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Triplex with Vacant Upper Unit

929 Bridge Ave, Davenport, IA 52803

For Sale
$176,400

Three-unit residential income property with two occupied apartments and a larger upper unit available for lease.

Property SizeContact for details
Days on Market193

Property Features for 929 Bridge Ave

General Information

Standard status Active
Property subtype Multi-Family

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1900
Listing Agency: MPM Realty
Listed By: Craig Stiles
Source: Illianahomesource
Added: May 1 Changed: Nov 8 Last Checked: Nov 8 at 6:48AM

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 MPM Realty

Rey
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Investment Insights

Based on property information with market context.

This triplex contains three residential units. Two apartments are occupied, each configured with one bedroom and one bathroom. The upper-level residence provides a larger two-bedroom, one-bathroom layout and is currently available for its next tenant. Utility responsibilities are divided between the residents and ownership, with tenants paying gas and electric while the owner covers water, trash, and sewer.

Built in 1900, the property is located at 929 Bridge Ave in Davenport, Iowa. Its three-unit configuration offers an existing income-producing setup alongside an unoccupied apartment that can be leased separately.

Key Highlights

  • Triplex with three residential units
  • Two occupied 1‑bedroom, 1‑bathroom apartments
  • Upper unit offers 2 bedrooms and 1 bathroom

Property Analytics

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Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

414
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property with two occupied apartments and a larger upper unit available for lease.
Where is this triplex located?
The property is located at 929 Bridge Ave Davenport, IA.
What is the asking price?
The asking price for this property is $176,400.
What are key features of this property?
This property features: Triplex with three residential units; Two occupied 1‑bedroom, 1‑bathroom apartments; Upper unit offers 2 bedrooms and 1 bathroom
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