1632 W Locust Street Davenport, IA ^$ 699,900

1632 W Locust Street

^$ 699,900

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1632 W Locust Street

Davenport, IA, 52804

^$ 699,900

Bedrooms-- Baths-- Sq 8,736

Monthly Estimate*

^$ 4,834

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Commercial Property for sale in Davenport, IA

for $699,900. This 8,736 square foot building was built in 1948 on a lot size of 0.25.

Prime mixed-use commercial investment property in a central Davenport location, featuring a high-visibility main-floor storefront and 14 residential apartment units. The residential portion consists of 14 fully occupied efficiency units-each with a full kitchen and private bathroom-supported by a strong track record of long-term tenants. Additional features include a full basement for storage or mechanicals and a dedicated off-street parking lot. Fully leased with strong income potential; full financial details and rent roll are available upon request.

Commercial Active

Price

^$ 699,900

Property Type

Commercial

Taxes

^$ 5,088

Style

Lot Size

0.25

Year Built

1948

Town/City

Davenport

County/Region

Scott

MLS | Web ID

12787357

Features

General

Sewer Public Sewer

Cooling Window Unit(s)

Utilities Electric to Site Sewer Connected Water Available

Possession Closing

Roof Membrane Rubber

Zoning OTHER

Construction Materials Block Brick

Year Built 1948

Electric Circuit Breakers

Tenant Pays Electricity

Stories Count 2

Township N/A

Property Subtype Mixed Use

Tax Year 2025

County Scott

Net Operating Income 95365

Operating Expense 31235

Insurance Expense 8027

Property Type Commercial Sale Mixed Use

Status New

Directions E of 5-Points. W Locust St. to property on N side of Locust.

City Davenport

Number Of Units Total 15

MLS Area Davenport

Lot Size Square Feet 11000

Tax Annual Amount 5088

Electric Expense 984

Fuel Expense 3936

Trash Expense 1200

Water Sewer Expense 7200

Standard Status Active

Cap Rate 13.6

Interior

Total Fireplaces 0

Exterior

Water Source Municipal Water

Foundation Details Block Concrete Perimeter

Building Area Total 8736

Lot Dimensions 28x180x97x80x69x100

Lot Size Acres 0.25

Frontage Type City Street

* Excluded Features

List By

Re/Max Concepts Bettendorf

Broker

rich@thebassfordteam.com

Affordability Calculator

$5,258

Per Month

Monthly Principal & Interest: $4,834
Monthly Property Taxes: $424
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Commerical listings in Davenport, IA

Average List Price ^$1,858,845

Percent of Sale Price 166%

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
10/16/2026	$699,900		Listed Price

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1632 W Locust Street, Davenport, IA, 52804 is a Commercial Property for sale at $699,900 with 8,736 sqft and a lot size of 0.25. 1632 W Locust Street was built in 1948. 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 7.375% 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 10/18/2026.

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1632 W Locust Street

Commercial Property for sale in Davenport, IA

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