1604 W 9TH Street
Turnkey 6-Unit Investment Opportunity in Davenport, Iowa Exceptional opportunity to acquire a fully renovated six-unit apartment building in Davenport. This turnkey property is ideal for investors seeking immediate cash flow with minimal maintenance concerns. Each of the six units features: * 2 bedrooms, 1 bathroom * Complete interior remodels * Brand-new appliances in every unit * Luxury vinyl plank flooring and new carpeting * Updated plumbing and electrical, including new panels Major capital improvements include: * New water heaters and heating systems in all units * All new windows and exterior doors throughout the building The property is fully occupied, with all units leased under one-year agreements-providing stable, immediate income from day one. This is a low-maintenance, high-demand asset in a strong rental market-perfect for both seasoned investors and those looking to expand their portfolio with a solid, income-producing property.
- Nally's Kitchen 0.6 mi
- Rudy's Tacos 0.6 mi
- Taco Bell 0.7 mi
- Riefe's Family Restaurant 0.7 mi
- Big JJ Fish and Chicken 0.7 mi
- Don Juan Mexican Cocina 0.7 mi
- Hy-Vee 0.9 mi
- Kwik Star 1.3 mi
- Express Lane 1.3 mi
- ALDI 1.3 mi
- Riverview Terrace Park 950 ft
- Koenig Park 0.2 mi
- Fejervary Park 0.4 mi
- Mother Goose Land 0.4 mi
- Monroe Park 0.5 mi
- Jefferson Park 0.6 mi
- Dunkin' 0.7 mi
- 392 Caffé 1.0 mi
- T&L's Java Joint Drive-Thru 1.2 mi
- Cafe One Eleven 1.4 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12616906