DAVENPORT, IA INVESTMENT OPPORTUNITY. Based on last rents, this upper/lower duplex has a monthly gross rent potential of $1450. On-site laundry hookups are located in the basement. A partial exterior remodel was completed in 2023, including new siding and some window replacement. Previous tenants paid gas, electric, water, sewer, trash. Owner pays for lawn care & snow removal. Unit 1 (lower) has a bonus room that offers the potential for a 2nd bedroom. Contact your trusted agent for additional information and to schedule your showing today! Buyer/Buyer's agent to verify measurements and all aspects of the property details.
Property Details
Property Features
Property Information:
Year Built: 1900
Listing Office:
Office Name: Milltown Realty, LLC
Listing Agent: Erika Thomas
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
Directions Information:
Directions: South on Iowa Street to 8th Street
Price Information
Listing Price Info
Price Summary:
List Price: $109,500
Tax Information:
Annual Amount: $832
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 $75.6K 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: #QC4254972
Listing Office:
Office Name: Milltown Realty, LLC
Listing Agent: Erika Thomas
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.
$614
Per Month
Principal & Interest
$547
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
$395
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 school0.77 miles
Public District Grades KG-5
1
/10
Jefferson Elementary School
1027 N Marquette St
Distance between this listing and this school1.09 miles
Public District Grades PK-5
2
/10
Washington Elementary School
1608 E Locust St
Distance between this listing and this school1.17 miles
Public District Grades KG-5
Nearby Schools
3
/10
Sudlow Intermediate School
1414 E Locust St
Distance between this listing and this school1.07 miles
Public District Grades 6-8
1
/10
Frank L Smart Intermediate School
1934 W 5th St
Distance between this listing and this school1.92 miles
Public District Grades 6-8
1
/10
Williams Intermediate School
3040 N Division St
Distance between this listing and this school2.31 miles
Public District Grades 6-8
Nearby Schools
3
/10
Central High School
1120 N Main St
Distance between this listing and this school0.42 miles
Public District Grades 9-12
2
/10
Kimberly Center East
1002 W Kimberly Rd
Distance between this listing and this school2.50 miles
Public District Grades 9-12
2
/10
Rock Island High School
1400 25th Ave
Distance between this listing and this school2.88 miles
The neighbors living near this home have an average income of $21,034. Residents of Davenport, IA typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Davenport, IA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Davenport, IA.
Davenport's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles vary, offering a mix of historic charm and contemporary designs. The market is balanced, with a healthy mix of homeownership and rental opportunities, reflecting the city's commitment to accommodating various lifestyle needs.
What is it like to live in Davenport, IA?
Davenport is celebrated for its vibrant community spirit and cultural events, including the annual Bix Beiderbecke Jazz Festival and the Mississippi Valley Fair. The city prides itself on its scenic riverfront and the array of parks and recreational activities that contribute to its family-friendly atmosphere.
Is it easy to get around Davenport, IA without a car?
The city is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are comprehensive, with several hospitals and clinics providing specialized care. The public library system is well-developed, and the city offers a variety of retail and dining options that reflect the local culture.
Transportation in Davenport, IA.
Davenport's transportation infrastructure includes a network of roads and highways that facilitate travel and commuting. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also attentive to the needs of pedestrians and cyclists, with certain areas being particularly friendly to these modes of transport.
This home is located at 402 E 8th St in Davenport, IA and zip code 52803. This home was built in 1900. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $109,500.
In September 2024, from all listings sold in Davenport, IA there were more than 30 sold above asking price, over 50 sold below and more than 25 were sold right at the asked price. The number of listings in Davenport, IA increased by 6.4% between August 2024 and September 2024. In September 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $185,194.
From Rocket Homes Real Estate and based on county public records data.