This 4 plex in downtown Moline is looking for its next investor. Two 2 bedroom units upstairs and two 1 bedroom units on the main level, each with separate basement access for additional storage space. Parking behind building with additional parking in city lot right behind. Property has large front porches for seating, plus shared back patios for upper units. Unit 711 is currently occupied at $750, 711 1/2 is currently being advertised for rent at $800. All 4 units have had kitchen cabinets replaced in the past year, 711 got new flooring and paint fall 2023, 711 1/2 new flooring and paint August 2024.
Last Agent to Sell the Property
eXp Realty Brokerage Phone: 563-468-0748 License #475.178691/S66710000 Listed on: 09/05/2024
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Parking
Schools
Utilities
Community Details
Listing and Financial Details
$199,900
Looking to expand your portfolio with a 4-unit income property? Each unit has 1 bedroom and 1 bath. The 4-plex has a 1 car garage that is available for use by unit 1. All units are currently rented. Unit 1 was recently renovated. Roof is a couple years old, and all wooden decking and steps have been waterproofed. Coin-operated laundry in the basement. Nice location, just minutes from downtown
Kara Swanson BUY SELL BUILD QC - Real Broker, LLC
$140,000
This up/down duplex is ready for its next owner. Main floor unit is a 1 bed 1 bath getting $775 on a month-to-month lease. The upstairs unit is a 2 bed one bath getting $825 with a long term tenant in a year lease thru end of May 26'. New roof and siding 2024, one water heaters replaced 2024. Tenants pay utilities, the owner covers lawn/snow.
Chris Atha eXp Realty
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | Gomez Title | |
| Trustee Deed | $129,000 | Gomez Title | |
| Trustee Deed | $129,000 | Gomez Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,750 | New Conventional | |
| Previous Owner | $103,200 | New Conventional | |
| Previous Owner | $103,200 | New Conventional |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2024 11/21/24 | Rented | $850 | 0.0% | -- |
| 10/31/2024 10/31/24 | For Rent | $850 | 0.0% | -- |
| 10/29/2024 10/29/24 | Sold | $185,000 | -7.5% | $56 / Sq Ft |
| 09/18/2024 09/18/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $200,000 | 0.0% | $61 / Sq Ft |
| 12/27/2023 12/27/23 | Rented | $750 | 0.0% | -- |
| 12/23/2023 12/23/23 | For Rent | $750 | -- | -- |
| 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 | $4,043 | $45,821 | $5,479 | $40,342 |
| 2023 | $4,043 | $48,536 | $5,238 | $43,298 |
| 2022 | $4,416 | $48,536 | $5,238 | $43,298 |
| 2021 | $4,401 | $46,357 | $5,003 | $41,354 |
| 2020 | $4,423 | $46,080 | $4,973 | $41,107 |
| 2019 | $4,215 | $45,000 | $4,856 | $40,144 |
| 2018 | $4,215 | $44,126 | $4,798 | $39,328 |
| 2017 | $4,121 | $43,218 | $4,699 | $38,519 |
| 2016 | $4,073 | $42,495 | $4,620 | $37,875 |
| 2015 | $3,987 | $41,621 | $4,525 | $37,096 |
| 2014 | -- | $42,859 | $4,660 | $38,199 |
| 2013 | -- | $42,859 | $4,660 | $38,199 |
Seller's Agent in 2024
Chris Atha
eXp Realty
(563) 468-0748
1 in this area
61 Total Sales
Buyer's Agent in 2024
Cheryl Piersall
eXp Realty
(563) 340-5006
1 in this area
35 Total Sales
Source: RMLS Alliance
MLS Number: QC4256334
APN: 08-32-420-005
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