has a fire escape and potential to be finished and added to unit 4 for a 2 level - 3 bedroom, 2 bathroom apartment. Tenants responsible for electricity only. Fireplaces are inoperable. Water heater was replaced in 2020. Dual furnace has an annual maintenance agreement. Exterior wood recently painted. Schedule a showing today!

Location

State IA

County Scott

Area Davenport

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Lot Description Level

Dwelling Type Two to Four Units

Building Description Aluminum Siding, No

Sewer Public Sewer

Water Public

Structure Type Aluminum Siding

New Construction false

Schools

School District 1611 , 1611, 1611

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Allison Langan of  Ruhl&Ruhl REALTORS Davenport 

Nearby Locations

Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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11 OAK LN