- For Sale $2,448,000
- Property Type Other
- Property Size 57,499.2 SF
- Units 36
- Date Updated May 18, 2025
This fully occupied 36-unit apartment portfolio in Davenport, Iowa, consists of six buildings, each with six remodeled units, including 24 two-bedroom and 12 one-bedroom apartments. All units feature electric appliances, new water heaters, gas furnaces, and central air. The properties offer private, well-lit off-street parking, and recent exterior updates, including landscaping, enhance their curb appeal. Valued at an 8.5% CAP rate, the portfolio offers value-add potential, with many tenants having rented for over a decade. Financials are available upon request, and all offers require pre-approval and are limited to qualified buyers.
Reach out to the broker for more info on lease terms and amenities
Highlights
- MLS#: QC4262822
- Type: Multi-Family, Investment
- Address: 3004-3404 Heatherton Drive
- City: Davenport
- Zip: 52804
- County: Scott
- Sale Price: $2,448,000
- Available SF: 31,200
- Approx Acres: 1.32
- Annual Taxes: $25,484 / 2021
- Zoning: M
- Listing Office: Hawkeye Commercial Real Estate
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Contacts
Location
Getting Around
-
Walk Score ®
34/100
Car-Dependent
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Bike Score ®
51/100
Bikeable
- City Davenport, IA
- Neighborhood Davenport
- Zip Code 52804
Points of Interest
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Murphy USA
0.71 miles
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Phillips 66
0.88 miles
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Hy-Vee Gas
1.05 miles
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BP
1.93 miles
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Casey's General Store
2.16 miles
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Casey’s General Store
2.63 miles
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Shell
2.65 miles
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Beiderbecke Inn Destination Charger
2.78 miles
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Kwik Shop
3.57 miles
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Davenport Supercharger
6.10 miles
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SAU Parking
2.23 miles
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Employee Parking Lot D
2.96 miles
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Lot E
3.01 miles
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Employee Parking Lot F
3.02 miles
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Visitor Parking
3.02 miles
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Employee Parking Lot B
3.05 miles
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Patient Parking
3.07 miles
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Quinlan Court
3.39 miles
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Visitor's Lot
8.01 miles
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Lot B
8.03 miles
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Beiderbecke Bed and Breakfast
2.79 miles
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Days Inn Davenport IA
3.16 miles
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The Current Iowa, Autograph Collection
3.24 miles
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Hotel Blackhawk, Autograph Collection
3.34 miles
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Residence Inn Davenport
3.36 miles
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DoubleTree by Hilton Davenport
3.37 miles
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Country Inn & Suites
3.38 miles
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Casa Loma Inn & Suites
3.54 miles
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Motel 6 Davenport
3.60 miles
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Relax Inn Davenport
3.67 miles
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Steak 'n Shake
0.70 miles
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Applebee's
0.76 miles
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McDonald's
0.78 miles
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Culver's
0.79 miles
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Harlan's
0.92 miles
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Checkers
1.09 miles
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Pizza Hut
1.26 miles
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Taco Bell
1.76 miles
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Happy Joe's
1.79 miles
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Riefe's Family Restaurant
1.81 miles
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Scott Community College - West Davenport Center
0.28 miles
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Happy Day School
0.67 miles
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Wilson Elementary School
0.68 miles
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West High School
0.97 miles
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Williams Junior High School
1.12 miles
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Buchanan Elementary School
1.15 miles
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Adams Elementary School
1.39 miles
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Johnson School
1.40 miles
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Jackson Elementary School
1.59 miles
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John F Kennedy Catholic School
1.69 miles
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The Y Early Learning Center
3.61 miles
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The Red Apple
7.85 miles
Frequently Asked Questions
The space currently listed for sale at 3004-3404 Heatherton Drive asks for $2,448,000.
3004-3404 Heatherton Drive totals 1 square feet.
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