About This Home
This 5-bedroom, 3-bathroom residential multi family at 1003 NE MONROE Street in Peoria, IL is listed for $129,900. Built in 1900, on a 0.09 acres lot.
Key Features
- Built in 1900
- 0.09 acre lot
Property Details
Investor opportunity in Peoria! This triplex property offers strong income potential and long-term upside. Featuring 5 total bedrooms and 3 bathrooms, the building includes multiple units with spacious layouts and a mix of 1- and 3-bedroom configurations.
The property offers approximately 2,220 square feet and was originally built in 1900, providing classic character with value-add potential. Located in Peoria's North Valley neighborhood, the property sits near local schools, downtown Peoria amenities, and major roadways for convenient access throughout the city.
Currently generating $2,300 per month in rental income, this property presents an opportunity for investors looking to increase rents, improve units, or add to their rental portfolio. Whether you're a seasoned investor or just starting out, this triplex offers the chance to build equity and grow cash flow in an established rental market. Seller pays water, tenants pay gas and electric.
Monthly Cost Estimate
$695/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1003 NE MONROE Street
Peoria, IL 61603
Morton
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 1003 NE MONROE Street is listed at $129,900. The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.09 acre lot. Interior Features: Cable Available, High Speed Internet.
This property is listed by Jamie Herring and can be reached at 3096458294.
