401 4th St, Davenport, WA 99122

$495,000
  • 401 4th St, Davenport, WA 99122 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,087 MLS#202610183
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDavenport

Property Description

PROFITABLE 4-PLEX ? 8.43% 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.

401 4th St | MLS# 202610183

This multi-family property located at 401 4th St, Davenport, WA 99122 is currently listed for sale with an asking price of $495,000. 4th St is located within the Davenport school district. Search Davenport real estate on www.cbspokane.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Laundry, Walk-Out Access
Garage: 1
Lot Size: 0.35 Acres
Roof Type: Composition
Year Built: 1900

Feature Descriptions

Association Amenities: Laundry, See Remarks
Days on Site: 59
Exterior: Steel Frame, Vinyl Siding
Heating/Cooling: Natural Gas, Electric, Forced Air
Interior: Hot Water
Lot: Treed, Corner Lot, City Bus (w/in 6 blks), Oversized Lot, Fencing
Parcel#: 0306084001000
Parking: Detached, RV Access/Parking, Off Site, Shared Driveway
Special View Info: Territorial
SQ. FT. Total: 3087

Local Schools

School District: Davenport

Listed By / Shown By

Listed By

Agency Name: John L Scott, Inc.

Shown By

Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400

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Estimated Payment

$ 1,246.03 per month $1,101.66 Principal & Interest $0.00 Property Tax (data not provided by mls) $144.38 Homeowner's Insurance

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