Updated bathroomCovered carport parkingWasher and dryer hookupsAttractive wood flooring
Opportunities like this don't come around often. This unique investment property features a brick triplex built in 2005 along with a separate single-family home, 1710 Cherry St, all situated on one parcel and currently rented, providing immediate income potential from day one. Located in a desirable area near the junior high school, the property offers convenience for tenants while remaining close to shopping, dining, healthcare, and other community amenities. Each residence includes washer and dryer hookups and benefits from covered carport parking, a feature tenants appreciate and that helps support long-term occupancy. The triplex offers the durability and low-maintenance appeal of brick construction, while the single-family home features an updated bathroom, attractive wood flooring, and additional improvements that enhance tenant appeal and livability. Whether you're looking to expand an existing portfolio or acquire a property with multiple income streams, this investment offers a combination of stable rental income, desirable location, and diverse unit mix. Properties featuring both multi-family and single-family rental opportunities on one tract are increasingly difficult to find. Don't miss your opportunity to own a well-maintained, income-producing property with strong rental demand and long-term investment potential. Schedule your showing today and explore the possibilities this unique property has to offer.
22 days
|
347
|
21
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alysa Bunting618-534-0303,
Indigo Realty LLC
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1267658Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Heating
Electric
Cooling
Central Air
Appliances
Included: Electric Water Heater, Dishwasher, Range, Refrigerator, Water Heater
Laundry: Units Hook-Ups
Features
Basement: Crawl Space,None
Interior area
Total structure area: 3,552
Total interior livable area: 3,552 sqft
Property
Parking
Total spaces: 4
Parking features: Carport, Parking Pad
Has carport: Yes
Has uncovered spaces: Yes
Lot
Size: 0.33 Acres
Dimensions: 75 x 190
Features: Level
Details
Parcel number: 0624101005
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family, Quadruplex
Materials
Brick, Vinyl Siding
Foundation: Block, Slab
Roof: Shingle
Condition
New construction: No
Year built: 2005
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: None
Location
Region: Marion
Financial & listing details
Price per square foot: $84/sqft
Tax assessed value: $249,030
Annual tax amount: $6,421
Date on market: 6/20/2026
Cumulative days on market: 21 days
Tenant pays: Sewer, Water
Road surface type: Paved
Estimated market value
Zestimate®
$291,900
Estimated sales range
$277,000 - $306,000
Rent Zestimate®
$1,339/mo
Price history
Date
Event
Price
7/1/2026
Contingent
$300,000$84/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1267658Report a problem
6/20/2026
Listed for sale
$300,000+757.1%$84/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1267658Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.