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$ 275,000
Est. payment /mo
Active
11 OAK LN Davenport, IA 52803
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Cutter Oak Lane
MLS Listing ID QC4266940
Maintenance Fees $1,750
Year Built 1920
Annual Tax Amount $4,858
Tax Year 2024
Lot Size 10,454 Sqft
Lot Dimensions 75X127
Property Sub-Type Two to Four Units
Property Description
Great investment opportunity! This fully rented 4 unit conversion offers updated units with 1 new tenant, and 3 long-term tenants - 2 of which are currently month-to-month. It was previously listed as a 5 unit property, but unit 5 (walk up attic) is not habitable, and the county reassessed and lowered the taxable amount by almost $40K for 2025! Attic unit has a fire escape and potential to be finished and added to unit 4 for a 2 level - 3 bedroom, 2 bathroom apartment. Tenants pay electricity only. Fireplaces are inoperable. Water heater was replaced in 2020. Dual furnace has an annual maintenance agreement. Exterior wood recently painted. Schedule a showing today!
Location
State IA
County Scott
Area Out Of Market Area
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Building
Lot Description Level
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding,Wood Siding
New Construction false
Schools
High Schools Davenport
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Listed by Ruhl&Ruhl REALTORS Davenport