401 4th St, Davenport

PROFITABLE 4-PLEX – 8.53% 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.