100-Unit Multifamily Portfolio in
For Sale
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1215 East 11th Street, Davenport, IA 52803
Multifamily portfolio in Davenport and Bettendorf, Iowa. 100 units.
Property Size67,196 SF
Price / SF$85.12
Days on Market112
Property Features for 1215 East 11th Street
General Information
Standard status
Active
Size
67,196 SF
Class
C
Property subtype
Multifamily
Occupancy
87%
Investment Type
Value Add
Net Operating Income
$414,738
Building Details
Buildings
3
Units
100
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
Yianni Mouflouzelis · License #IA S73371000
Source:
Crexi
Added: May 13
Changed: Aug 24
Last Checked: Sep 1 at 3:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
The QC 100 Portfolio is a 100-unit multifamily property offering located across Davenport and Bettendorf, Iowa. The portfolio consists of Carriage Hill Apartments (44 units), Shire Apartments (28 units), and Rivendell Apartments (28 units), with a combined unit mix of 82 one-bedroom units and 18 two-bedroom units. Shire and Rivendell are located in Bettendorf, while Carriage Hill is located in Davenport’s East End. The portfolio features amenities including secure-entry buildings, on-site laundry facilities, detached garage parking, and on-site surface parking. Ownership covers select utility expenses. The property is located within some of Davenport and Bettendorf’s residential corridors, near retail, dining, parks, and riverfront recreation. Carriage Hill Apartments is located in Davenport’s East End, near the Village of East Davenport and downtown Davenport. Shire Apartments and Rivendell Apartments are positioned within Bettendorf. As part of the Quad Cities MSA, the property is near major employers including John Deere, Genesis Health System, UnityPoint Health, Rock Island Arsenal, Amazon, and Tyson Foods, and educational institutions including Palmer College of Chiropractic, St. Ambrose University, and Augustana College. The Property Size is 67196 square feet.
Key Highlights
- 100‑unit multifamily portfolio offering immediate scale in desirable Quad Cities submarkets.
- Strategically positioned assets with operational efficiencies through concentrated management and maintenance.
- Located in supply‑constrained residential corridors with strong demographics and proximity to amenities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 52803, IA
22,896
Population
10,427
Households
2.2
Avg Household Size
34
Median Age
35%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
4,489
Density / Sq Mi
$61,082
Median Household Income
$32,163
Median Earnings
$871
Median Rent
$157,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily portfolio in Davenport and Bettendorf, Iowa. 100 units.
Where is this apartment building located?
The property is located at 1215 East 11th Street Davenport, IA.
What is the asking price?
The asking price for this property is $5,720,000.
What are key features of this property?
This property features: 100‑unit multifamily portfolio offering immediate scale in desirable Quad Cities submarkets.; Strategically positioned assets with operational efficiencies through concentrated management and maintenance.; Located in supply‑constrained residential corridors with strong demographics and proximity to amenities.
