Downtown Triplex Quadplex
For Sale
Contact for pricing
1538 W 3RD Street, Davenport, IA 52802
Three rental buildings on one parcel include 3, 2, and 4-unit configurations along W 3rd Street.
Property SizeContact for details
Days on Market111
Property Features for 1538 W 3RD Street
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
9
Listing Agency:
BUY SELL BUILD QC - Real Broker, LLC
Listed By:
Shannon Elliott · License #S71226000/475208069
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 22 at 8:49PM
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 BUY SELL BUILD QC - Real Broker, LLC
Investment Insights
Based on property information with market context.
This downtown Davenport rental income opportunity features three separate residential properties on a single parcel, comprising 1538 W. 3rd with 3 units, 1540 W. 3rd with 2 units, and 1542 W. 3rd with 4 units. Unit mix across the buildings includes 1-bedroom and 2-bedroom configurations, with several 1-bedroom units and one 2-bedroom unit listed at 1542 W. 3rd.
The property is located at 1538 W 3rd Street, Davenport, IA 52802, with the three addresses specified as 1538, 1540, and 1542 W. 3rd Street on the same parcel.
Rental income information is provided in the attached documents, and includes listed monthly amounts for each unit across the 3 buildings.
The property is located at 1538 W 3rd Street, Davenport, IA 52802, with the three addresses specified as 1538, 1540, and 1542 W. 3rd Street on the same parcel.
Rental income information is provided in the attached documents, and includes listed monthly amounts for each unit across the 3 buildings.
Key Highlights
- Three downtown Davenport rental buildings on one parcel: 1538, 1540, and 1542 W. 3rd St.
- 1538 W. 3rd St. offers 3 units: rents of $600 (1 bed), $505 (1 bed), and $1,200 (3 bed/1 bath).
- 1540 W. 3rd St. offers 2 units with rents of $500 (1 bed) and $650 (1 bed).
Property Analytics
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Explore this area
Business Placement
Demographics for 52802, IA
9,967
Population
4,379
Households
2.3
Avg Household Size
39
Median Age
8%
College-Educated
84%
High-School Grad
10.4 sq mi
ZIP Area
958
Density / Sq Mi
$50,850
Median Household Income
$31,250
Median Earnings
$978
Median Rent
$84,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three rental buildings on one parcel include 3, 2, and 4-unit configurations along W 3rd Street.
Where is this triplex located?
The property is located at 1538 W 3RD Street Davenport, IA.
What are key features of this property?
This property features: Three downtown Davenport rental buildings on one parcel: 1538, 1540, and 1542 W. 3rd St.; 1538 W. 3rd St. offers 3 units: rents of $600 (1 bed), $505 (1 bed), and $1,200 (3 bed/1 bath).; 1540 W. 3rd St. offers 2 units with rents of $500 (1 bed) and $650 (1 bed).
