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4-Unit Residential Quadplex
New
For Sale
$550,000

3343 56th Street, Moline, IL 61265

The property combines two-bedroom ranch homes with two-story, three-bedroom units, each with a private garage.

Property SizeContact for details
Days on Market5

Property Features for 3343 56th Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income
Occupancy 75%

Units

Unit Mix 2 x 2BR ranch, 2 x 3BR two story
Multifamily Units 4
Parking per Unit 1

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $9,908

Building Details

Year Built 1966
Listing Agency: Apartment & Home Seekers
Listed By: Neal Ratner · License #471010763
Source: Aptandhomeseekers
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 23 at 9:33PM

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 Apartment & Home Seekers

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Investment Insights

Based on property information with market context.

This four-unit residential property, built in 1966, pairs two-bedroom ranch-style homes at the ends with two-story, three-bedroom homes in the center. Three of the units are rented. Each residence has separate gas, electric, and water meters, a one-car garage, and a stove, refrigerator, dishwasher, washer, and dryer. The garages are attached to the outer homes and detached from the middle homes.

Key Highlights

  • Four side‑by‑side residential units; three are rented
  • Two outer homes have 2 bedrooms and ranch‑style layouts; two middle homes have 3 bedrooms across two stories
  • Each unit has separate gas, electric, and water meters

Property Analytics

Lease Details

4
Residential units
75%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The property combines two-bedroom ranch homes with two-story, three-bedroom units, each with a private garage.
Where is this quadplex located?
The property is located at 3343 56th Street Moline, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four side‑by‑side residential units; three are rented; Two outer homes have 2 bedrooms and ranch‑style layouts; two middle homes have 3 bedrooms across two stories; Each unit has separate gas, electric, and water meters
More about this property
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