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Turnkey Quadplex Investment Opportunity
For Sale
$175,000

5436 N DIVISION Street, Davenport, IA 52806

Fully occupied quadplex with recent updates, a great investment property.

Property Size2,088 SF
Price / SF$83.81
Days on Market354

Property Features for 5436 N DIVISION Street

General Information

Standard status Active
Size 2,088 SF
Property subtype Multi-Family

Amenities

Forced Air
Central Air
Natural Gas
Water Front

Building Details

Year Built 1974
Listing Agency: RE/MAX Concepts Bettendorf
Listed By: Mike Pezley · License #01909404
Source: Kw
Added: Aug 22, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:51AM

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

Investment Insights

Based on property information with market context.

This is a fully occupied, turnkey quadplex investment property. Each unit features 3 bedrooms and 1.5 bathrooms. The units are separately metered and include laundry hook-ups and a deck. According to the seller, the siding and roof were updated in 2024, and the furnaces were replaced in 2020 and 2023. Interior remodeling was completed in 2021 and 2023. The property size is 2088 square feet.

Key Highlights

  • Turnkey investment property, ready for immediate returns.
  • Enjoy consistent income with this fully occupied building.
  • Separately metered units offer ease of management.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Pharmacy 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.

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 52806, IA

28,191
Population
12,092
Households
2.3
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
31.1 sq mi
ZIP Area
906
Density / Sq Mi
$73,682
Median Household Income
$42,744
Median Earnings
$976
Median Rent
$188,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Quadplex - Fully occupied quadplex with recent updates, a great investment property.
Where is this quadplex located?
The property is located at 5436 N DIVISION Street Davenport, IA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Turnkey investment property, ready for immediate returns.; Enjoy consistent income with this fully occupied building.; Separately metered units offer ease of management.
More about this property
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