$115,000

Estimated payment $747/month

Total Views 271
4 Beds
-- Bath
2,516 Sq Ft
$46 Price per Sq Ft

About This Home

4 plex investment opportunity! This 4 unit building sits downtown rock island and is a cash cow! With a new boiler installed in january of 2024 and new tenant leases this makes for a great deal. This property comes with a single car garage that is best used for storage, and private access to the basement to add coin laundry as well. Tenants also pay for utilities. Lease expirations as follows 1 unit is 3/31/27, 2 units are 4/30/26, 1 unit month to month.Seller is a licensed agent in IL & IA

Listing Agent

Paul-Richard Pierre

Real Broker, LLC Brokerage Phone: 563-499-4903 License #S59687000/475.177238 Listed on: 09/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 1923

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 2,516 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • Alley Access
  • On-Street Parking

Schools

  • Rock Island High School

Additional Features

  • Lot Dimensions are 38x146
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16-02-108-012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,621

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1923
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Quadruplex
  • PricePerSqFt: 45.71
  • Attribution Contact: Cell: 563-499-4903
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Other
  • Construction Type: Wood Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Detached, On Street

Utilities

  • Heating: Natural Gas, Hot Water, Gas Water Heater
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 5
  • NumberofWaterMeters: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Rock Island

Lot Info

  • Lot Size: 38x146
  • Parcel #: 16-02-108-012

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1621
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27900
  • Annual Operating Expense: 920

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,621 $15,887 $1,672 $14,215
2023 $1,621 $15,159 $1,595 $13,564
2022 $963 $9,286 $1,498 $7,788
2021 $954 $8,912 $1,438 $7,474
2020 $942 $8,695 $1,403 $7,292
2019 $941 $8,695 $1,403 $7,292
2018 $905 $8,524 $1,375 $7,149
2017 $877 $8,398 $1,355 $7,043
2016 $845 $8,233 $1,328 $6,905
2015 $811 $7,804 $1,259 $6,545
2014 -- $6,290 $1,266 $5,024
2013 -- $6,290 $1,266 $5,024
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $115,000 -- $46 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,000 Gomez Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $65,000 New Conventional
Closed $52,000 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: QC4267235

RMLS Alliance

APN: 16-02-108-012