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COMANDIS Residential

info@comandis.com +1(773) 453-7515

Listed by Tricia Shyof Haven. Real Estate

Est. payment | -/mo

9,147 Sqft Lot

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Est. payment | -/mo

Save

9,147 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12670936

Style American 4-Sq.

Year Built 1900

Annual Tax Amount $2,492

Tax Year 2024

Lot Size 9,147 Sqft

Property Sub-Type Two to Four Units

Property Description

EASY TO SHOW! Don't miss this rare chance to own an income-producing duplex in Bettendorf for under $185K. With a recent appraisal of $184,000 in hand, the seller has priced the property just below appraised value. Investment properties at this price point are becoming increasingly difficult to find, making this an attractive addition to any portfolio or an excellent opportunity for an owner-occupant looking to offset their housing expenses. This up/down duplex features a 2-bedroom lower unit and a 3-bedroom upper unit. Most recently leased for a combined gross monthly income of $1,950, offering immediate cash-flow potential with room to increase rents over time. Investors can appreciate the strong income-producing capability and return potential, with estimated returns approaching double digits based on recent rental history. Numerous updates have already been completed, including newer roof and siding, newer furnace, fresh paint, and cosmetic improvements throughout. The basement is solid, accessible to both units, and includes shared laundry facilities for tenant convenience. Off-street parking is available for tenants. Landlord currently pays gas, water, sewer, and trash, with gas averaging approximately $122/mo. The property is currently vacant, making it exceptionally easy to see and providing flexibility for the next owner to select tenants, adjust rents to market rates, or occupy one unit while generating income from the other. Fresh, updated, and ready for its next chapter, this is a rare chance to acquire a Bettendorf duplex with strong income potential in one of the Quad Cities' most desirable rental markets.

Location

State IA

County Scott

Community Street Lights

Rooms

Basement Unfinished, Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Balcony

View Y/N true

Roof Type Asphalt

Building

Lot Description Level, Other

Foundation Brick/Mortar, Other

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

School District 621, 621, 621

Others

Special Listing Condition Standard

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

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+1(773) 453-7515

info@comandis.com

452 21st ST Bettendorf, IA 52722

COMANDIS Residential

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

MORTGAGE CALCULATOR

We would love to talk to you about this property

452 21st ST

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