Building Details

Year Built 1974

Listing Agency: RE/MAX Concepts Bettendorf

Listed By: Mike Pezley · License #S58232000/475.136516 Show Phone

Source: Kw

Added: Aug 22, 2025 Changed: Oct 16 Last Checked: Oct 16 at 6:02AM

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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

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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

288

Businesses Nearby

Explore this area Business Placement

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

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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.