502-504 48th St, Unit 2

Moline, IL 61265

$230,000
Last Sold Price
Beds
Baths
1,616 Sq. Ft.
$142 / Sq. Ft.
1,616
Sq. Ft.
$142
per Sq. Ft.

Description

No stone was left unturned on this fantastic Moline duplex! Owned & lived in by the same family since the 80s it has been meticulously taken cared of. The owners currently reside on the 504 side. Each unit is three bed & two bath. Finished basements. Siding, windows & roof 2009. 504 - Basement finished, livingroom painted, new flooring throughout & new AC 2020. Bathroom fully gutted & tiled 2011. Kitchen cabinets redone, new counter & flooring 2025. All appliances staying! (Stove 22, washer & dryer...No stone was left unturned on this fantastic Moline duplex! Owned & lived in by the same family since the 80s it has been meticulously taken cared of. The owners currently reside on the 504 side. Each unit is three bed & two bath. Finished basements. Siding, windows & roof 2009. 504 - Basement finished, livingroom painted, new flooring throughout & new AC 2020. Bathroom fully gutted & tiled 2011. Kitchen cabinets redone, new counter & flooring 2025. All appliances staying! (Stove 22, washer & dryer 23/24) furnace serviced yearly. 502 is currently leased to owners Mom in a month to month lease. Basement remodeled & finished 2009. New basement carpet 2021. Kitchen & bath remodeled 2019. This property has won the QC Home Improvement award in 09’. There are ample flowers & a great outdoor space to enjoy. The back patio was added in 2008. All measurements & information to be verified by buyer/agent.
  1. Listed by KayLa Forret-Munoz • HomeSmart Residential and Commercial Realty
  2. Listed by Heather Grabeel • HomeSmart Residential and Commercial Realty

Property Details for 502-504 48th Street, Unit 2

Parking Total
4.0
Subdivision Name
Mineral Spring Park
LISTING UPDATED: 06/05/2025 03:01 PM

Property Details for 502-504 48th Street, Unit 2

StatusSold
MLS #QC4262438
Days on Market17
Taxes$3,437 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1954
Lot Size-
CountyRock Island County

Location

Listing Courtesy of HomeSmart Residential and Commercial Realty

Sold By Ruhl&Ruhl REALTORS Moline

Add your commute

Building Information for 502-504 48th Street, Unit 2

Stories-Residences2Year Built1954Building Size-Lot Size-

Payment Calculator

$1,491 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,205

Property Taxes

$286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 502-504 48th Street, Unit 2

Summary
Location and General Information
  • City: Moline
  • County Or Parish: Rock Island
  • Directions: Corner of 48th Street and 5th Avenue
  • Latitude: 41.510995
  • Longitude: -90.470638
  • MLSArea Minor: QCARA Area
  • Postal Code: 61265
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 08-34-225-001
  • Tax Annual Amount: $3,437
  • Tax Legal Description: OUTLOT 1 MINERAL SPRING PARK E 65.3 FT EXC S 291 FT
  • Tax Year: 2023
School Information
  • High School: Moline
Parking
  • Parking Features: Detached, Other, Parking Pad, Common, Garage Door Opener
Property
Lot Information
  • Structure Type: One Story
  • Building Area Total: 1616.0
  • Lot Features: Corner Lot, Level
  • Lot Size Dimensions: 60 x 141 x 199 x 78
  • Number Of Units Total: 2
  • 100 Year Plain: Yes
Property and Assessments
  • Documents Available: Legal Description
  • New Construction: No
  • Year Built: 1954
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 2
  • Water Sewer Expense: $70
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Egress Window(s), Finished, Full, Sump Pump
  • Cooling: Zoned, Central Air
  • Heating: Heating Systems - 2+, Forced Air, Natural Gas, Gas Water Heater
  • Interior Features: Cable Available, High Speed Internet
  • Laundry Features: Private, Units Hook-Ups
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Heating Units: 2
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Number Of Window Units: 0
  • Operating Recording Device: Audio & Video
Multi Family
Income & Expenses
  • Electric Expense: $90
  • Gross Income: $13,800
  • Gross Scheduled Income: $13,800
  • Insurance Expense: $1,200
  • Maintenance Expense: $7,000
  • Manager Expense: $0
  • Net Operating Income: $1,913
  • Operating Expense: $8,450
  • Advertising Expense: 0
  • Gas Expense: 90
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 2
  • Number Uncovered: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 2
  • Number Parking: 4
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 502-504 48th Street, Unit 2

DateEvent & SourcePriceAppreciation
Jun 5, 2025

Sold

RMLS ALLIANCE #QC4262438

$230,000
May 7, 2025

Pending

RMLS ALLIANCE #QC4262438

Apr 20, 2025

Listed (Active)

RMLS ALLIANCE #QC4262438

$230,000
Apr 19, 2025

Temporarily Off Market

RMLS ALLIANCE #QC4262437

$230,000
DateEvent & SourcePrice
06/05/2025

Sold

RMLS ALLIANCE #QC4262438

$230,000
05/07/2025

Pending

RMLS ALLIANCE #QC4262438

04/20/2025

Listed (Active)

RMLS ALLIANCE #QC4262438

$230,000
04/19/2025

Temporarily Off Market

RMLS ALLIANCE #QC4262437

$230,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 502-504 48th Street, Unit 2

This home is within Moline Usd 40.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Benjamin Franklin Elementary School
PublicK to 5

Woodrow Wilson Middle School
Public6 to 8

Moline Sr High School
Public9 to 12

Moline High School At Coolidge Campus
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of HomeSmart Residential and Commercial Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/20/2025 11:33 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.