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    120 N Pine St Davenport, IA 52802

    For Sale
    $169,900

    Residential Income - Davenport, IA

    Property size:
    2,448 SF
    Days on Market:
    15
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 120 N Pine St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    K0016-07
    Parking
    4
    Parking features
    On Street
    Interior features
    Cable Available
    Exterior features
    Level
    Size
    2,448 SF

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    eXp Realty, LLC (833) 835-5566 [email protected]

    Listing agent Stephanie Kauzlarich (833) 835-5566 License #S59919000/475.135257

    Listing date Nov 21, 2025

    MLS# QC4269570 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Quadplex in Davenport, Iowa

    This turnkey fourplex is fully occupied, presenting an immediate investment opportunity. The property features several significant updates, including a roof replacement in 2023, a water heater installed in 2021, basement waterproofing completed in 2012, siding updated in 2010, and windows replaced around 2003. Two of the main units were remodeled last year. A coin-operated laundry in the basement provides an additional income stream. Located in Davenport, Iowa, the property offers approximately an 11% capitalization rate without additional laundry income, with annual debt service (ADS) around $16,000 and cash flow approximately $2100 per year. The property size is 2448 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.610592
    Latitude
    41.520752

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    FAQs

    What type of property is this?
    Quadplex - Four-unit residential income property with recent renovations and upgrades.
    Where is this quadplex located?
    The property is located at 120 N Pine St Davenport, IA.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: - Turnkey 4-plex with all units currently occupied.; - **High cap rate of approximately 11%.**; - Significant recent capital improvements: new roof (2023), newer water heater (2021), basement waterproofed (2012), newer siding (2010).
    (833) 835-5566
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    Davenport, IA 52802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 N Pine St Davenport, IA 52802
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