Bettendorf Multifamily Investment
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808 State Street, Bettendorf, IA 52722
28-unit apartment community in desirable Bettendorf, Iowa.
Property Size18,600 SF
Price / SF$88.71
Days on Market110
Property Features for 808 State Street
General Information
Standard status
Active
Size
18,600 SF
Class
C
Property subtype
Multifamily
Occupancy
87%
Investment Type
Value Add
Net Operating Income
$127,974
Building Details
Year Built
1947
Buildings
1
Units
28
Listing Agency:
Marcus & Millichap - Chicago Downtown
Listed By:
Yianni Mouflouzelis · License #IA S73371000
Source:
Crexi
Added: May 13
Changed: Aug 25
Last Checked: Aug 29 at 1:14PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
The Shire Apartments, located in Bettendorf, Iowa, features a 28-unit multifamily community. Constructed in 1947, the property includes 16 one-bedroom, one-bath units and 12 two-bedroom, one-bath units. The building has a secure entry, on-site coin laundry facilities, and off-street parking. Units include full kitchens, heating, and cable-ready connectivity. Water, sewer, and trash services are included. The property is centrally located with access to retail, dining, and recreational amenities. Bettendorf is known for its public infrastructure, schools, and quality-of-life amenities. Residents have access to Mississippi Riverfront recreational trails, Veterans Memorial Park, the Family Museum, and Splash Landing Aquatic Center. The location provides access to downtown Davenport, Moline, and Rock Island. The Quad Cities MSA has a diverse regional economy with major employers such as John Deere, Rock Island Arsenal, Genesis Health System, UnityPoint Health, Amazon, and Tyson Foods. Nearby educational institutions include Palmer College of Chiropractic, St. Ambrose University, and Augustana College. The property size is 18,600 square feet.
Key Highlights
- Located in Bettendorf, Iowa, a highly desirable submarket within the Quad Cities
- Stable and active rental market with convenient access to retail, dining, and recreational amenities
- Balanced unit mix of one and two‑bedroom apartments
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 28-unit apartment community in desirable Bettendorf, Iowa.
Where is this apartment building located?
The property is located at 808 State Street Bettendorf, IA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Located in Bettendorf, Iowa, a highly desirable submarket within the Quad Cities; Stable and active rental market with convenient access to retail, dining, and recreational amenities; Balanced unit mix of one and two‑bedroom apartments
