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Listing provided courtesy of Epique RealtyMREDas Distributed by MLSGrid- MLS# 12631776MLS Provider

425 and 428 1/2 28th StreetBettendorf, IA 52722

Commercial · 5,810 Sq. ft. | 0.99 Acres
$790,000 Active

425 and 428 1/2 28th Street Overview

Time on Site:
62 days
Visits:
48

Excellent investment opportunity in the heart of Bettendorf, just minutes from downtown. This unique property includes two parcels with a strong mix of residential and commercial income. The property features three storage/warehouse units, two approximately 1,250 square feet and one approximately 1,200 square feet, each currently leased at $1,250 per month. In addition, the property includes two single-family homes. One home offers 1,249 square feet and is rented at $1,400 per month, while the second home offers 861 square feet and is also rented at $1,400 per month. Total gross monthly rents are $6,550, providing immediate cash flow with a diversified tenant base. Tenants are already in place, making this a true turnkey opportunity for investors looking to expand their portfolio. Convenient location near downtown Bettendorf with easy access to local amenities, major roads, and continued area growth. Whether you are looking for steady income, long term appreciation, or a combination of both, this property checks all the boxes.

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425 and 428 1/2 28th Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,810
  • Price/Sq.ft. $136
  • Lot 0.99 Acres

Details

General

Income/Expenses

  • Gross Income: 78600
  • Gross Scheduled Income: 78600
  • Net Operating Income: 54881
  • Operating Expense: 23719

Building Information

  • Year Built: 1933

Location/Region

  • County Or Parish: Scott
  • MLS Area Major: Bettendorf
  • Township: N/A

Tax Information

  • Tax Annual Amount: $19,700.00
  • Tax Year: 2024

General Information

  • Parcel Number: 8427492021
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 5810

General Information

  • Leasable Area: 0

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Acres: 0.99
  • Lot Size Square Feet: 42949

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

  • Number Of Units Total: 5

425 and 428 1/2 28th Street Neighborhood

Community

52722 (RIVERDALE) Demographics

40
Median Age
1,339
Population Density (per sq. mile)
60%
College Educated
$86,202
Estimated Median Income
11,498
Estimated Total Home Owners
3,406
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

425 and 428 1/2 28th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

425 and 428 1/2 28th Street Market Data

Based on the last 30 days in this zip code

$517,257
Average List Price
$220
Average Price per Square Foot
56
Properties Sold
60
Average Days on Market
193
Properties for Sale
Calculations provided by Reliance Network

425 and 428 1/2 28th Street History

Date Event Value Agent
5/3/2026Source: MRED Status Change
Active
4/28/2026Source: MRED Added to Database
April 28, 2026