$161,000
SOLD MAY 13, 2025
-- Bed
-- Bath
1,560 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$103 Per Sq Ft

1% Above List Price

2 Days on Market

About This Home

As of May 2025

*OFFER DEADLINE of 3PM on Friday April 18th, 2025* Welcome to 1837-1839 2nd Street in Moline - a well-maintained duplex that's ready to add solid cash flow to your portfolio. Each side of this property features 2 bedrooms, 1 full bathroom, and an unfinished basement with laundry hookups. Tenants enjoy their own attached garage stall and have completely separate utility setups, including individual electric, gas, and water meters. Tenants are responsible for paying all utilities - including garbage and sewer - and handle their own lawn care and snow removal. Conveniently located near downtown Moline, shopping, and public transportation, this property offers a low-maintenance, high-appeal investment.

Last Agent to Sell the Property

Bobby Bunch

BUY SELL BUILD QC - Real Broker, LLC License #S68665000/475.193779 Listed on: 04/16/2025

Last Buyer's Agent

Mariah Miller

Epique Realty License #S69407000/475.206213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 50x129
  • Electric Fence
  • Level Lot

Parking

  • Alley Access

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Laundry

  • Laundry in unit

Schools

  • Hamilton Elementary School
  • John Deere Middle School
  • Moline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Fairmount Subdivision

Building Details

  • Insurance Expense $2,618
  • Maintenance Expense $885
  • Gross Income $18,900
  • Net Operating Income $10,897

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Year Built

Built in 1979

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Fairmount
  • Year Built: 1979
  • Age: 41-50 Years
  • Legal Description: Lot 8 Block 5 Fairmount Add
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Water Heater-Gas

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Electric
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Unit
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Hamilton
  • High School: Moline
  • Middle/Junior School: John Deere

Lot Info

  • Lot Dimensions: 50x129

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 10897
  • Insurance Expense: 2618
  • GrossIncome: 18900
  • Maintenance Expense: 885

Tax Info

  • Tax Annual Amount: 4499.98
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
May 7, 2025
Sold by
Ackerland Joshua P and Ackerland Melissa L
Bought by
Gutierrez Jose M and Gutierrez Fabiola
Seller's Agent
Bobby Bunch
BUY SELL BUILD QC - Real Broker, LLC
Buyer's Agent
Mariah Miller
Epique Realty
List Price
$160,000
Sold Price
$161,000
Premium/Discount to List
$1,000
0.62%
Views
16
Current Estimated Value
$164,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,275
Avg. Annual Appreciation
5.95%
Original Mortgage
$128,800
Outstanding Balance
$121,496
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$47,812
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $161,000 Gomez Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,800 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2025 05/13/25 Sold $161,000 +0.6% $103 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $160,000 -- $103 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,610 $52,253 $5,462 $46,791
2023 $4,610 $49,955 $5,222 $44,733
2022 $4,059 $44,614 $5,222 $39,392
2021 $4,046 $42,612 $4,988 $37,624
2020 $4,066 $42,358 $4,958 $37,400
2019 $3,997 $41,365 $4,842 $36,523
2018 $3,332 $34,885 $4,785 $30,100
2017 $3,258 $34,168 $4,687 $29,481
2016 $3,220 $33,597 $4,609 $28,988
2015 $3,152 $32,906 $4,514 $28,392
2014 $772 $33,965 $4,660 $29,305
2013 $772 $33,965 $4,660 $29,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4262323

Midwest Real Estate Data (MRED)

APN: 17-06-217-009

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