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$485,000 Just Listed
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Property Description
This is a 6 unit apartment building that has been very well maintained and managed well. This turn key investment cashflows and will be a good property to add to a portfolio or fist time investor. 4 2 bedroom units that rent for $850/ month and 2 one bedrooms that rent for $775/ month. Tenants pay gas, electric and water. Owner pays sewer and trash. There is onsite coin laundry that makes extra money every month as well. In recent years, new roof, siding , windows and all units are up to date on city rental inspection. The building is currently full.
Full Property Details
Full Property Details for 2705 N Lincoln Ave
General
- Price: $485,000
- Taxes: $7,008 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12648816
- Updated: 5/15/2026
- Added to Site: 5 day(s) ago
Additional Information
- Security/Safety: Alarm on Site
Location
- Area: Davenport
- County: Scott
- Driving Directions: Hickory Grove Road north of central park , to West Columbia to N Lincoln
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Water: Municipal Water
- Trash: 1200
Structural Information
- Construction: Wood, Vinyl Siding, Brick
- Exterior Const.: Wood, Vinyl Siding, Brick
- Foundation: Block
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 5,148
- Year Built: 1976
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 2
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,556
- Lot Dimensions: 100 x x 60 x 96 x 86
Financial Considerations
- Insurance Fee: $3,900
- Operating Expenses: $16,210
- Security Deposit: Alarm On Site
- Assessment Year: 1976
- Tax Amount: $7,008
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Water, Hot Water
- Pays Trash: 1200
Disclosures and Reports
- Property ID: 000000000O2105B15
Listed by Ruhl&Ruhl REALTORS Bettendorf
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Price & Sales History for 2705 N Lincoln Ave
Date
Details
Price
Change
Source
5/15/2026
Listed
$485,000
15.48%
MLS
3/28/2023
Sold
$420,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2705 N Lincoln Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,008
2%
$392,140
—
2023
$6,840
21%
$392,140
—
2022
$5,662
-15%
$392,140
48%
2021
$6,700
8%
$265,100
13%
2020
$6,232
-5%
$234,540
12%
2019
$6,592
7%
$208,680
—
2018
$6,170
-5%
$208,680
—
2017
$6,488
1%
$208,680
10%
2015
$6,436
—
$189,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2705 N Lincoln Ave
2705 N Lincoln Avenue, Davenport, IA 52804 (MLS# 12648816) is a Commercial property. 2705 N Lincoln Avenue is currently listed for $485,000 and was received on May 15, 2026. Want to learn more about 2705 N Lincoln Avenue? Do you have questions about finding other Commercial real estate for sale in Davenport? You can browse all Davenport real estate or contact a Coldwell Banker agent to request more information.
