515 Ripley St

Davenport, IA 52803

$797,500
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Davenport Iowa Real Estate For Sale! This Includes 2 Buildings with 11 Units that Tenants pay Electric & Gas in 509 & Electric in 515. $9,650 /Month Rent for all Units! Great Investment Opportunity, 2 Additional Properties on E. 6th Street & 5 Additional Properties on E. 7th Street For Sale! 509 Ripley: Unit 1 - 1/1 $1,000, Units 2-4 - 2/1 $1,200, Year leases. 515 Ripley: 6 Units - 1/1 $750, & 1 Unit $550 - Month to month.Davenport Iowa Real Estate For Sale! This Includes 2 Buildings with 11 Units that Tenants pay Electric & Gas in 509 & Electric in 515. $9,650 /Month Rent for all Units! Great Investment Opportunity, 2 Additional Properties on E. 6th Street & 5 Additional Properties on E. 7th Street For Sale! 509 Ripley: Unit 1 - 1/1 $1,000, Units 2-4 - 2/1 $1,200, Year leases. 515 Ripley: 6 Units - 1/1 $750, & 1 Unit $550 - Month to month.
  1. Listed by Lucky Lang II • Mel Foster Co. Davenport
    P: (563)-359-4663 C: (563)-650-9597 Lucky6769031@gmail.com

Property Details for 515 Ripley Street

Area
Davenport
Township
N/A
LISTING UPDATED: 01/20/2026 05:55 PM

Property Details for 515 Ripley Street

StatusActive
MLS #4267091
Days on Market147
Taxes$9,610 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+
Year Built1905
Lot Size0.09 AC / 3,920 SF
CountyScott County

Location

Listing Courtesy of Mel Foster Co. Davenport
Add your commute

Building Information for 515 Ripley Street

Stories-Residences11Year Built1905Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$4,688 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,887

Property Taxes

$801

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 515 Ripley Street

General Information
Location and General Information
  • Information: Show-Call Listing Office
Property Information
Interior Features
  • Electric: Separate Meters
  • # Of Window/Ac: 0
  • # Of Refrigerators: 11
  • Num of Baths: 0.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 100 x 40
  • Construction: Brick
  • Building Area Total: 7800
  • # Of Ranges: 11
Property and Assessments
  • Buyer Financing: Cash, Conventional
  • Public Document Count: 0
  • Property Offered: For Sale Only
  • Photos Count: 28
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 11
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $115,800.00
  • Gross Scheduled Income: $115,800.00
  • Maintenance Expense: $.00
  • Annual Misc Income: 0
  • Net Operating Income: $106,190.00
  • Operating Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 515 Ripley Street

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Price Change

MRED #4267091

$797,500
Sep 4, 2025

Listed (Active)

MRED #4267091

$807,500
Sep 3, 2025

Cancelled

RMLS ALLIANCE #QC4267091

$797,500
Sep 2, 2025

Expired

RMLS ALLIANCE #QC4260926

$807,500
Sep 2, 2025

Expired

MRED #4260926

$807,500
Mar 2, 2025

Price Change

RMLS ALLIANCE #QC4260926

$847,500
Mar 2, 2025

Price Change

RMLS ALLIANCE #QC4260926

$827,500
Mar 2, 2025

Price Change

RMLS ALLIANCE #QC4260926

$807,500
Mar 2, 2025

Listed (Active)

RMLS ALLIANCE #QC4260926

$867,500
Mar 2, 2025

Listed (Active)

MRED #4260926

$867,500
Mar 1, 2025

Expired

RMLS ALLIANCE #QC4256052

$887,500
Sep 1, 2024

Listed (Active)

RMLS ALLIANCE #QC4256052

$895,000
DateEvent & SourcePrice
12/17/2025

Price Change

MRED #4267091

$797,500
09/04/2025

Listed (Active)

MRED #4267091

$807,500
09/03/2025

Cancelled

RMLS ALLIANCE #QC4267091

$797,500
09/02/2025

Expired

RMLS ALLIANCE #QC4260926

$807,500
09/02/2025

Expired

MRED #4260926

$807,500
03/02/2025

Price Change

RMLS ALLIANCE #QC4260926

$847,500
03/02/2025

Price Change

RMLS ALLIANCE #QC4260926

$827,500
03/02/2025

Price Change

RMLS ALLIANCE #QC4260926

$807,500
03/02/2025

Listed (Active)

RMLS ALLIANCE #QC4260926

$867,500
03/02/2025

Listed (Active)

MRED #4260926

$867,500
03/01/2025

Expired

RMLS ALLIANCE #QC4256052

$887,500
09/01/2024

Listed (Active)

RMLS ALLIANCE #QC4256052

$895,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 515 Ripley Street

This home is within Davenport Community School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 6

Frank L Smart Intermediate School
Public7 to 8

Central High School
Public9 to 12

Mid City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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515 Ripley Street is a multi-family home for sale in Davenport, IA 52803. This property was listed for sale on September 4, 2025 by Mel Foster Co. Davenport, it's currently listed at $797,500. This listing's school district is Davenport Community School District. Nearby schools include Madison Elementary School, Frank L Smart Intermediate School and Central High School. 515 Ripley Street is a 0-bed, 0-bath, multi-family home built in 1905.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mel Foster Co. Davenport

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/20/2026 05:55 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.