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Two-Story Quadplex
For Sale
$124,500

421 E 7th St, Davenport, IA 52803

Residential income property with a mixed one- and two-bedroom unit configuration.

Property SizeContact for details
Days on Market25

Property Features for 421 E 7th St

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR, 3 x 1BR
Multifamily Units 4

Building Details

Year Built 1910
Buildings 1
Stories 2
Listing Agency: Ruhl&Ruhl REALTORS Bettendorf
Listed By: Jeffrey Wehr (563) 320-2298 · License #S35594000
Source: Searchillinoishomesforsale
Added: Aug 16 Changed: Sep 8 Last Checked: Sep 8 at 2:43PM

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 Bettendorf

Investment Insights

Based on property information with market context.

Built in 1910, this two-story quadplex contains four residential units arranged as one two-bedroom apartment and three one-bedroom apartments. The unit mix offers a combination of larger and more compact floor plans within the same building, while tenants are responsible for their electric service.

Some apartments are occupied. The property is offered in its existing condition, with the sale subject to the seller’s stated as-is terms and without representations regarding condition or habitability. Showing requests require 48 hours’ notice.

Key Highlights

  • Four‑unit building with one 2‑bedroom apartment and three 1‑bedroom apartments
  • Two‑story quadplex built in 1910
  • Tenants pay electric

Property Analytics

Current Use

Hot Water Heater ... Plumbing Service

Suggested Use

Top Pick Auto Parts Store Electrical Service Acupuncture (Bike/Boat/Book/etc) Store Tech Support Center Storage Facility

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,437
Businesses Nearby

Demographics for 52803, IA

22,896
Population
10,427
Households
2.2
Avg Household Size
34
Median Age
35%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
4,489
Density / Sq Mi
$61,082
Median Household Income
$32,163
Median Earnings
$871
Median Rent
$157,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Residential income property with a mixed one- and two-bedroom unit configuration.
Where is this quadplex located?
The property is located at 421 E 7th St Davenport, IA.
What is the asking price?
The asking price for this property is $124,500.
What are key features of this property?
This property features: Four‑unit building with one 2‑bedroom apartment and three 1‑bedroom apartments; Two‑story quadplex built in 1910; Tenants pay electric
More about this property
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