2202 E Locust St, Davenport, IA 52803

Investor’s Dream in Northeast Davenport – 11% Cap Rate! This multi-family property features two 1-bedroom, 1-bathroom units, both currently occupied by long-term tenants who wish to stay—providing immediate cash flow from day one. Situated in desirable northeast Davenport, the property boasts a spacious parking lot, along with a 2-car detached garage, offering convenience and added value for tenants. With a strong 11% cap rate, this is a rare chance to secure a high-performing asset in a stable rental market. Whether you’re a seasoned investor or just getting started, this property offers the perfect blend of low maintenance, solid returns, and reliable rental income. Don’t miss out—start earning from day one!