USAIADavenport2502 Rockingham Rd
2502 Rockingham Rd, Home with 0 bedrooms, 0 bathrooms and 4 parking in Davenport IA | Image 1
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$250,000

2502 Rockingham Rd, Davenport, IA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $3,772
Days Active 0
Lot Size 
Approx. Age 1904
MLS® Number QC4266310

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic investment opportunity in the heart of Davenport’s West End! This well-maintained fourplex offers four spacious units, each featuring 2 bedrooms, 1 bathroom, and convenient in-unit laundry hookups. All units are currently leased, providing immediate cash flow from day one. Enjoy a strong rental history, low operating costs, and an impressive return on investment. With annual gross rents of $38, 400 and a solid tenant base, this property is an ideal addition to any portfolio—whether you’re a seasoned investor or just starting out. Located near shopping, dining, and major roadways, this centrally located property ensures long-term tenant demand. Don’t miss your chance to own a turn-key, income-producing asset in a high-demand rental area! Financial Highlights: Gross Annual Rent: $38, 400 Annual Expenses: $7, 878 (Water/Sewer: $4, 200 | Dumpster Service: $1, 500 | Property Insurance: $2, 178) Net Operating Income: $30, 522 Annual ROI: 12.21% (based on $250, 000 investment)Show Description
MLS® NumberQC4266310
Laundry LevelUnits Hook-Ups
Central VacNo
FireplaceNo
Acreage0.26
Exterior
GarageNo
Approx. Age1904
BasementUnfinished
DrivewayAssigned, Parking Pad
Garage Spaces
HeatNatural Gas
A/CNone
Heating Fuel

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