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Bettendorf Multifamily Investment Opportunity

932 State Street Bettendorf, IA 52722

932 State Street, Bettendorf, IA, 52722
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28-unit apartment community in central Bettendorf, Iowa.

Property Size17,400 SF
Price / SF$91.67
AddedMay 13
Days on Market64
Last RefreshJul 14 at 4:34 am

Property Features for 932 State Street

General Information

Standard status
Active
Size
17,400 SF
Property subtype
Multifamily

Building Details

Year Built
1951

Listing office Marcus & Millichap - Chicago Downtown

Listing date May 13, 2026

Source Crexi

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.

Rivendell Apartments is a 28-unit multifamily community in Bettendorf, Iowa, part of the Quad Cities metropolitan area. The property features 22 one-bedroom and 6 two-bedroom apartments. Select units offer river views and direct access to the Mississippi Riverfront Trail. On-site parking and laundry facilities are available. The property's location near commercial corridors, grocery stores, and public parks enhances accessibility. Bettendorf is known for its infrastructure, public services, and neighborhoods. Area highlights include the Family Museum and Splash Landing water park. Residents have proximity to major Quad Cities destinations, including downtown Davenport, Moline, and Rock Island, providing access to employment, higher education, healthcare, shopping, and entertainment. Educational institutions like Palmer College of Chiropractic, St. Ambrose University, and Augustana College support a rental base. Bettendorf benefits from a diverse and stable regional economy anchored by employers such as John Deere, Rock Island Arsenal, Genesis Health System, UnityPoint Health, Arconic, Tyson, and Amazon. The metro is well-connected via Interstates 74, 80, and 88, along with the Quad Cities International Airport. The property size is 17400 square feet.

Key Highlights

  • Prime location in Bettendorf, Iowa, offering river views in select units and direct access to the Mississippi Riverfront Trail.
  • Strong occupancy history supported by practical layouts and desirable amenities.
  • Proximity to major Quad Cities destinations, including employment hubs, higher education institutions, and entertainment.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Rivendell Apartment Building

Suggested Use

Dental Office Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Auto Parts Store HVAC Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 28-unit apartment community in central Bettendorf, Iowa.
Where is this apartment building located?
The property is located at 932 State Street Bettendorf, IA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Prime location in Bettendorf, Iowa, offering river views in select units and direct access to the Mississippi Riverfront Trail.; Strong occupancy history supported by practical layouts and desirable amenities.; Proximity to major Quad Cities destinations, including employment hubs, higher education institutions, and entertainment.
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