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11 Oak Ln, Davenport, IA, 52803

6beds
4baths
4,817sqft
$275,000
$57price/sqft
$2,446/moest. monthly cost
$97,840/yrincome needed

About This Home

Great investment opportunity! This fully rented 4 unit conversion offers updated units with 1 new tenant, and 3 long-term tenants - 2 of which are currently month-to-month. It was previously listed as a 5 unit property, but unit 5 (walk up attic) is not habitable, 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 bedroom, 2 bathroom apartment. Tenants responsible for electricity only. Fireplaces are inoperable. Water heater was replaced in 2020. Dual furnace has an annual maintenance agreement. Exterior wood recently painted. Schedule a showing today!

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

1/10
2/10
2/10
Central High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Block
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Natural Gas

Interior Area

  • Total interior livable area: 4,817 sqft

Property

Details

  • Parcel number: C006122
  • Special condition: None

Lot

  • Lot size: 10,454 sqft
  • Features: Level
  • Lot size dimensions: 75X127

Parking

  • Total spaces: 4
  • Parking features: Alley Access,Parking Lot,Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$236$2,832
Property Taxes $461$5,532
Electricity $359$4,311
Total$2,446$29,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,862/yr
40% on housing$73,380/yr
45% on housing$65,226/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.4%
-1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$57This listing

vs Other Active Listings

Avg $/sqft

ZIP 52803$98
Scott County$159

vs Homes Sold Last Month

Median $/sqft

ZIP 52803$115
Scott County$142

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-09-02Listed for sale$275,000
2024-11-09Listing removed$304,900
2024-08-21Listed for sale$304,900

For Sale by Agent

AgentAllison Langan
BrokerageRuhl&Ruhl REALTORS Davenport

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