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Renovated Six-Unit Apartment Building
New
For Sale
$399,000

1604-1614 W 9th St, Davenport, IA 52804

Updated rental property with one-year leases, modern finishes, and renewed mechanical systems throughout.

Property Size5,440 SF
Price / SF$73.35
Days on Market5

Property Features for 1604-1614 W 9th St

General Information

Standard status Active
Size 5,440 SF
Property subtype Commercial

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Building Details

Year Built 1920
Buildings 1
Listing Agency: Hawkeye Commercial Real Estate
Listed By: Shawn Stuenkel · License #S67977000/475.189483
Source: Illianahomesource
Added: Sep 3 Changed: Sep 6 Last Checked: Sep 6 at 2:57PM

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 Hawkeye Commercial Real Estate

Investment Insights

Based on property information with market context.

This six-unit apartment property at 1604-1614 W 9th St in Davenport, Iowa, contains 5,440 square feet and was built in 1920. The building has undergone a comprehensive renovation, with each residence offering two bedrooms and one bathroom. Interior improvements include new appliances, luxury vinyl plank flooring, and new carpet, while updated plumbing and electrical work includes new panels.

Building systems and exterior components have also been refreshed. The property includes new water heaters, new heating systems, replacement windows, and new exterior doors throughout. All units are leased on one-year agreements, providing an established occupancy structure for the next owner.

Key Highlights

  • Six‑unit apartment building with 5,440 square feet
  • Each unit includes 2BR/1BA
  • Renovated with new appliances, luxury vinyl plank flooring, and new carpet

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Electrical Service Parking Lot & Garage

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 52804, IA

25,836
Population
11,986
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
93%
High-School Grad
32.9 sq mi
ZIP Area
785
Density / Sq Mi
$64,450
Median Household Income
$41,036
Median Earnings
$909
Median Rent
$148,400
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 - Updated rental property with one-year leases, modern finishes, and renewed mechanical systems throughout.
Where is this apartment building located?
The property is located at 1604-1614 W 9th St Davenport, IA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Six‑unit apartment building with 5,440 square feet; Each unit includes 2BR/1BA; Renovated with new appliances, luxury vinyl plank flooring, and new carpet
More about this property
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