2 months on rocket

618 E Locust St, Davenport, IA, 52803

$125,000

Home List Price

$1,484*

Closing Credit

0 Baths
Multi

Location

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618 E Locust St, Davenport$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Pad
Year Built1920
HeatingForced Air, Natural Gas, Central
BasementYes
MLS #QC4256381
StatusActive

About 618 E Locust St

Great investment opportunity, 2-unit property in the heart of Davenport, within one mile of both St. Ambrose University and Palmer Chiropractic College! Unit 1 is a 1 bed/1 bath, and Unit 2 is a 4 bed/1 bath with good-sized rooms in both. Excellent income that was increased starting in 2023-- off street parking with multiple spots behind the property on a spacious slab. Cosmetic updates in 2023. Both units currently occupied.

Property Details

Property Features

Property Information:

  • Year Built: 1920

Listing Office:

  • Office Name: EXP REALTY, LLC.
  • Office Phone: (563) 210-7662
  • Listing Agent: Caleb Horvath

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot: Corner Lot, Level

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Central

Other

Directions Information:

  • Directions: Locust Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000

Tax Information:

  • Annual Amount: $1,904
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$185.5K

Med. Price/SqFt

$123

Avg. Days On Market

20

# of Sold Homes

96

618 E Locust St vs Davenport

72 DAYS ON ROCKET

+52 Days

$125,000

-$60.5K Less

KEY TAKEAWAY

This property is $60.5K 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: #QC4256381

Listing Office:

  • Office Name: EXP REALTY, LLC.
  • Office Phone: (563) 210-7662
  • Listing Agent: Caleb Horvath

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: 11/23/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,904$85,770
2018$1,602$71,380
2017$1,624$71,380

History based on county public records data.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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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-865465
1
/10
  • Madison Elementary School

  • 116 E Locust St

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-865466
2
/10
  • Washington Elementary School

  • 1608 E Locust St

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-865467
3
/10
  • Garfield Elementary School

  • 902 E 29th St

  • 0.82 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,781. The most common annual income of people living in Davenport, IA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

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.

Rocket Homes›Iowa›Scott County›Davenport›52803›618 E Locust St

This home is located at 618 E Locust St in Davenport, IA and zip code 52803. This home was built in 1920. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $125,000.

In October 2024 more than 27 listings in Davenport, IA were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 50 were sold below. Between September 2024 and October 2024, Davenport, IA real estate market has seen increase in the number of listings by 2%. While the average time on the market in October 2024 was 20 days, the median list price was $185,519.

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

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