Listed by NAI Ruhl Commercial Company
$259,000
413 W 6TH Street
Details
APN G0054-22
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 11
Year Built 1900
Buildings 1
Acreage 0.260
Zoning R-MF
Multifamily | 11 Units
Marketing description
Eleven-unit commercial investment property located within Davenport’s core corridor near downtown and Palmer College of Chiropractic. The property is fully occupied and generates a Net Operating Income of $19,925, reflecting an approximate 7.69% cap rate at list price. ±5,456 SF brick structure on ±0.26 acres, featuring efficient unit layouts, stabilized tenancy, and steady operating performance. Tenants are responsible for electric service in their units, while ownership covers water, sewer, and trash. Excellent proximity to downtown amenities and major arterials. Income-producing asset ideal for private or portfolio investors seeking stabilized Quad Cities multifamily/commercial holdings. Also available as a portfolio: 413 W. 6th St (G0054-22) • 1429 Brady St (G0024-15) • 1816 Davenport Ave (F0004-31) • 805 W. 2nd St (L0014-11) • 709 Perry St (G0041-14). Entire portfolio offered collectively for $1,250,000, representing approximately a 5% savings compared with individual pricing.
Listing Contacts
Listed by NAI Ruhl Commercial Company
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Name
License
Brokerage
Is there information that looks off?






















