Davenport, IA 52803 11 OAK Lane

$275,000

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Presented By: Ruhl&Ruhl REALTORS Davenport
  • MLS# QC4266940
  • 09/02/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 4
  • SQFT • 4,817

Home Details

Great investment opportunity! This fully rented 4 unit conversion offers updated units with 1 new tenant, and 3 long-term tenants - 2 of which are currently month-to-month. It was previously listed as a 5 unit property, but unit 5 (walk up attic) is not habitable, and the county reassessed and lowered the taxable amount by almost $40K for 2025! Attic unit has a fire escape and potential to be finished and added to unit 4 for a 2 level - 3 bedroom, 2 bathroom apartment. Tenants responsible for electricity only. Fireplaces are inoperable. Water heater was replaced in 2020. Dual furnace has an annual maintenance agreement. Exterior wood recently painted. Schedule a showing today!
Presented By: Ruhl&Ruhl REALTORS Davenport

Interior Features for 11 OAK Lane

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

Full Baths Building4
Half Baths0
Half Baths Building
Total Baths4

Other Interior Features

BasementUnfinished, Full
Total Fireplaces
Total Number of Units4

General for 11 OAK Lane

CityDavenport
Construction MaterialsAluminum Siding
CountyScott
DirectionsFrom East Locust Street go north on Oak Lane
Electric Expense384
Elementary School District1611
Fuel Expense1200
Full Baths4
Gross Income32100
HeatingNatural Gas
High School District1611
Insurance Expense1912
Living Area4817
MLS AreaDavenport
MaintenanceExpense1750
Middle/Junior School District1611
Net Operating Income19856
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4858
Tax Year2024
Total Rooms14
TownshipN/A
Water Sewer Expense1240
Year Built1920

Exterior for 11 OAK Lane

Foundation DetailsBlock
Lot Dimensions75X127
Lot FeaturesLevel
Lot Size Acres0.24
OwnerPhone563-370-8897
Parking FeaturesAlley Access, Parking Lot, Yes
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $275,000
MLS#QC4266940
List Date 09/02/2025
Property Type Multi-Family
Phone 847.485.2500
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