1305 2nd Avenue Rock Island, IL $ 440,000
1305 2nd Avenue
$ 440,000
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1305 2nd Avenue

Rock Island, IL, 61201
$ 440,000
Bedrooms7 Baths0.0 Sq 9,312

Monthly Estimate*

$ 2,778

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Multi-Family Home for sale in Rock Island, IL

for $440,000 with 7 bedrooms. This 9,312 square foot home was built in 1874 on a lot size of 0.23.

Exceptional investment opportunity in the heart of Rock Island with a great view of the Centennial Bridge and 4th of July fireworks! This 12-unit brick apartment building offers investors a chance to acquire a well-located income-producing asset with long-term upside. The property consists of twelve 1-bedroom, 1-bath apartments, with private decks for every unit showcasing impressive views of the Mississippi River and the Centennial Bridge-an amenity that sets this property apart from competing rentals. The building features a low-maintenance brick exterior, block/stone foundation, and a strong rental history with the opportunity to continue increasing income through lease turnover and management optimization. Units are heated without central air conditioning, keeping maintenance straightforward while providing tenants with desirable outdoor living space and scenic views rarely found at this price point. Located just minutes from downtown Rock Island, Arsenal Island, shopping, restaurants, public transportation, and major employers, this property offers an attractive combination of location, stability, and future appreciation potential. Whether you're expanding your portfolio or completing a 1031 exchange, 1301-1305 2nd Ave presents an excellent opportunity to own a substantial multifamily asset in one of the Quad Cities' established rental markets. 48 hours notice required for showings.

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Multi-Family Active

Price

$ 440,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 18,328

Style

Lot Size

0.23

Year Built

1874

Town/City

Rock Island

County/Region

Rock Island

MLS | Web ID

12725207

Features
General
Cooling None
Construction Materials Brick
Year Built 1874
Electric Separate Meters
Stories Count 3
Tax Year 2025
Gross Income 88920
County Rock Island
Property Type Commercial Sale Multi Family 5+
Status New
Directions Follow River Dr and U.S. Hwy 67 S to 2nd Ave in Rock Island
City Rock Island
Number Of Units Total 12
MLS Area Rock Island
Lot Size Square Feet 10045
Tax Annual Amount 18328
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 9312
Lot Dimensions 150x81x105x50x45x32
Lot Size Acres 0.23
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* Excluded Features
List By
Rainmaker Collective - Real Broker, Llc

Broker

brb@brbsellshomes.com

Email

Affordability Calculator

$4,306
Per Month
65%
35%
0%
Monthly Principal & Interest
$2,778
Monthly Property Taxes
$1,527
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
8/6/2026$440,000 Listed Price

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1305 2nd Avenue, Rock Island, IL, 61201 is a Multi-Family Home for sale at $440,000 with 9,312 sqft and a lot size of 0.23. 1305 2nd Avenue has 7 bedrooms, 0.0 baths, and was built in 1874. The property's zip code is 61201 which is in Rock Island, IL