Davenport Investment Property
For Sale
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1429 BRADY Street, Davenport, IA 52803
Portfolio of five properties totaling 40 units in Davenport, Iowa.
Property Size26,963 SF
Price / SF$46.36
Days on Market285
Property Features for 1429 BRADY Street
General Information
Standard status
Active
Size
26,963 SF
Property subtype
Multifamily
Building Details
Year Built
1900
Listing Agency:
NAI Ruhl Commercial Company
(563) 355-4000
Listed By:
Shawn Langan · License #S62759000
Source:
Crexi
Added: Oct 23, 2025
Changed: Jul 6
Last Checked: Aug 2 at 4:12PM
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 NAI Ruhl Commercial Company
Investment Insights
Based on property information with market context.
This portfolio comprises five investment properties located in Davenport, Iowa, totaling 40 residential units. The properties generate a combined net operating income (NOI) of approximately $104,853, with an average capitalization rate of 8%. The portfolio includes the following properties: 413 W. 6th St (Parcel G0054-22), featuring 11 units and zoned R-MF; 1429 Brady St (Parcel G0024-15), with 7 units and zoned C-T; 1816 Davenport Ave (Parcel F0004-31), offering 4 units and zoned R-MF; 805 W. 2nd St (Parcel L0014-11), consisting of 13 units and zoned I-MU; and 709 Perry St (Parcel G0041-14), which includes 5 units and is zoned R-MF. The properties are strategically positioned throughout Davenport’s core residential and commercial districts, providing convenient access to Palmer College of Chiropractic, downtown amenities, and major commuter routes such as Brady Street (U.S. 61) and E. Locust Street. The total property size is 26963 square feet.
Key Highlights
- Portfolio of five investment properties totaling 40 residential units.
- Generates a combined Net Operating Income (NOI) of approximately $104,853.
- Offers an attractive 8% average cap rate.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
610
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 - Portfolio of five properties totaling 40 units in Davenport, Iowa.
Where is this apartment building located?
The property is located at 1429 BRADY Street Davenport, IA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Portfolio of five investment properties totaling 40 residential units.; Generates a combined Net Operating Income (NOI) of approximately $104,853.; Offers an attractive 8% average cap rate.
