For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Fourplex with Individual Heating Title is generated by Realmo AI

    401 4th St, Davenport, WA 99122

    View on Map
    Claim this Listing
    For Sale
    $479,900

    MULTI_FAMILY - Davenport, WA

    Property size:
    3,087 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $155/SF
    Added:
    Jan 2, 2026
    Days on Market:
    162
    Last Refresh:
    Jun 13 at 3:06 am

    Property Features for 401 4th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2
    Parking features
    Offsite, Driveway, RV
    Interior features
    Hot Water
    Basement
    Partially Finished, Walk-Out Access
    Appliances
    Free-Standing Range, Refrigerator
    Standard status
    Active
    APN
    0306084001000
    Size
    3,087 SF
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas, Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    4
    Building materials
    Steel Frame, Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Kimberly Dailey
    Kimberly Dailey

    Listing agent Kimberly Dailey

    Listing office John L Scott, Inc. 1500 W 4TH AVE STE 202, Spokane, WA

    Listing date Jan 2, 2026

    MLS# 202610183 Listing URL

    Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Profitable 4‑plex in Davenport, WA with an 8.70% cap rate; based on verified 2025 expense data and $60,600 gross annual income.
    • Unit mix: (1) 2BR/2BA, (1) 2BR/1BA, and (2) 1BR/1BA; all‑inclusive rents to support simplified “one bill” tenant billing.
    • Key improvements include updated electrical and individual gas or electric heat sources for all four units.
    • Heating includes electric (heating), natural gas, and forced air; cooling via window unit(s); hot water.
    • Parking includes offsite parking, driveway, and RV parking, plus a 2‑car garage.
    • Located on a spacious corner lot; features an oversized green space, community garden, and a cozy fire‑pit.

    Overview

    This fourplex contains four rental units arranged in a mix of layouts: one 2BR/2BA, one 2BR/1BA, and two 1BR/1BA. The property includes updated electrical and individual gas or electric heat sources for all four units, reducing shared-system dependency. Outside, the home features an oversized green space with a community garden and a cozy fire-pit, along with RV and off-street parking. A 2-car garage is also included.

    Set on a spacious corner lot in Davenport, the property is described as being a short stroll from downtown Davenport and local schools. The listing notes showings are subject to an accepted offer to respect tenant privacy.

    For buyers seeking a smaller multifamily asset with simplified rent structure, the units are reported to feature all-inclusive rents. The seller also references a seller carry option and an 8.70% cap rate, calculated from verified 2025 expense data and $60,600 in gross annual income. Unit mix and on-site parking/garage amenities may support a range of tenant preferences while keeping property management straightforward with a “one bill” approach for residents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Davenport
    County
    Lincoln
    State
    Washington
    Longitude
    -118.146943
    Latitude
    47.654688

    FAQs

    What type of property is this?
    Quadplex - Four-unit residential income property with updated electrical and dedicated gas or electric heat for each unit.
    Where is this quadplex located?
    The property is located at 401 4th St Davenport, WA.
    What is the asking price?
    The asking price for this property is $479,900.
    What are key features of this property?
    This property features: Profitable 4‑plex in Davenport, WA with an 8.70% cap rate; based on verified 2025 expense data and $60,600 gross annual income.; Unit mix: (1) 2BR/2BA, (1) 2BR/1BA, and (2) 1BR/1BA; all‑inclusive rents to support simplified “one bill” tenant billing.; Key improvements include updated electrical and individual gas or electric heat sources for all four units.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message