IA > Davenport
Davenport, IA 52802,2502 ROCKINGHAM RD
Davenport, IA 52802,2502 ROCKINGHAM RD
Davenport, IA 52802,2502 ROCKINGHAM RD
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Rachel Allen • KW 1Advantage
$250,000
Est. payment /mo
4,116 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,116 sqft

Price per Sqft $60

MLS Listing ID QC4266310

Year Built 1904

Annual Tax Amount $3,772

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 150x200

Property Sub-Type Residential Income

Source rmlsa

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)

Location

State IA

County Scott

Area Qcara Area

Direction east on S Sturdevant to west on Rockingham Road

Rooms

Basement Unfinished

Interior

Heating Natural Gas

Cooling None

Fireplace N

Laundry Units Hook-Ups

Exterior

View true

Roof Type Shingle

Street Surface Alley Paved

Total Parking Spaces 4

Garage 1

Building

Lot Description Level

Faces east on S Sturdevant to west on Rockingham Road

Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"4\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1396965Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"4\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1396965Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1396965Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1396965Group_4\"}]

Foundation Block, Brick/Mortar

Water Public Sewer, Public

Structure Type Vinyl Siding

New Construction false

Schools

High Schools Davenport

Others

Tax ID J0042-13

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agent

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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2502 ROCKINGHAM RD

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