Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
433 days
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309
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4
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Zillow last checked:
Listing updated:
Listed by:
Tonya CrawfordOffice:309-696-7628,
R & R Realty
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1257871Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 5
Heating
Forced Air
Cooling
Zoned, Central Air, Central Air
Appliances
Included: Dryer, Range, Refrigerator, Washer, Water Heater
Laundry: Common Area
Features
Basement: None
Interior area
Total structure area: 6,200
Total interior livable area: 6,200 sqft
Property
Parking
Total spaces: 25
Parking features: Parking Pad
Has uncovered spaces: Yes
Lot
Size: 0.44 Acres
Dimensions: .44
Features: Level
Details
Parcel number: 050522405001
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick Partial, Wood Siding
Foundation: Slab
Roof: Shingle
Condition
New construction: No
Year built: 1979
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Pine Hill
Location
Region: Groveland
Financial & listing details
Price per square foot: $92/sqft
Tax assessed value: $318,510
Annual tax amount: $7,260
Date on market: 5/14/2025
Cumulative days on market: 434 days
Lease term: One Year or Less
Road surface type: Paved
Estimated market value
Zestimate®
$529,100
Estimated sales range
$503,000 - $556,000
Rent Zestimate®
$1,151/mo
Price history
Date
Event
Price
11/20/2025
Price change
$569,000-0.2%$92/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257871Report a problem
11/10/2025
Price change
$570,000-1.7%$92/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257871Report a problem
10/29/2025
Price change
$580,000-1.2%$94/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257871Report a problem
9/17/2025
Price change
$587,000-0.2%$95/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257871Report a problem
8/28/2025
Price change
$588,000-0.2%$95/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257871Report a problem
8/6/2025
Price change
$589,000-0.2%$95/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257871Report a problem
6/20/2025
Price change
$590,000-1.5%$95/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257871Report a problem
5/14/2025
Listed for sale
$599,000+130.4%$97/sqft
Source: RMLS Alliance as distributed by MLS GRID #PA1257871Report 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.