11 Oak Lane
Davenport, IA 52803

$275,000

  • 6
    Bedrooms
  • 4
    Bathrooms
  • 4,817
    Square Feet

Owner occupied investor opportunity! Check out this well maintained and updated 4 unit conversion. Unit 4 is currently vacant and receiving updates including new windows, flooring and paint. 2 tenants are currently on leases and 1 long-term tenant is currently month-to-month. It was previously listed as a 5 unit property, but unit 5 (walk up attic) is not habitable due to renovations, 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 or 4 bedroom, 2 bathroom apartment. Tenants responsible for electricity only. Fireplaces...read more are inoperable. Water heater was replaced in 2020. Dual furnace has an annual maintenance agreement. Exterior wood recently painted. Schedule a showing today! Unit 1 NumberParking: 1 Unit 1 NumberUncovered: 1 Unit 2 NumberParking: 2 Unit 2 NumberUncovered: 1 Unit 3 NumberParking: 1 Unit 3 NumberUncovered: 1 Unit 4 NumberParking: 2 Unit 4 NumberUncovered: 1

Property Highlights

  • Heating

    Natural Gas

  • Taxes

    $4,858 Taxes

  • Water

    Public

  • Year Built

    Built in 1920

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Allison Langan
Allison Langan REALTOR® (563) 370-8897 Licensed in IA & IL Davenport Office 4545 Welcome Way
Davenport, IA 52806
(563) 441-5100 allisonlangan.ruhlhomes.com
Contact the Listing Agent