1421 Grand Ave, Davenport, IA 52803

Investors! This well-maintained turn key 4-unit multifamily property with strong cash flow features four spacious 2-bed, 1-bath units (two upper, two lower), with three units currently leased—lower units at $850/month and upper units at $800/month. Tenants pay gas and electric, keeping expenses low. Recent updates include a new roof (2023), foundation tuck-pointing and soffit repairs (2024), new porch (2024), two new water heaters, a new sewer stack, recently painted interiors, bathroom floor replaced, and some replaced kitchen appliances. Furnaces have been serviced annually. A large unfinished walk-up attic—currently locked but accessible through one of the upper units—offers additional space with potential for storage or future finishing. The large unfinished basement has several areas for storage as well. Security cameras belonged to a previous tenant and stay with home (not currently in use). Located near major thoroughfares with easy access to schools, downtown, and the East Village, this property is ideally situated as an excellent opportunity for investors seeking immediate income with value-add upside. Showings only with preapproval or proof of funds. Vacant unit available to show until leased. Pictures of 1425 Unit 1 represent general condition of all units - they are essentially mirrors of one another. No sign on property.