626 N Perry St, Davenport, IA, 52803

About This Home

Excellent residential income opportunity near Palmer College in central Davenport. This brick multifamily property consists of two buildings totaling 12 rental units. The building at 626 Perry Street features 8 units (four 1-bedroom/1-bath apartments and four studio apartments), while 620 Perry Street includes 4 studio units with garage stalls below. The property offers approximately 5,286 square feet of living space and sits on a 0.44-acre lot. Constructed in 1920, the buildings maintain vintage character while providing strong rental potential in a location convenient to downtown Davenport, Palmer College, and nearby amenities. The property includes off-street and garage parking, public utilities, and a walkable neighborhood setting. An adjacent vacant lot at 111 E. 7th Street (approx. 0.17 acres) is included, offering additional potential for expansion, development, or additional parking. This property presents an opportunity for investors seeking steady rental income and value-add potential in the Quad Cities market.