1538 West 3rd Street

Davenport, IA 52802

$495,000
Price
Beds
7,555 Sq. Ft.
$66 / Sq. Ft.
7,555
Sq. Ft.
$66
per Sq. Ft.

Description

Downtown Davenport rental income opportunity! 3 properties, one parcel. Properties consist of 1538 W. 3rd - 3 units; 1540 W. 3rd - 2 units; 1542 W. 3rd - 4 units. Income information is attached in the documents. 1538 - 1 1/1 $600 1538 - 2 1/1 $505 1538 - 3 3/1 $1200 1540 - 1 1/1 $500 1540 - 2 1/1 $650 1542 - 1 1/1 $500 1542 - 2 2/1 $750 1542 - 3 1/1 $550 1542 - 4 1/1 $525Downtown Davenport rental income opportunity! 3 properties, one parcel. Properties consist of 1538 W. 3rd - 3 units; 1540 W. 3rd - 2 units; 1542 W. 3rd - 4 units. Income information is attached in the documents. 1538 - 1 1/1 $600 1538 - 2 1/1 $505 1538 - 3 3/1 $1200 1540 - 1 1/1 $500 1540 - 2 1/1 $650 1542 - 1 1/1 $500 1542 - 2 2/1 $750 1542 - 3 1/1 $550 1542 - 4 1/1 $525
  1. Listed by Stacey Schlichting • BUY SELL BUILD QC - Real Broker, LLC
  2. Listed by Shannon Elliott • BUY SELL BUILD QC - Real Broker, LLC

Property Details for 1538 West 3rd Street

Parking Total
5.0
Subdivision Name
Green's 2nd Add.
LISTING UPDATED: 11/03/2024 02:02 PM

Property Details for 1538 West 3rd Street

StatusActive
MLS #QC4257901
Days on Market24
Taxes$5,534 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1890
Lot Size0.31 AC / 13,503 SF
CountyScott County

Building Information for 1538 West 3rd Street

Stories-Residences9Year Built1890Building Size-Lot Size0.31 AC / 13,503 SF

Property Information for 1538 West 3rd Street

Summary
Location and General Information
  • City: Davenport
  • County Or Parish: Scott
  • Directions: South on Division Street, East on 3rd, property is on the left
  • Latitude: 41.522563
  • Longitude: -90.598274
  • MLSArea Minor: QCARA Area
  • Postal Code: 52802
  • State Or Province: IA
Taxes and HOA Information
  • Additional Parcels Description: K03056
  • Parcel Number: K0006-23A
  • Tax Annual Amount: $5,534
  • Tax Legal Description: GREEN'S 2ND ADD Lot: 008 Block: 002 GREEN'S 2ND ADD LOT 7 & E/2 OF LOT 8 ALL IN BLK 2
  • Tax Year: 2023
School Information
  • High School: Davenport
Parking
  • Parking Features: Alley Access, On Street, Parking Pad
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 7555.0
  • Lot Features: Level
  • Lot Size Acres: 0.31
  • Lot Size Dimensions: n
  • Number Of Units Total: 9
  • 100 Year Plain: No
  • Road Surface Type: Curbs & Gutters, Paved
Property and Assessments
  • Documents Available: Legal Description,Other
  • New Construction: No
  • Year Built: 1890
Utilities
  • Number Of Electric Meters: 7
  • Number Of Gas Meters: 7
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,176
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Wood Siding
Interior Features
  • Basement: Full, Partial
  • Heating: Heating Systems - 2+, Forced Air, Gas, Hot Water, Gas Water Heater
  • Number Of Central Air Units: 0
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 3
  • Number Of Ranges: 9
  • Numberof Refrigerators: 9
  • Number Of Washers: 0
  • Number Of Water Heaters: 3
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $1,686
  • Gross Income: $138,720
  • Gross Scheduled Income: $69,360
  • Insurance Expense: $1,820
  • Maintenance Expense: $600
  • Manager Expense: $0
  • Net Operating Income: $125,198
  • Operating Expense: $7,988
  • Advertising Expense: 0
  • Gas Expense: 1686
  • Misc Annual Income: 69360
  • Trash Expense: $1,020
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4

Property History for 1538 West 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1538 West 3rd Street

Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Monroe Elementary School
PublicPK to 6

Frank L Smart Intermediate School
Public7 to 8

West High School
Public9 to 12

Mid City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1538 West 3rd Street is a multi-family home for sale in Davenport, IA 52802. This property was listed for sale on October 29, 2024 by BUY SELL BUILD QC - Real Broker, LLC, it's currently listed at $495,000. It has been on the market for a total of 24 days and was last sold on November 10, 2005. Nearby schools include Monroe Elementary School, Frank L Smart Intermediate School and West High School. 1538 West 3rd Street is a 0-bed, 0-bath, 7,555 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BUY SELL BUILD QC - Real Broker, LLC

Based on information from one of the following Multiple Listing Services: RMLS Alliance. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by RMLS Alliance is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.