425 W 16th Street

Davenport, IA 52806

About this property

Excellent investment opportunity with proven rental history! This 3-bedroom home was previously leased for $1,680 per month, with rent including utilities, lawn care, and a pet fee, demonstrating its strong income potential. Now vacant(July 2026), the property is easy to show and features newly available interior photos, giving buyers their first opportunity to fully appreciate the home's layout and condition. The functional floor plan offers three bedrooms on the upper level, a full bathroom, and the convenience of main-floor laundry. Major updates include a roof replaced in 2022, helping reduce future maintenance costs and providing added peace of mind. The backyard offers additional outdoor space along with a storage shed that could be repaired or replaced to suit your needs. Located just minutes from St. Ambrose University and Palmer College of Chiropractic. Whether you're adding to an established portfolio or purchasing your first investment property, this home offers immediate rental potential in a convenient location. The seller would also consider selling this property as part of an investment package with two additional nearby rental properties, creating an outstanding opportunity to expand your portfolio with multiple income-producing assets.

About this property

Excellent investment opportunity with proven rental history! This 3-bedroom home was previously leased for $1,680 per month, with rent including utilities, lawn care, and a pet fee, demonstrating its strong income potential. Now vacant(July 2026), the property is easy to show and features newly available interior photos, giving buyers their first opportunity to fully appreciate the home's layout and condition. The functional floor plan offers three bedrooms on the upper level, a full bathroom, and the convenience of main-floor laundry. Major updates include a roof replaced in 2022, helping reduce future maintenance costs and providing added peace of mind. The backyard offers additional outdoor space along with a storage shed that could be repaired or replaced to suit your needs. Located just minutes from St. Ambrose University and Palmer College of Chiropractic. Whether you're adding to an established portfolio or purchasing your first investment property, this home offers immediate rental potential in a convenient location. The seller would also consider selling this property as part of an investment package with two additional nearby rental properties, creating an outstanding opportunity to expand your portfolio with multiple income-producing assets.

Features and Additional Information

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$85,000 Pending
3 Bed(s)
1
Bath
1,452 sqft

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RE/MAX Concepts Bettendorf
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Area Information

Davenport | Scott County |

$ 85,000
This listing is play_arrow 63.8% lower than the average in the area
$ 235,000 in the area
1,452 SqFt
This listing is play_arrow 10.4% smaller than the average in the area
1,621 SqFt in the area
$ 59 $/SqFt
This listing is play_arrow 59.6% less than the average in the area
$ 145 $/SqFt in the area
146 days on site
This listing is play_arrow 1522.2% above the average in the area
9 days on site in the area

Schools in the Area

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    Elementary School
    Madison Elementary School
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    Middle School
    Williams Middle School
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    High School
    Central High School

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Listed By Shelly Ortega
Brokerage: RE/MAX Concepts Bettendorf

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