1538-1542 W 3rd Street Davenport, IA ^$ 359,000

1538-1542 W 3rd Street

^$ 359,000

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1538-1542 W 3rd Street

Davenport, IA, 52802

^$ 359,000

Bedrooms10 Baths0.0 Sq 7,555

Monthly Estimate*

^$ 2,210

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Multi-Family Home for sale in Davenport, IA

for $359,000 with 10 bedrooms. This 7,555 square foot home was built in 1900 on a lot size of 0.31.

Incredible investment opportunity on a single parcel featuring 3 separate buildings totaling 9 units! The property breakdown consists of: 1538 W 3rd St (3 units), 1540 W 3rd St (2 units), and 1542 W 3rd St (4 units). Excellent addition to any portfolio with steady rental potential. A strict DO NOT DISTURB TENANTS policy is in effect. A minimum of a 24-hour notice is required for all showings. Schedule your showing today!

Multi-Family Active

Price

^$ 359,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 8,822

Style

Lot Size

0.31

Year Built

1900

Town/City

Davenport

County/Region

Scott

MLS | Web ID

12670658

Features

General

Cooling None

Zoning MULTI

Construction Materials Wood

Year Built 1900

Stories Count 2

Township N/A

Tax Year 2025

Gross Income 66060

County Scott

Net Operating Income 49466

Operating Expense 16594

Insurance Expense 1820

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 3277

Status New

Directions South on N Division Street then turn East (left) onto W 3rd Street. The property will be on your left just past N Sturdevant Street.

City Davenport

Number Of Units Total 9

MLS Area Davenport

Lot Size Square Feet 13500

Tax Annual Amount 8822

Electric Expense 3372

Fuel Expense 0

Trash Expense 1020

Water Sewer Expense 1460

Additional Parcels Y/N N

Standard Status Active

Interior

Basement Unfinished

Exterior

Building Area Total 7555

Lot Dimensions 90 x 150

Lot Size Acres 0.31

* Excluded Features

List By

Epique Realty Inc

Broker

agent@brycebowers.com

Affordability Calculator

$2,946

Per Month

Monthly Principal & Interest: $2,210
Monthly Property Taxes: $735
Monthly Home Insurance: --

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Yearly Home Insurance

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 ^$215,675

Percent of Sale Price 40%

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
6/10/2026	$359,000		Listed Price

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1538-1542 W 3rd Street, Davenport, IA, 52802 is a Multi-Family Home for sale at $359,000 with 7,555 sqft and a lot size of 0.31. 1538-1542 W 3rd Street has 10 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 52802 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/10/2026.

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1538-1542 W 3rd Street

Multi-Family Home for sale in Davenport, IA

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