2502 ROCKINGHAM Road, Davenport, IA 52802

• 4,116 sqft

Property 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)

Listing Status:

Pending

Listing Office:

KW 1Advantage : 563-345-6520

Listing Agent:

Rachel Allen : 563-345-6520

MLS ID:

QC4266310

Interior

• Laundry: Units Hook-Ups
• Basement: Unfinished
• A/C: None
• Heating: Natural Gas

Exterior

• Parking: AssignedParking PadParking spaces: 4

Construction

• Roofing: Shingle
• General: BlockBrick/Mortar

Location

• Road/Access: Alley Paved
• Originating MLS: rmlsa
• County: Scott

Lot

• Zoning: Sec: 33 Twp: 78 Rng: 03PT of NE/4 of SE/4 SEC 33-78-3J0042-13

Utilities

• Water: Public SewerPublic

Financial

• Source: rmlsa

This listing courtesy of Rachel Allen, KW 1Advantage