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    Seven-Unit Brick Apartment Building Title is generated by Realmo AI

    1429 BRADY Street, Davenport, IA 52803

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    For Sale
    $225,000

    Fully occupied seven-unit brick income property with rear access for parking and service entry.

    Type:Commercial
    Property size:
    5,394 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $41/SF
    Added:
    Oct 22, 2025
    Days on Market:
    260
    Last Refresh:
    Jul 8 at 2:43 am

    Property Features for 1429 BRADY Street

    General Information

    Standard status
    Active
    Size
    5,394 SF
    Lot size
    0.24 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

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    Shawn Langan

    Listing office NAI Ruhl Commercial Company

    Listing date Oct 22, 2025

    Source Birdrealtysells

    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

    HighLights

    • Fully occupied seven‑unit commercial investment property generating Net Operating Income of $21,676
    • 5,394 SF brick building on 0.24 acres on Davenport’s primary north‑south corridor (U.S. Route 61 Business/Brady Street)
    • Rear access off E. 15th Street for convenient parking and service entry
    • Tenants pay electric service in their units; owner pays water, sewer, and trash
    • Located near downtown Davenport and major arterials

    Overview

    This seven-unit commercial investment property features a 5,394 SF brick building on 0.24 acres. The asset is fully occupied. Tenants are responsible for electric service in their units, while the owner covers water, sewer, and trash, supported by the property’s existing utility and waste service arrangements.

    The building is positioned along Davenport’s primary north-south corridor, U.S. Route 61 Business/Brady Street, with strong corridor visibility near downtown Davenport and major arterials. Rear access off E. 15th Street provides convenient parking and service entry, supporting day-to-day operations.

    For investors seeking a stabilized multifamily asset, the property’s current occupancy and clear operating expense split offer straightforward management. The corridor placement can support steady day-to-day leasing activity, while the rear access helps reduce friction for resident parking and maintenance deliveries. The combination of full occupancy, defined utility responsibilities, and practical service access makes this building a manageable option for ownership or portfolio acquisition.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture Veterinary Clinic Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Scott
    State
    Iowa
    Longitude
    -90.573669
    Latitude
    41.534937

    FAQs

    What type of property is this?
    Apartment building - Fully occupied seven-unit brick income property with rear access for parking and service entry.
    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 $225,000.
    What are key features of this property?
    This property features: Fully occupied seven‑unit commercial investment property generating Net Operating Income of $21,676; 5,394 SF brick building on 0.24 acres on Davenport’s primary north‑south corridor (U.S. Route 61 Business/Brady Street); Rear access off E. 15th Street for convenient parking and service entry
    More about this property
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