2705 N Lincoln Avenue Davenport, IA ^$ 485,000

2705 N Lincoln Avenue

^$ 485,000

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Recently Listed

2705 N Lincoln Avenue

Davenport, IA, 52804

^$ 485,000

Bedrooms3 Baths0.0 Sq 5,148

Monthly Estimate*

^$ 2,986

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Multi-Family Home for sale in Davenport, IA

for $485,000 with 3 bedrooms. This 5,148 square foot home was built in 1976 on a lot size of 0.17.

This is a 6 unit apartment building that has been very well maintained and managed well. This turn key investment cashflows and will be a good property to add to a portfolio or fist time investor. 4 2 bedroom units that rent for $850/ month and 2 one bedrooms that rent for $775/ month. Tenants pay gas, electric and water. Owner pays sewer and trash. There is onsite coin laundry that makes extra money every month as well. In recent years, new roof, siding , windows and all units are up to date on city rental inspection. The building is currently full.

Multi-Family Active

Price

^$ 485,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 7,008

Style

Lot Size

0.17

Year Built

1976

Town/City

Davenport

County/Region

Scott

MLS | Web ID

12648816

Features

General

Cooling Central Air

Roof Composition

Construction Materials Wood Vinyl Siding Brick

Year Built 1976

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat Water Hot Water

Stories Count 3

Township N/A

Tax Year 2024

Gross Income 59400

County Scott

Net Operating Income 43190

Operating Expense 16210

Insurance Expense 3900

Property Type Commercial Sale Multi Family 5+

Status New

Directions Hickory Grove Road north of central park to West Columbia to N Lincoln

City Davenport

Number Of Units Total 6

MLS Area Davenport

Lot Size Square Feet 7556

Tax Annual Amount 7008

Trash Expense 1200

Water Sewer Expense 900

Additional Parcels Y/N N

Standard Status Active

Cap Rate 8.9

Exterior

Water Source Municipal Water

Foundation Details Block

Building Area Total 5148

Lot Dimensions 100xx60x96x86

Lot Size Acres 0.17

* Excluded Features

List By

Ruhl&Ruhl Realtors Bettendorf

Broker

raymcdevitt@ruhlhomes.com

Affordability Calculator

$3,570

Per Month

Monthly Principal & Interest: $2,986
Monthly Property Taxes: $584
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$224,036

Percent of Sale Price 54%

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
5/15/2026	$485,000		Listed Price

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2705 N Lincoln Avenue, Davenport, IA, 52804 is a Multi-Family Home for sale at $485,000 with 5,148 sqft and a lot size of 0.17. 2705 N Lincoln Avenue has 3 bedrooms, 0.0 baths, and was built in 1976. 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 6.25% 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 5/16/2026.

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2705 N Lincoln Avenue

Multi-Family Home for sale in Davenport, IA

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