211 E Dover Ct

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211 E Dover Ct

Davenport, IA 52803
Asking Price
$265K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily duplex asset currently offered for sale in Davenport.
  • Property configuration includes a total of 10 bedrooms available.
  • Asset features 2 bathrooms within the established residential building.
  • Located in the Quad Cities regional market of Iowa.
  • Priced at 265000 dollars for potential real estate investors.

What's Special

This multifamily duplex in Davenport, Iowa, presents a strategic acquisition for investors seeking residential rental assets. Located at 211 E Dover Ct, the property features a total of 10 bedrooms and 2 bathrooms. Davenport serves as a vital component of the Quad Cities metropolitan area, benefiting from a diverse regional economy and consistent demand for workforce housing along the Mississippi River corridor. The structural configuration of this asset allows for straightforward multi-tenant leasing strategies suitable for long-term hold portfolios. Proximity to local transit routes and established neighborhood infrastructure provides reliable access for tenants working within the regional market. Buyers interested in expanding their presence in the Iowa residential sector will find this asset fits well within a traditional income-generating investment profile. The scale of the property accommodates diverse tenant bases looking for accessible housing options in an established residential community.

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NOI
$80,000
Cap Rate
30.19%
DSCR
5.08
Strong
Cash-on-Cash
80.84%
Monthly Payment
$1,311.075
Annual Cash Flow
$64,267.095

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