1,690 SqFt
3,484 Lot Size
1920 Year Built

Investment opportunity with income potential! Priced at just $80,000, this turnkey 2-unit multifamily property offers an excellent opportunity to build equity while generating rental income! Each unit features 2 bedrooms and 1 full bathroom, with one unit located on the main floor and the other upstairs. Rents are set at $800 and $850 per month, offering a combined potential rental income of $1,650 per month ($19,800 annually). The back half of the roof was replaced in June 2026. Affordable price, strong income potential, and a great opportunity to expand your investment portfolio!

Listed by Jacquelyn Weisenburger of Happel, Inc., REALTORS

GALLERY

PROPERTY DETAIL

Key Details

Property Type Single Family Home, Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 1, 690 sqft
Price per Sqft $47
MLS Listing ID CA1047183
Year Built 1920
Annual Tax Amount $878
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 23x152
Property Sub-Type Residential Income
Source rmlsa
Location

State IL
County Adams
Area Quincy
Direction North 8th St between Oak and College.
Rooms

Basement Partial
Building

Lot Description Level
Faces North 8th St between Oak and College.
Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":850,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1422103Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":800,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1422103Group_2\"}]
Water Public Sewer, Public
Structure Type Brick
New Construction false