$231,000
SOLD NOV 24, 2025

3401 56th Street Place Unit 2 Moline, IL 61265

-- Bed
-- Bath
2,279 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

22% Below List Price

104 Days on Market

Highlights

  • Corner Lot
  • Attached Garage
  • Forced Air Heating System

About This Home

As of November 2025

This quality updated duplex is well taken care of and in a wonderful Moline neighborhood!. One garage space per unit and driveway and street parking. Both units have nice size bedrooms and spacious living rooms. Each have unfinished basements with storage and private laundry facilities. Each unit has a full bath and two half baths. Each unit is on complete separate utilities and paid by tenants. One unit collects $1200 a month on a month to month lease and the other unit collects $1300 a month and will be vacant and ready for a new tenant in August. Seller will provide a one year home warranty. 24 hour notice to accommodate tenants.

Last Agent to Sell the Property

Hope Golick

Navigate LPT Realty License #S40971000/475.130291 Listed on: 07/01/2025

Last Buyer's Agent

Cyndi Webster

Ruhl&Ruhl REALTORS Moline License #475.209206/S71891000

Ruhl&Ruhl REALTORS Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,963

Year Built

  • Built in 1971

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 145.3 x 57.26 x 94.71 x 4
  • Corner Lot

Home Design

  • Brick Foundation
  • Vinyl Siding

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Moline High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Laundry in unit
  • Basement Fills Entire Space Under The House

Community Details

Overview

  • Homewood Terrace Subdivision

Building Details

  • Insurance Expense $3,230
  • Gross Income $30,000
  • Net Operating Income $18,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,963

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Homewood Terrace
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 11 Homewood terrace first add
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Lot Features: Corner Lot

Garage/Parking

  • Parking Features: Garage Door Opener, Attached

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Schools

  • High School: Moline

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 145.3 x 57.26 x 94.71 x 4

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 18407
  • Insurance Expense: 3230
  • GrossIncome: 30000

Tax Info

  • Tax Annual Amount: 5963.28
  • Tax Year: 2024
  • Tax Exemptions: None

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Sold $231,000 -21.7% $101 / Sq Ft
10/13/2025 10/13/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $295,000 -- $129 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4264904

Midwest Real Estate Data (MRED)