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Sold for $177,500
    • $177,500

    1512 Oklahoma Ave, Mattoon, IL 61938

    8beds
    4baths
    3,598sqft
    Duplex, Quadruplex, Multi Family
    Built in 1907
    -- sqft lot
    $214,100 Zestimate®
    $49/sqft
    $985 Estimated rent

    Home value

    $214,100

    $195,000 - $236,000

    $985/mo

    Zestimate® history
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    Rent Zestimate®

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    What's special

    An attractive opportunity for investors, this fully managed multi-family property combines vintage charm with consistent cash flow. Consisting of two 2-story duplexes on a corner lot, providing tenants with comfortable living spaces featuring hardwood floors, large windows, and practical kitchens. This duplex built in 1907 at 1218 S 16th is an upstairs 2 bed 1 bath unit , while 1220 S 16th is a 2 bed, 1 bath ground floor unit. The duplex at 1514 and 1512 Oklahoma was built in 1942. Each are ground-floor units with living room, eating area, and kitchen on the main level, bedrooms and baths are upstairs. Both buildings offer two washer dryer hookups. Located in a residential neighborhood close to downtown amenities. This property provides the convenience of off-street parking and easy access for tenants. Whether you’re seeking to expand your portfolio or invest in a low-maintenance asset, this property delivers both value and potential for growth.

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Hildebrand 217-258-4663,

    Coldwell Banker Classic Real Estate

    Bought with:

    Julie Willingham, 471018711

    Premier Realtors

    Source: CIBR,MLS#: 6243700MLS LogoOriginating MLS: Central Illinois Board Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air, Window Unit(s)
    Appliances
    • Included: Dryer, Dishwasher, Gas Water Heater, Range, Refrigerator, Washer
    Features
    • Windows: Replacement Windows
    • Basement: Unfinished,Full,Sump Pump
    Interior area
    • Total structure area: 3,598
    • Total interior livable area: 3,598 sqft
    • Finished area above ground: 3,598

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Shed
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 50 x 140
    Details
    • Additional structures: Shed(s)
    • Parcel number: 07212772000
    • Zoning: R-1
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Quadruplex, Multi Family
    Materials
    • Brick, Other
    • Foundation: Basement
    • Roof: Shingle
    Condition
    • Year built: 1907

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Noyes 4th Add
    Location
    • Region: Mattoon

    Financial & listing details

    • Price per square foot: $49/sqft
    • Tax assessed value: $156,897
    • Annual tax amount: $4,128
    • Date on market: 8/26/2024
    • Cumulative days on market: 4 days
    • Road surface type: Gravel

    Price history

    DateEventPrice
    5/17/2026Listing removed$950
    Source: Zillow Rentals Report a problem
    5/6/2026Listed for rent$950+18.8%
    Source: Zillow Rentals Report a problem
    9/27/2024Sold$177,500-2.5%$49/sqft
    Source: CIBR #6243700 Report a problem
    8/31/2024Pending sale$182,000$51/sqft
    Source: CIBR #6243700 Report a problem
    8/26/2024Listed for sale$182,000+45.6%$51/sqft
    Source: CIBR #6243700 Report a problem
    7/8/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/26/2024Listed for rent$800
    Source: Zillow Rentals Report a problem
    5/2/2006Sold$125,000$35/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,445 +7.7%$52,299 +12%
    2023$4,128 +2.8%$46,696 +1.7%
    2022$4,016 -0.3%$45,924 +8.9%
    2021$4,027 +1.1%$42,182
    2020$3,984 +1.6%$42,182
    2019$3,922 +2.1%$42,182
    2018$3,839 $42,182
    2017$3,839 +2.2%$42,182
    2016$3,758 -0.7%$42,182 -1.8%
    2015$3,785 $42,965
    2014$3,785 $42,965
    2013$3,785 $42,965
    2010-- $42,965
    2009-- $42,965 -9.6%
    2006-- $47,540
    Find assessor info on the county website

    Neighborhood: 61938

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mattoon Dist. 2

    Source: CIBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

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