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Corner Multifamily Income Portfolio

1440 12th Street Moline, IL 61265

1440 12th Street, Moline, IL, 61265
$499,900
For Sale
$499,900

Three-building income portfolio includes a duplex with one vacant unit, a fully occupied triplex with commercial and residential space, and an office-ready building.

Days on Market261

Property Features for 1440 12th Street

General Information

Standard status
Active
Property subtype
Multi Family 5+ / Multi Family 5+-Other / Multi Family 5+

Building Details

Year Built
1907
Listing agency Mel Foster Co. Davenport
Listed by Dave Rossa · License #475.106756/S38561000
Source Compass
Added: Nov 4, 2025 Updated: Jul 23 at 12:38AM Checked: Jul 23 at 12:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mel Foster Co. Davenport


Investment Insights

Based on property information with market context.

This for-sale, multi-building income portfolio includes three separate structures sold as-is. The duplex is described as well-maintained and has one vacant unit, alongside an occupied unit. The triplex includes lower-level commercial space and two residential units above; the triplex is fully occupied, with residential units noted at $600/mo and $700/mo and the lower-level commercial space noted at $900/mo.

The third building was last used as office space, and the remarks indicate it could potentially be used as single-family residential. The property is positioned as an investment opportunity to own the whole corner location, with all three buildings included in the sale.

A showing is recommended to review each building’s configuration and current condition.

Key Highlights

  • 1907‑built, three‑building income portfolio being sold as‑is
  • Duplex includes 1 vacant unit with $700/mo rent listed for the duplex
  • Triplex includes lower‑level commercial space plus 2 residential units above

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Restaurant Kitchen & Bath Showroom Computer & Electronic Repair Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Three-building income portfolio includes a duplex with one vacant unit, a fully occupied triplex with commercial and residential space, and an office-ready building.
Where is this duplex located?
The property is located at 1440 12th Street Moline, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1907‑built, three‑building income portfolio being sold as‑is; Duplex includes 1 vacant unit with $700/mo rent listed for the duplex; Triplex includes lower‑level commercial space plus 2 residential units above
Contact an agent
More about this property
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