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242 46th Street Moline, IL $ 849,000
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242 46th Street
$ 849,000
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242 46th Street

Moline, IL, 61265
$ 849,000
Baths0.0 Sq 9,600

Monthly Estimate*

$ 5,227

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Studio

Multi-Family Home for sale in Moline, IL

for $849,000. This 9,600 square foot home was built in 1944 on a lot size of 1.87.

Incredible investment opportunity in Moline! This expansive multi-family property features a solid rental history with long-term tenants already in place, situated on a generous 1.81-acre parcel. Offering a park-like setting with optimal off-street carport parking, this unique 25-unit apartment community features highly efficient studio layouts. Units include a private entrance, full kitchen setup, and a rental structure historically built around an all-utilities-included format for low vacancy rates. Perfectly positioned just off Avenue of the Cities, this property offers incredible proximity to local dining, shopping centers, public transit, and major Quad Cities routes. Sold as-is,Buyers and/or buyers agents to verify all facts, details, features and measurements of the property. DO NOT DISTURB TENANTS. 24hour notice required.

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Multi-Family Active

Price

$ 849,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,971

Style

Multi-Family

Lot Size

1.87

Year Built

1944

Town/City

Moline

County/Region

Rock Island

MLS | Web ID

12654741
Features
General
Cooling Window Unit(s)
Possession Tenant's Rights
Construction Materials Wood
Year Built 1944
Electric Circuit Breakers
Stories Count 1
Township Moline
Tax Year 2025
Current Use Multi-Family
Gross Income 162840
County Rock Island
Net Operating Income 132099
Operating Expense 30741
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Possible Use Multi-Family
Status New
Directions Head east on Avenue of the Cities (IL-92 E). Turn left (north) onto 48th St then take an immediate left onto the access drive just past the restaurant to head west toward 46th St. The property will b
City Moline
Number Of Units Total 25
MLS Area Moline
Lot Size Square Feet 78656
Tax Annual Amount 9971
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 9600
Lot Dimensions 175 x 448
Lot Size Acres 1.87
Frontage Type City Street Paved
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* Excluded Features
List By
Epique Realty Inc

Broker

agent@brycebowers.com

Email

Affordability Calculator

$6,058
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,227
Monthly Property Taxes
$831
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/26/2026$849,000 Listed Price

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242 46th Street, Moline, IL, 61265 is a Multi-Family Home for sale at $849,000 with 9,600 sqft and a lot size of 1.87. 242 46th Street is a studio with 0.0 baths and was built in 1944. The property's zip code is 61265 which is in Moline, IL

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