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Renovated 44-Unit Apartment Building
For Sale
$2,480,000

1203 E 11th St, Davenport, IA 52803

44 one-bedroom, one-bath units with on-site parking and two storage garages available to rent.

Property Size31,196 SF
Days on Market142

Property Features for 1203 E 11th St

General Information

Standard status Active
Size 31,196 SF
Total Parking Spaces 32
Property subtype Multifamily
Occupancy 87%

Additional Details

Multifamily Units 44

Amenities

storage garages
44-Unit Asset in Davenport's East End Near Downtown & East Village
Strong Workforce Housing Demand in Established Infill Location
Detached Garages Create Additional Income Potential

Building Details

Building Size 31,196 SF
Units 44
Tenancy Multi
Listing Agency:
Listed By: Yianni Mouflouzelis · License #License(s): IL: 475.205207, MI: 6501455825, IA: S73371000
Source: Marcusmillichap
Added: Apr 11 Changed: Aug 25 Last Checked: Aug 29 at 6:11AM

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 Yianni Mouflouzelis

Investment Insights

Based on property information with market context.

This 44-unit apartment building offers 1-bedroom, 1-bath units. The units have been renovated as needed to achieve market rent. The property includes 32 parking spaces and two storage garages that are available to rent onsite.

The building is located in Davenport’s East End area, with easy access to downtown Davenport.

The current configuration is fully residential income use, with parking and storage amenities intended to support day-to-day tenant needs.

Key Highlights

  • 44‑unit multi‑family property in Davenport, Iowa, with all units as 1‑bedroom/1‑bath.
  • All units have been renovated to the extent needed to achieve market rent.
  • On‑site parking includes 32 parking spaces for tenants.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage Auto Parts Store Bakery Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

44
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

497
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 44 one-bedroom, one-bath units with on-site parking and two storage garages available to rent.
Where is this apartment building located?
The property is located at 1203 E 11th St Davenport, IA.
What is the asking price?
The asking price for this property is $2,480,000.
What are key features of this property?
This property features: 44‑unit multi‑family property in Davenport, Iowa, with all units as 1‑bedroom/1‑bath.; All units have been renovated to the extent needed to achieve market rent.; On‑site parking includes 32 parking spaces for tenants.
More about this property
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