RE/MAX Concepts Bettendorf
Listed by RE/MAX Concepts Bettendorf
$349,997
2612 N Harrison Street
Details
APN B002716
Property Type Multifamily
Sub Type Apartment Building, Multi Family 5+
Units 5
NOI $33,294
Year Built 1939
Stories 3
Acreage 0.230
Multifamily | 5 Units
Marketing description
Rarely does a multifamily investment combine location, flexibility, and upside quite like this. Situated directly across from the beautiful Vander Veer Park, this solid all-brick 5-unit apartment building offers immediate income, exceptional long-term appreciation potential, and multiple strategies to maximize your return. The property features five spacious one-bedroom, one-bath apartments, each with dedicated storage. Ample off-street parking space and a 4 car garage offer an attractive amenity that helps drive tenant demand. Looking to increase cash flow? Investors have the opportunity to explore converting one or more units into AIRBNB or other furnished short-term rentals (subject to any applicable licensing and operational requirements), creating the potential for significantly higher income than traditional long-term leases. This property also offers an ideal HOUSE-HACKING opportunity. Live comfortably in one unit, build equity, and generate passive income. Whether you're an experienced investor expanding your portfolio or an owner-occupant seeking a smart wealth-building strategy, this property offers remarkable flexibility. Constructed with durable brick for low-maintenance ownership and located in one of Davenport's most recognizable and desirable neighborhoods, this is the kind of investment that doesn't come along often. Strong rental demand, multiple income possibilities, and an unbeatable location make this an exceptional opportunity to grow your real estate portfolio.
Listing Contacts
RE/MAX Concepts Bettendorf
Listed by RE/MAX Concepts Bettendorf
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,294.00
$2,774.50/mo
Valuation Metrics
0
DSCR
9.51%
Cap Rate
9.51%
ROI
Map
Zoning
R-MF ResidentialMulti FamilyMultifamily Residential Zoning District
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View all 119 uses
View all 119 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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