Corner Multifamily Income
For Sale
$499,900
1440 12th Street, Moline, IL 61265
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 Market268
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
(309) 236-9195
Listed By:
Dave Rossa · License #475.106756/S38561000
(309) 236-9195
Source:
Compass
Added: Nov 4, 2025
Changed: Jul 23
Last Checked: Jul 30 at 1:34PM
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.
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
Current Use
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Explore this area
Business Placement
Demographics for 61265, IL
44,342
Population
20,396
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
89%
High-School Grad
19.2 sq mi
ZIP Area
2,309
Density / Sq Mi
$63,910
Median Household Income
$38,960
Median Earnings
$890
Median Rent
$142,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
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
