Description
PROFITABLE 4-PLEX – 8.35% CAP RATE. This is a low-maintenance addition to any portfolio. Key capital improvements include updated electrical and individual gas or electric heat sources for all four units. Perfectly situated on a spacious corner lot, this property is just a short stroll from downtown Davenport and local schools. The home offers incredible versatility with a 2-car garage—ideal for supplemental rental income—plus RV and off-street parking. Residents can enjoy a vibrant outdoor lifestyle featuring an oversized green space, a community garden, and a cozy fire-pit. High-performing multi-family asset in Davenport, WA. CAP Rate based on verified 2025 expense data and $60,600 in gross annual income. (1) 2BR/2BA, (1) 2BR/1BA, and (2) 1BR/1BA. All units currently feature all-inclusive rents, providing a simplified management structure and a high demand "one bill" option for tenants. Showings are subject to an accepted offer to respect tenant privacy.
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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
Description
PROFITABLE 4-PLEX – 8.35% CAP RATE. This is a low-maintenance addition to any portfolio. Key capital improvements include updated electrical and individual gas or electric heat sources for all four units. Perfectly situated on a spacious corner lot, this property is just a short stroll from downtown Davenport and local schools. The home offers incredible versatility with a 2-car garage—ideal for supplemental rental income—plus RV and off-street parking. Residents can enjoy a vibrant outdoor lifestyle featuring an oversized green space, a community garden, and a cozy fire-pit. High-performing multi-family asset in Davenport, WA. CAP Rate based on verified 2025 expense data and $60,600 in gross annual income. (1) 2BR/2BA, (1) 2BR/1BA, and (2) 1BR/1BA. All units currently feature all-inclusive rents, providing a simplified management structure and a high demand "one bill" option for tenants. Showings are subject to an accepted offer to respect tenant privacy.
© 2026 of Spokane Association of REALTORS® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2026-01-14T00:20:29.37.