Decatur, IL Multifamily Homes & Duplexes for Sale

Producing all brick 6 unit building! Each unit is 1 bed 1 bath. Perfect addition to any new or established landlords portfolio, low maintenance with high returns. Unit five has been refreshed and will be vacant and available to show until new tenant takes possession. Call your favorite agent for a showing today!

Jillian Williams Main Place Real Estate

Great opportunity to invest in a low-rise multifamily property footsteps away from the Memorial Hospital campus. Graceland Executive Rentals is an all brick 12-unit property. It is currently operated with a mix of term rentals and fully furnished short-term corporate rentals (STR VRBO AirBNB). Per unit rents range from $1,000 to $2,200 per month. Property totals over 8,800 square feet with

Zane Peterson Main Place Real Estate

Step into history with this enchanting brick duplex located in a prestigious Westside neighborhood in Decatur, IL, surrounded by other stately homes. The lovely front patio sets the stage for welcoming guests and enjoying quiet moments outdoors. This property is perfect for investors looking to expand their portfolios or homeowners seeking a house-hacking opportunity: live in one unit while

Brenda Reynolds Vieweg RE/Better Homes & Gardens Real Estate-Service First

Prime Investment Opportunity - 65-Unit Multifamily Property Near Millikin University Welcome to an exceptional investment opportunity! This 65-unit residential property offers strong income potential, strategically positioned just 1.5 miles from Millikin University. With a current cap rate of 7.71 0/0 and a GRM of 6.95, this asset is priced based on existing income figures-reflecting the low 66

Nate Evans eXp Realty,LLC-Mahomet

INVESTMENT OPPORTUNITY – 14-UNIT MULTIFAMILY PROPERTY | 13% CAP RATE - Located at 1730 N Water Street in Decatur, IL, this fully renovated 14-unit multifamily property presents an exceptional investment opportunity with a strong 13% cap rate. The three-story building consists of 14 one-bedroom, one-bath apartments, each of which has been completely remodeled and updated with new flooring,

Cole Babcock Vieweg RE/Better Homes & Gardens Real Estate-Service First

This well-maintained triplex, located near Millikin University, is perfect for student housing or multi-tenant rental. With a gross income potential of $1,800/month when fully occupied, it’s a strong addition to any investment portfolio. Recent updates include bathroom renovations (2014 & 2015), kitchen upgrades (2013), a new roof (2013), a furnace (2010), electrical improvements (2016), and

Jillian Williams Main Place Real Estate

This all-brick multi-family property, located just minutes from downtown Decatur, offers a prime investment opportunity with steady cash flow. The building features three fully-leased units: two one-bedroom apartments upstairs and a spacious two-bedroom unit on the main floor. With all units currently rented and a low-maintenance exterior, this property is a turnkey income generator. Ideal for

Kristy Frost Glenda Williamson Realty

4-unit building with mostly recently remodeled apartments. This building has been a great income producer for the owner. An extra, nicely landscaped and fenced lot next door provides recreation space for tenants and is included with the parcel. Income and expense information is available upon request. Owner pays utilities, trash service, lawn care, insurance and taxes. Per owner, roof

John Sellers Brinkoetter REALTORS®

Downtown living is in high demand, making it a great investment opportunity to own all four residential loft condo units in the historic 135 E. Prairie building. All 4 units are rented and produce an impressive annual cash-flow return. Each unit offers unique features including cathedral ceilings and exposed brick walls. Historically extremely low vacancy rates. Building has new roof.

Zane Peterson Main Place Real Estate

Discover a prime investment opportunity with this multifamily property located within walking distance of Millikin University. Boasting 18-bedrooms : 16 tenant bedrooms fully furnished with queen and/or twin bed, mattress and dresser. 2 of the bedrooms with full baths used for facility director located on main floor.4.5 tenant bathrooms-all full baths have showers and were remodeled in the

Tonya Feller Vieweg RE/Better Homes & Gardens Real Estate-Service First