Five-Unit Apartment Income
1818 Esplanade Avenue Davenport, IA 52803
For Sale
$325,000
Fully rented five-unit building with three 2-bedroom and two 1-bedroom apartments generating monthly rent.
Days on Market102
Property Features for 1818 Esplanade Avenue
General Information
- Standard status
- Active
- Property subtype
- General Commercial
Building Details
- Year Built
- 1910
Listing Agency:
MPM Realty
(309) 212-1200
Listed By:
Craig Stiles
(309) 212-1200
Source:
Xome
Added: Apr 13
Changed: Jul 23
Last Checked: Jul 23 at 5:33AM
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 MPM Realty
Investment Insights
Based on property information with market context.
This five-unit apartment building is fully rented and currently generates a combined monthly rent total as stated in the listing. The unit mix includes three 2-bedroom/1-bath apartments and two 1-bedroom/1-bath apartments. The listing notes that tenants pay for gas and electric, while the owner covers water, trash, and sewer. Photos shown are from prior to move-in, and 48-hour notice is required for showings.
The property is offered for sale in Davenport, Iowa. Tenants are responsible for gas/electric utilities per the listing, supporting predictable utility responsibilities between residents and the owner.
As configured, the building provides a straightforward residential income setup with a balanced distribution of 1- and 2-bedroom units and ongoing in-place occupancy at the time of listing.
The property is offered for sale in Davenport, Iowa. Tenants are responsible for gas/electric utilities per the listing, supporting predictable utility responsibilities between residents and the owner.
As configured, the building provides a straightforward residential income setup with a balanced distribution of 1- and 2-bedroom units and ongoing in-place occupancy at the time of listing.
Key Highlights
- 5‑unit multifamily building fully rented out
- Monthly rents total $3,615
- Unit mix: three 2 bed/1 bath units and two 1 bed/1 bath units
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Fully rented five-unit building with three 2-bedroom and two 1-bedroom apartments generating monthly rent.
Where is this apartment building located?
The property is located at 1818 Esplanade Avenue Davenport, IA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 5‑unit multifamily building fully rented out; Monthly rents total $3,615; Unit mix: three 2 bed/1 bath units and two 1 bed/1 bath units
