Multi Family homes for sale & real estate in Rock Island, IL

Multi Family Home for sale in Rock Island, IA:

Great opportunity to own this income producing side-by-side duplex located in central Davenport, IA close to schools, shopping, dining, parks, recreation, entertainment & more! Both units have been recently updated and one unit is currently rented @ $975/mo the other was just recently vacated. Individual units feature 3 bedrooms, 1 bath, living room, dining room, walk up attic and basement for more space or storage. There is also a covered front porch on each unit. Don't miss your opportunity. .. .book your showing today! Photos are not current & from prior to current tenants.

Multi Family Home for sale in Rock Island, IA:

Turnkey 4 plex, all units occupied! This investment property has a lot of high priced expenses taken care of for you to take over with ease. The roof was just replaced in 2023, water heater 2021, basement waterproofed 2012, siding 2010, windows approx 2003! The two main units were just remodeled last year. The basement offers coin operated laundry for additional cash flow. Cap rate without additional laundry income, approximately 11%, cash flow, ADS approx $16,000, cash flow $2100/year.

Multi Family Home for sale in Rock Island, IA:

Coming Soon 11/21/25. Up/Down Duplex. 3BR/1BA upper & lower. 3 season enclosed front porch on each level. Lower level has brand new carpeting & upper level has hardwood flooring. Floored walk-up attic. 20 x 20 garage/workshop. Laundry hook-ups in basement. Per seller: Roof Replacement '20 House; 60 gal H20. Main level new carpet. Has center a stairway for potential as single family property. Tenant pays Electric & Cooking Gas. Owner pays heat & water. As-is, no repairs. Home warranty negotiable.

Multi Family Home for sale in Rock Island, IA:

12-unit turnkey condo building. This building has always maintained a very strong occupancy rate along with some longer term tenants. This building is located on 2+ acres for future expansion. Property is adjacent to residential area and close to Emeis Park and Golf Course. Assumable 4.150% loan available to qualified buyers with bank approval. Member of owning LLC is a Realtor licensed in Iowa & a listing agent.

Multi Family Home for sale in Rock Island, IL:

This turn key, cash flowing investment opportunity in the heart of Moline, the Wellington Apartments consists of 30 apartment units. This building has a fantastic blend of different sized apartments, consisting of (9) efficiencies, (10) one-bedroom units, (8) two-bedroom units, (2) three-bedroom units, and (1) four-bedroom unit. Local, professional management team can be kept in place or transitioned out at the time of sale.

Multi Family Home for sale in Rock Island, IL:

Owner lives in one until and the tenant in the other until. Requires 24 hour notice on showings. Both units have 3 bedrooms and 2 full baths. Large off street parking slab for at least 4 cars. Rents could be higher.