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Two-Unit Residential Duplex
New
For Sale
$185,000

2626 Magnolia Dr, Bettendorf, IA 52722

Separate upper and lower residences provide a mix of current tenancy and immediate rental availability.

Property SizeContact for details
Days on Market6

Property Features for 2626 Magnolia Dr

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Building Details

Year Built 1962
Construction raised-ranch
Listing Agency: Ruhl&Ruhl REALTORS Davenport
Listed By: Otto Nobis (563) 340-9782 · License #S61458000
Source: Searchillinoishomesforsale
Added: Oct 14 Changed: Oct 19 Last Checked: Oct 19 at 2:00PM

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 Ruhl&Ruhl REALTORS Davenport

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Investment Insights

Based on property information with market context.

Built in 1962, this duplex contains two independent residences, each with three bedrooms, one full bathroom, a kitchen, and a living area. The upper unit is occupied by a tenant who has lived there for 38 years and wishes to remain. The lower unit is vacant and available for rental.

The property is in Bettendorf, near schools, parks, shopping, dining, I-74, and Spruce Hills Drive.

Key Highlights

  • Two independent units, each with 3 bedrooms and 1 full bathroom
  • Upper residence has a tenant of 38 years who would like to continue renting
  • Lower residence is vacant and ready for a new tenant

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 52722, IA

40,629
Population
17,460
Households
2.3
Avg Household Size
40
Median Age
52%
College-Educated
97%
High-School Grad
26.3 sq mi
ZIP Area
1,545
Density / Sq Mi
$105,763
Median Household Income
$59,365
Median Earnings
$1,150
Median Rent
$300,800
Median Home Value
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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?
Duplex - Separate upper and lower residences provide a mix of current tenancy and immediate rental availability.
Where is this duplex located?
The property is located at 2626 Magnolia Dr Bettendorf, IA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two independent units, each with 3 bedrooms and 1 full bathroom; Upper residence has a tenant of 38 years who would like to continue renting; Lower residence is vacant and ready for a new tenant
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