Prime investment opportunity in the heart of Downtown Moline. This 45,816 SF mixed-use building offers 27 updated residential units (a mix of 1BR and 2BR) and 3 ground-floor commercial spaces, including long-term anchor tenant Tony's Pizza. With six vacant residential units, there's immediate upside for value-add investors. Originally built in 1915, the property blends historic character with modern updates like central air, elevator access, and solid brick construction. Priced under $55/SF, this asset offers strong potential for cash flow growth in a highly walkable location near employers, transit, and the riverfront.
— the listing agent’s description
The home
Built in 1915
0.28-acre lot
Multi Family 5+
What it’ll cost
$97,566 taxes / yr
No HOA
395 days on dwello
Estimated monthly payment
$20,749/mo
Principal & interest$11,963
Property taxes$8,130
Homeowners insurance$656
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This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.