2 months on rocket

1321 Farnam St, Davenport, IA, 52803

$95,000

Home List Price

$1,128*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1321 Farnam St, Davenport$95,000

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1925
HeatingForced Air, Natural Gas, Other
BasementYes
MLS #QC4250681
StatusActive

About 1321 Farnam St

Get ready to double up on your investment game with this fantastic duplex! The main floor tenant has been here over 10 years, while the upstairs tenant is on a few year streak. Each unit is a one-bedroom, one-bath. No more laundromat blues – we've got shared laundry facilities right on-site in the basement, making life easy for everyone. This duplex isn't just a flash in the pan; it's been a reliable moneymaker with long-term tenants, proving it's a real gem for your investment plans. Whether you're a seasoned pro or just dipping your toes into the property pool, this place is your ticket to a steady stream of income. Selling it AS IS. Don't miss out on this golden opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1925

Listing Office:

  • Office Name: RE/MAX Concepts Bettendorf
  • Office Email: shellygreenortega@gmail.com
  • Listing Agent: Shelly Ortega

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Other

Other

Directions Information:

  • Directions: Locust south on Farnam

Price Information

Listing Price Info

Price Summary:

  • List Price: $95,000

Tax Information:

  • Annual Amount: $1,540
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Davenport, IA.

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Davenport, IA

City

Med. Sold Price

$185K

Med. Price/SqFt

$121

Avg. Days On Market

30

# of Sold Homes

92

1321 Farnam St vs Davenport

83 DAYS ON ROCKET

+53 Days

$95,000

-$90K Less

KEY TAKEAWAY

This property is $90K 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: #QC4250681

Listing Office:

  • Office Name: RE/MAX Concepts Bettendorf
  • Office Email: shellygreenortega@gmail.com
  • Listing Agent: Shelly Ortega

IDX 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:50:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 29, 2021Home Sold
$74,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,540$69,350
2018$1,304$58,120
2017$1,258$58,120

History based on county public records data.

Payment Calculator

$542

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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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.

Nearby Schools

school-card-donut-4136990
1
/10

  • Madison Elementary School

  • 116 E Locust St

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-4136991
2
/10

  • Washington Elementary School

  • 1608 E Locust St

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-4136992
3
/10

  • Garfield Elementary School

  • 902 E 29th St

  • 1.15 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,619. Most Davenport, IA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Iowa›Scott County›Davenport›52803›1321 Farnam St

This home is located at 1321 Farnam St in Davenport, IA and zip code 52803. This home was built in 1925. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $95,000.

While more than 43 listings in Davenport, IA in April 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 35 were sold below. In April 2024 in Davenport, IA there were 3.3% more homes for sale than in March 2024. Listings spent 30 days on the market in April 2024, and had a median list price of $185,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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