NOT LISTED FOR SALE
-- Bed
-- Bath
3,102 Sq Ft
6,534 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $140,000 $45 Per Sq Ft

8 Days on Market

Highlights

  • Two Heating Systems
  • Fenced
  • Level Lot
  • Multiple cooling system units

About This Home

As of May 2023

Triplex Investment Opportunity available for sale in Rock Island! This turnkey investment property is fully occupied with a gross monthly income of $2,200. Units feature original woodwork, hardwood flooring and many updated systems. There is a 3 bedroom unit (1229), 2 bedroom unit (1231), and a 1 bedroom unit (1231 1/2). The 2 bedroom and 1 bedroom unit share a secured entrance and could be converted to one large upper and lower apartment. The 3 bedroom unit (1229) has access to basement and laundry facilities. Updates include, 2 unit Central A/C (2018), 3 new electric panels, 2 updated windows (2022), walk up attic, 6 ft privacy fence in backyard and toolshed. All Appliances stay! You don't want to miss this great money maker!! tenants responsible for snow removal & lawn care. Off-street, ally parking available.

Last Agent to Sell the Property

Rachel Thonmas

Real Broker, LLC - Bettendorf License #475.165876/B64013000 Listed on: 03/13/2023

Co-Listed By

Christia Nache

Real Broker, LLC - Bettendorf License #S68522000/475.196175

Last Buyer's Agent

Eric Ryden

Quad Cities Iowa Realty - Moline License #471.010835/B42437000

Quad Cities Iowa Realty - Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1909

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x129
  • Fenced
  • Level Lot

Home Design

  • 3,102 Sq Ft Home
  • Concrete Foundation
  • Shingle Roof
  • Aluminum Siding

Parking

  • 4 Parking Spaces
  • Alley Access
  • On-Street Parking

Schools

  • Rock Island High School

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Community Details

  • Black Hawk Subdivision

Listing and Financial Details

  • Tenant pays for lawn care, snow removal
  • Assessor Parcel Number 16-02-203-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,746

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1909
  • New Construction: No
  • Structure Type: Triplex
  • PricePerSqFt: 45.13
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, On Street
  • Total Parking Spaces: 4

Utilities

  • Heating: Heating Systems - 2+, Gas, Cooling Systems - 2+, Central Air
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 1
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 3
  • NumberofWaterMeters: 1
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • LawnSnowRemoval: 0

Fee Information

  • AdvertisingExpense: 0
  • OtherExp1Description: city bill

Schools

  • High School: Rock Island

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.15
  • Lot Size: 50x129
  • Parcel #: 16-02-203-004
  • CertificateOfZoning: No

Rental Info

  • Tenant Pays: Lawn Care, Snow Removal
  • Lease Term: Variable

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2746
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 26400
  • Annual Operating Expense: 2684

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $140,000 +7.7% $45 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $130,000 -- $42 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: QC4241165

RMLS Alliance