2218 EMERALD Drive Davenport, IA ^$ 960,000

2218 EMERALD Drive

^$ 960,000

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2218 EMERALD Drive

Davenport, IA, 52804

^$ 960,000

Studio Baths0.0 Sq 8,640

Monthly Estimate*

^$ 5,989

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Studio

Multi-Family Home for sale in Davenport, IA

for $960,000. This 8,640 square foot home was built in 1984 on a lot size of 2.28.

12-unit turnkey condo building. This building has always maintained a very strong occupancy rate along with some longer term tenants. This building is located on 2+ acres for future expansion. Property is adjacent to residential area and close to Emeis Park and Golf Course. Assumable 4.150% loan available to qualified buyers with bank approval. Member of owning LLC is a Realtor licensed in Iowa & a listing agent.

Multi-Family Active

Price

^$ 960,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 13,848

Style

Lot Size

2.28

Year Built

1984

Town/City

Davenport

County/Region

Scott

MLS | Web ID

QC4269456

Features

General

Cooling Central Air

Zoning Resid

Construction Materials Vinyl Siding

Year Built 1984

Electric Separate Meters

Gross Income 110000

County Scott

Net Operating Income 77352

Operating Expense 18800

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status Active

Directions West Central Park South on Emerald to property. Near Emeis Golf Course.

City Davenport

Number Of Units Total 12

MLS Area Davenport

Tax Annual Amount 13848

Electric Expense 0

Fuel Expense 0

Trash Expense 2100

Water Sewer Expense 5400

Standard Status Active

Exterior

Building Area Total 8640

Lot Dimensions 465 x 209

Lot Size Acres 2.28

* Excluded Features

List By

Too Realty

Broker

lnauman@toorealty.com

Affordability Calculator

$7,143

Per Month

Monthly Principal & Interest: $5,989
Monthly Property Taxes: $1,154
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Davenport, IA

Average List Price ^$272,478

Percent of Sale Price 72%

About Davenport, IA

102,978 Population

5% Since 2002

^$48,950 Median Income

37.42 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/19/2025	$960,000		Listed Price

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2218 EMERALD Drive, Davenport, IA, 52804 is a Multi-Family Home for sale at $960,000 with 8,640 sqft and a lot size of 2.28. 2218 EMERALD Drive is a studio with 0.0 baths and was built in 1984. The property's zip code is 52804 which is in Davenport, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/23/2025.

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2218 EMERALD Drive

Multi-Family Home for sale in Davenport, IA

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