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14-Unit Mixed-Use Property
New
For Sale
$699,900

1632 W Locust St, Davenport, IA 52804

A main-floor storefront shares the property with occupied efficiency apartments and a dedicated off-street parking lot.

Property Size8,736 SF
Price / SF$80.12
Days on Market6

Property Features for 1632 W Locust St

General Information

Standard status Active
Size 8,736 SF
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 14 x efficiency
Multifamily Units 14

Amenities

off-street parking lot
full basement

Building Details

Year Built 1948
Listing Agency: RE/MAX Concepts Bettendorf
Listed By: Richard Bassford, CRS
Source: Searchillinoishomesforsale
Added: Oct 14 Changed: Oct 19 Last Checked: Oct 19 at 2:09PM

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 RE/MAX Concepts Bettendorf

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Investment Insights

Based on property information with market context.

The 8,736-square-foot mixed-use property contains a main-floor storefront and 14 efficiency apartments. Each apartment has a full kitchen and a private bathroom. The building also includes a full basement for storage or mechanical systems and an off-street parking lot.

All 14 apartments are occupied, and the property is fully leased. Built in 1948, the building is located at 1632 W Locust St in Davenport, Iowa.

Key Highlights

  • 14 occupied efficiency apartments, each with a full kitchen and private bathroom
  • Main‑floor storefront
  • 8,736 square feet; built in 1948

Property Analytics

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Current Use

NityPush Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Hair Salon

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

14
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

726
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A main-floor storefront shares the property with occupied efficiency apartments and a dedicated off-street parking lot.
Where is this mixed-use property located?
The property is located at 1632 W Locust St Davenport, IA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 14 occupied efficiency apartments, each with a full kitchen and private bathroom; Main‑floor storefront; 8,736 square feet; built in 1948
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