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Sold on 05/07/2025
KayLa Forret-Munoz of HomeSmart Residential and Commercial Realty

502-504 48th St #2, Moline, IL 61265

$191,087

Last sold 05/07/2025 for $230K

  • —

    bed

  • —

    bath

  • 1,616

    Sqft ($142/Sqft)

Multi-family not for sale
Learn about Moline's top local Real Estate agents

About 502-504 48th St #2

Property type Multi-family
Year built 1954
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
No stone was left unturned on this fantastic Moline duplex! Owned & lived in by the same family since the 80s it has been meticulously taken cared of. The owners currently reside on the 504 side. Each unit is three bed & two bath. Finished basements. Siding, windows & roof 2009. 504 - Basement finished, livingroom painted, new flooring throughout & new AC 2020. Bathroom fully gutted & tiled 2011. Kitchen cabinets redone, new counter & flooring 2025. All appliances staying! (Stove 22, washer & dryer 23/24) furnace serviced yearly. 502 is currently leased to owners Mom in a month to month lease. Basement remodeled & finished 2009. New basement carpet 2021. Kitchen & bath remodeled 2019. This property has won the QC Home Improvement award in 09'. There are ample flowers & a great outdoor space to enjoy. The back patio was added in 2008. All measurements & information to be verified by buyer/agent.
Listed by
Listing Agent - KayLa Forret-Munoz
Listing Office - HomeSmart Residential and Commercial Realty
Source: MRED mls logo
MLS#QC4262438 • last updated 5 months ago
Movoto checked MRED for data 18 minutes ago
Overview
MLS # QC4262438
Status Closed
Living Area 1616
Type Two To Four Units
Property Tax $ 3436.84
Year Built 1954
Interior
Basement Full
Laundry In Unit
Exterior
Construction Vinyl Siding
Amenities / Utilities
Utilities Cable Available
Sewer/ Septic Desc Public Sewer
Water Source Public
Location
Area Moline
County Rock Island
Subdivision Mineral Spring Park
High School Moline
APN 08-34-225-001
Directions Corner Of 48th Street And 5th Avenue
Multifamily Details
Expense: Maintenance 7000
Expense: Insurance 1200
Net Operating Income 1913
Gross Income 13800
Expense: Electricity 90
Expense: Fuel 90
Expense: Water/ Sewer 70
$191K
Range: $171K-$210K
Last 30 days 
Rental est.: $764/month
Gross rent multiplier: 25.1
  • Jun 2025
    mls logo MLS # QC4262438
  • Jun 5, 2025 Sold
    $230,000
  • Apr 20, 2025 Listed
    $230,000
  • 502-504 48th St #2
    $230K
  • —
  • 61265
    $160K +9% y/y
  • Moline
    $162K +11% y/y
No chart available
Statistics calculated by Movoto

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5/10
Benjamin Franklin Elementary School
public Grades K-5
Moline Usd 40
3/10
Woodrow Wilson Middle School
public Grades 6-8
Moline Usd 40
4/10
Moline Sr High School
public Grades 9-12
Moline Usd 40
Source: GreatSchools.org © 2026. All rights reserved.

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