Multi Family homes for sale & real estate in 61201, IL

Multi Family Home for sale in 61201, IA:

Well-located and functional, this side-by-side duplex is a solid opportunity for investors or those looking for a multi-generational setup. Conveniently positioned near major roads, bus routes, public transportation, and several universities, getting around and renting out comes easy. Each unit offers 4 bedrooms and two bathrooms, with layouts that are similar but not identical. Hardwood floors add character in some spaces, and the partially fenced yard provides a bit of outdoor room to enjoy. It’s not fancy, but it’s practical, lived-in, and ready for your updates or ideas. All kitchen appliances stay.

Multi Family Home for sale in 61201, IA:

Ready to start your real estate investment portfolio or add another property? Here is a great opportunity to own a duplex near St. Ambrose University! Now with new siding! The main level features 2 bedrooms and a bathroom with access to the unfinished basement. The upstairs unit is a 1 bed 1 bathroom with a spacious living area! Off street parking accessible through the alley. Come check out your next investment!

Multi Family Home for sale in 61201, IA:

Great opportunity to own this income producing side-by-side duplex located in central Davenport, IA close to schools, shopping, dining, parks, recreation, entertainment & more! Both units have been recently updated and one unit is currently rented @ $975/mo the other was just recently vacated. Individual units feature 3 bedrooms, 1 bath, living room, dining room, walk up attic and basement for more space or storage. There is also a covered front porch on each unit. Don't miss your opportunity. .. .book your showing today! Photos are not current & from prior to current tenants.

Multi Family Home for sale in 61201, IA:

Turnkey 4 plex, all units occupied! This investment property has a lot of high priced expenses taken care of for you to take over with ease. The roof was just replaced in 2023, water heater 2021, basement waterproofed 2012, siding 2010, windows approx 2003! The two main units were just remodeled last year. The basement offers coin operated laundry for additional cash flow. Cap rate without additional laundry income, approximately 11%, cash flow, ADS approx $16,000, cash flow $2100/year.

Multi Family Home for sale in 61201, IA:

Coming Soon 11/21/25. Up/Down Duplex. 3BR/1BA upper & lower. 3 season enclosed front porch on each level. Lower level has brand new carpeting & upper level has hardwood flooring. Floored walk-up attic. 20 x 20 garage/workshop. Laundry hook-ups in basement. Per seller: Roof Replacement '20 House; 60 gal H20. Main level new carpet. Has center a stairway for potential as single family property. Tenant pays Electric & Cooking Gas. Owner pays heat & water. As-is, no repairs. Home warranty negotiable.

Multi Family Home for sale in 61201, IA:

12-unit turnkey condo building. This building has always maintained a very strong occupancy rate along with some longer term tenants. This building is located on 2+ acres for future expansion. Property is adjacent to residential area and close to Emeis Park and Golf Course. Assumable 4.150% loan available to qualified buyers with bank approval. Member of owning LLC is a Realtor licensed in Iowa & a listing agent.