Short Term Seller Carry Option! - PROFITABLE 4-PLEX – 8.70% 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.
Active
Price cut: $10K (6/10)
$479,900
401 4th St, Davenport, WA 99122
6beds
5baths
3,087sqft
MultiFamily
Built in 1900
-- sqft lot
$-- Zestimate®
$155/sqft
$-- HOA
What's special
Rv and off-street parkingOversized green spaceCommunity gardenCozy fire-pitSpacious corner lotUpdated electrical
- 190 days |
- 249 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Kimberly Dailey Main:(509)251-3586,
John L Scott, Inc.,
Daniel Dailey 509-954-4620,
John L Scott, Inc.
Source: SMLS as distributed by MLS GRID,MLS#: 202610183
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Dining room
- Description: Formal,Informal
Family room
- Description: Formal LR,1st Flr,2nd Flr,Off Kit
Heating
- Natural Gas, Electric, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Range, Refrigerator
- Laundry: In Basement
Features
- Basement: Partially Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,087
- Total interior livable area: 3,087 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached, RV Access/Parking, Off Site, Shared Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.35 Acres
- Features: Corner Lot, Near Public Transit, Oversized Lot
Details
- Parcel number: 0306084001000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Materials
- Steel Frame, Vinyl Siding
- Roof: Composition
Condition
- Year built: 1900
Community & HOA
HOA
- Amenities included: Laundry, See Remarks
Location
- Region: Davenport
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $313,530
- Annual tax amount: $3,546
- Date on market: 1/2/2026
- Listing terms: FHA,VA Loan,Conventional,Cash,Owner Financing
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $479,900-2%$155/sqft |
Source: | ||
| 4/28/2026 | Price change | $489,900-1%$159/sqft |
Source: | ||
| 2/10/2026 | Price change | $495,000-1%$160/sqft |
Source: | ||
| 1/2/2026 | Listed for sale | $499,999-2.9%$162/sqft |
Source: | ||
| 12/1/2025 | Listing removed | $514,900$167/sqft |
Source: | ||
| 3/13/2025 | Listed for sale | $514,900$167/sqft |
Source: | ||
| 8/16/2024 | Listing removed | $514,900$167/sqft |
Source: | ||
| 8/13/2024 | Price change | $514,900+3%$167/sqft |
Source: | ||
| 7/23/2024 | Pending sale | $499,900$162/sqft |
Source: | ||
| 6/14/2024 | Listed for sale | $499,9000%$162/sqft |
Source: | ||
| 6/1/2024 | Listing removed | -- |
Source: | ||
| 9/16/2023 | Listed for sale | $500,000+444.1%$162/sqft |
Source: | ||
| 9/23/2014 | Sold | $91,900-3.2%$30/sqft |
Source: | ||
| 8/9/2014 | Price change | $94,900-5%$31/sqft |
Source: RE/MAX INLAND EMPIRE #201420810 Report a problem | ||
| 7/11/2014 | Price change | $99,900-7.1%$32/sqft |
Source: RE/MAX INLAND EMPIRE #201420810 Report a problem | ||
| 6/11/2014 | Price change | $107,500-8.5%$35/sqft |
Source: RE/MAX INLAND EMPIRE #201414771 Report a problem | ||
| 5/10/2014 | Price change | $117,500-7.8%$38/sqft |
Source: RE/MAX INLAND EMPIRE #201414771 Report a problem | ||
| 4/9/2014 | Listed for sale | $127,500-14.9%$41/sqft |
Source: RE/MAX Inland Empire #201414771 Report a problem | ||
| 1/4/2014 | Listing removed | $149,900$49/sqft |
Source: Team Luxcell / Keller Williams Report a problem | ||
| 9/15/2013 | Price change | $149,900-11.2%$49/sqft |
Source: Team Luxcell / Keller Williams Report a problem | ||
| 8/12/2013 | Listed for sale | $168,900-6.2%$55/sqft |
Source: Team Luxcell / Keller Williams Report a problem | ||
| 10/27/2005 | Sold | $180,000$58/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,546 +8.2% | $313,530 |
| 2023 | $3,277 -5.1% | $313,530 +157% |
| 2022 | $3,453 +103.8% | $122,000 |
| 2021 | $1,694 -1.7% | $122,000 +32.6% |
| 2020 | $1,724 +32.3% | $92,000 |
| 2018 | $1,303 | $92,000 |
| 2017 | -- | $92,000 |
| 2015 | -- | $92,000 -40.6% |
| 2013 | -- | $155,000 |
| 2012 | -- | $155,000 |
| 2011 | -- | $155,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 99122
Nearby schools
GreatSchools rating
- 7/10Davenport Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 7/10Davenport Senior High SchoolGrades: 6-12Distance: 0.3 mi
Schools provided by the listing agent
- District: Davenport
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Lincoln County
- Davenport
- 99122
- 401 4th St