Apartment Acquisitions · Davenport
Sell Your Commercial Property In Davenport, IA
Own a commercial apartment building of five or more units in Davenport? We purchase multifamily properties around Bettendorf, Village of East Davenport, and the rest of Scott County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Bettendorf · Village of East Davenport · McClellan Heights · Northwest Davenport — Scott County, IA
Local Demand
Our View On Davenport
Davenport sits on the Iowa bank of the Mississippi River in Scott County, with 100,913 residents under ACS 2020-2024. Its 16,052 renter households make up 73.1% of the county's renters. In Davenport, 22.4% of homes are in buildings of five or more units, and median gross rent is $978 a month.
Owners who sell commercial property in Davenport, IA meet buyers who study tax districts, rental license records and Iowa's 2027 multiresidential class. Each figure below links to its official source.
St. Ambrose University
College Navigator lists 2,498 students enrolled in fall 2024 at St. Ambrose's West Locust Street campus in Davenport.Rock Island Arsenal
The Army reports more than 6,000 personnel on a 960-acre Mississippi River island between Davenport and Rock Island, Illinois.John Deere Davenport Works
Deere's fiscal 2025 annual report lists John Deere Davenport Works in Davenport, Iowa, as a Construction and Forestry factory.Our Buy Box
What We Buy In Davenport
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Davenport Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Davenport
Davenport renters occupy 16,052 of 43,237 homes, a 37.1% share in the ACS 2020-2024 tenure table. Those households are 73.1% of all renters in Scott County.
Davenport has 10,501 homes in buildings of five or more units, or 22.4% of its stock, per the ACS units-in-structure table. In Davenport, 69.7% of homes were built before 1980, per the ACS year-built table.
Rents and affordability in Davenport
Davenport's median gross rent is $978 a month for ACS 2020-2024, per the ACS median rent table. The HUD FY2027 fair market rent for a two-bedroom in the Davenport-Moline-Rock Island, IA-IL MSA is $1,056, or 8.0% higher.
| Unit size | HUD FY2027 FMR, Davenport-Moline-Rock Island, IA-IL MSA |
|---|---|
| Efficiency | $787 |
| One-bedroom | $852 |
| Two-bedroom | $1,056 |
| Three-bedroom | $1,396 |
| Four-bedroom | $1,697 |
Davenport rental vacancy is 5.9% in the ACS 2020-2024 housing profile. In Davenport, 45.5% of renter households pay 30% or more of income on rent, per the ACS rent burden table. Owners who sell commercial property in Davenport, IA can point buyers to median rents below the HUD benchmark.
Property taxes in Scott County
A $2,000,000 Davenport apartment building owes $31,431 to $37,806 a year, depending on its tax district. Those figures use the Scott County FY2026-27 levy sheet and the 44.5345% residential rollback it lists.
- Taxable value: $2,000,000 x 44.5345% = $890,690.
- Davenport schools (DAD), 36.94584 per $1,000: $32,907.29.
- North Scott schools (DAN), 35.28859 per $1,000: $31,431.19.
- Davenport SMID 1 (DADDS), 42.44584 per $1,000: $37,806.09.
The City of Davenport levy alone is 16.58227 per $1,000, or 44.9% of the DAD rate. The Iowa Department of Revenue says multiresidential becomes its own class in assessment year 2027, at the residential limitation plus three percent. Anyone planning to sell commercial real estate in Davenport, IA should model that step.
Landlord rules in Davenport
Every Davenport rental property needs a city rental license, at $30 to $60 a year by inspection cycle. Failing to register brings a $500 fine and an annual inspection cycle, per the Davenport rental license page.
Deposits are capped at two months' rent and due back within 30 days under Iowa Code 562A.12. Unpaid rent allows termination after a three-day written notice under Iowa Code 562A.27. Iowa Code 364.3 bars city rent limits, a point buyers weigh when selling commercial property in Davenport.
What it means for a Davenport owner
Davenport pairs 5.9% vacancy with a median year built of 1967, so buyers price capital needs closely. Rental license records and inspection history shorten diligence before you sell your apartment building in Davenport.
If you want to sell commercial property in Davenport, IA, Skyline Capital Investments buys buildings of five or more units. Test pricing with the cap rate calculator, then read how our apartment purchase process works.
Good To Know
Davenport Seller Checklist
More about selling in Iowa →Investing in Davenport? See apartment syndications in Davenport →
- Davenport holds 1,978 homes in buildings of 50 or more units, or 67.9% of Scott County's total.
- Davenport SMID 1 parcels pay 42.44584 per $1,000, about $4,899 more than DAD on $2,000,000.
- Gather rental license and inspection records before you sell commercial real estate in Davenport, IA.
Seller Guides
Selling A Building In Davenport
Learn More
Taxes & Rules For Davenport Property
The Iowa rules that shape any deal in Davenport: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Davenport Seller FAQ
How do I sell commercial property in Davenport, IA?
Start with the rent roll, leases, deposit ledger, rental license and inspection history. Davenport buyers look closely at age, since 69.7% of homes predate 1980. Skyline Capital Investments buys buildings of five or more units, and its cap rate calculator helps set a starting price.
Which Davenport tax district costs the most for an apartment building?
Of the districts priced here, Davenport SMID 1 is highest at 42.44584 per $1,000 for fiscal 2026-27. On a $2,000,000 building that is about $37,806 a year. Davenport inside North Scott schools is lower at 35.28859, or about $31,431.
What should I prepare to sell commercial real estate in Davenport, IA?
Bring the city rental license, inspection records and proof of Landlord Education Assistance Program training, which Davenport requires at least once. Owners who sell multifamily property in Davenport must also transfer deposits to the buyer and notify tenants under Iowa Code 562A.12.
How full are Davenport rentals?
Davenport rental vacancy is 5.9% in ACS 2020-2024, against 5.6% for Scott County and 5.7% for Iowa. Median gross rent is $978 a month. HUD's FY2027 two-bedroom fair market rent for the Davenport-Moline-Rock Island metro is $1,056.
Can Davenport limit how much I raise rents?
No. Iowa Code 364.3 says a city shall not adopt or enforce any ordinance limiting the rent charged for private residential or commercial property. Davenport owners still follow Iowa Code chapter 562A, including the two-month deposit cap and the three-day nonpayment notice.
Will you buy a Davenport property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Davenport apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Who buys occupied rental property in Davenport?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Davenport?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Tell Us About Your Property In Davenport
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
