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About This Home
This 6-bedroom, 5-bathroom residential multi family at 401 4th St in Davenport, WA is listed for $489,900 ($159 per sqft). Built in 1900, the home offers 3,087 sqft of living space on a 0.34 acres lot.
Short Term Seller Carry Option! - 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.
Key Features
- Built in 1900
- 0.34 acre lot
Property Details
Amenities
Monthly Cost Estimate
$2,620/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
401 4th St
Davenport, WA 99122
Features & Amenities
Interior Features
Property Details
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 5-bathroom residential multi family at 401 4th St is listed at $489,900 ($159/sqft). The estimated monthly payment is $2,123 based on 20% down at 6.5% interest.
Key features include: Built in 1900, 0.34 acre lot. Interior Features: Hot Water.
This property is listed by Kimberly Dailey and can be reached at (509) 455-8600 or kimberlydailey@johnlscott.com.
