Clean Turnkey investment property! Great cash flow. Two units rented, leases at $775, $725 & $650. Laundry hookups in Unit 1. All 3 units have been renovated with new LVP or refinished hardwoods, appliances, some new cabinetry and bathrooms. Upstairs studio is connected to a walk up attic with potential for 1 or 2 additional bedrooms. Lots of original woodwork. Tenants pay cooking gas & electric. Owner pays water, sewer, trash and heat. Professional management is available. Perfect for Palmer or St. Ambrose students.
Property Details
Property Features
Property Information:
Year Built: 1910
Listing Office:
Office Name: RE/MAX Concepts Bettendorf
Office Email: darlateager@att.net
Listing Agent: Darla Hooper
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Alley Access, Guest Parking, On Street
Lot Features
Lot Information:
Lot: Corner Lot, Level
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Forced Air, Natural Gas
Other
Directions Information:
Directions: Corner of Farnam & 14th.
Price Information
Listing Price Info
Price Summary:
List Price: $132,900
Tax Information:
Annual Amount: $2,482
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Davenport, IA.
This property is $52K less than the Median Sold Price in Davenport, IA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: RMLSA
MLS Number: #QC4243756
Listing Office:
Office Name: RE/MAX Concepts Bettendorf
Office Email: darlateager@att.net
Listing Agent: Darla Hooper
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$731
Per Month
Principal & Interest
$664
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$465
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
Madison Elementary School
116 E Locust St
Distance between this listing and this school0.48 miles
Public District Grades KG-5
2
/10
Washington Elementary School
1608 E Locust St
Distance between this listing and this school0.81 miles
Public District Grades KG-5
3
/10
Garfield Elementary School
902 E 29th St
Distance between this listing and this school1.10 miles
Public District Grades KG-5
Nearby Schools
3
/10
Sudlow Intermediate School
1414 E Locust St
Distance between this listing and this school0.69 miles
Public District Grades 6-8
1
/10
Frank L Smart Intermediate School
1934 W 5th St
Distance between this listing and this school2.16 miles
Public District Grades 6-8
1
/10
Williams Intermediate School
3040 N Division St
Distance between this listing and this school2.17 miles
Public District Grades 6-8
Nearby Schools
3
/10
Central High School
1120 N Main St
Distance between this listing and this school0.55 miles
Public District Grades 9-12
2
/10
Kimberly Center East
1002 W Kimberly Rd
Distance between this listing and this school2.17 miles
Public District Grades 9-12
2
/10
North High School
626 W 53rd St
Distance between this listing and this school2.99 miles
The neighbors living near this home have an average income of $37,619. The most common annual income of people living in Davenport, IA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 602 E 14th St in Davenport, IA and zip code 52803. This home, which was built in 1910, sits on a 0.14 acre lot. It has been listed on Rocket Homes since June 17, 2023 and is currently priced at $132,900.
In March 2024, from all listings sold in Davenport, IA there were more than 31 sold above asking price, over 40 sold below and more than 15 were sold right at the asked price. In March 2024 in Davenport, IA there were 6.1% more homes for sale than in February 2024. While the average time on the market in March 2024 was 27 days, the median list price was $184,991.
From Rocket Homes Real Estate and based on county public records data.