Looking to add to your investment portfolio? Now is your chance with this 5 Unit rental property in the heart of Columbia, just one block off Historic Main Street behind the Cafe on the Abbey! The house located at 318 S Metter was built in 1895 and has 1716 sq. ft of living space across 3 separate units! 2 main floor units each with 1 bed and 1 bath, and currently rent for $800 each. One Efficiency apartment upstairs brings in $485/mo. Landlord pays water, sewer, trash (approx $200/month) Updates include: Fresh paint, new front porch w/metal roof, new electric panels in 2021 and all 3 units have had updates done. Small storage shed between the properties is shared by all tenants. Duplex on Market Street was built in 1964 and has 1392 sqft. Each side has 2 BR, 1 Bath & full basement, shared staircase but each side has its own private space with washer/dryer hookups. Unit 216 was full updated in 2021 and rents for $$950 and unit 214 rents for $850. Full list of updates/ages upon request. Great place to live in one side & collect rent for the rest of property.
Active
$455,000
214 E Market St, Columbia, IL 62236
7beds
--baths
3,108sqft
Est.:
Multi Family, Apartment
Built in 1964
-- sqft lot
$433,400 Zestimate®
$146/sqft
$-- HOA
What's special
Fresh paintEfficiency apartment
- 13 days
- on Zillow |
- 614 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 07:54am
Listing Provided by:
Mandy McGuire 618-558-1350,
Keller Williams Pinnacle
Source: MARIS,MLS#: 25051261
Originating MLS: Southwestern Illinois Board of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
- Laundry: In Basement
Features
- Basement: Concrete
- Has fireplace: No
Interior area
- Total structure area: 3,108
- Total interior livable area: 3,108 sqft
- Finished area above ground: 3,108
- Finished area below ground: 0
Property
Parking
- Parking features: Concrete, Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Rain Gutters
- Pool features: None
- Fencing: None
- Frontage length: 281'
Lot
- Size: 35 Acres
- Features: Back Yard
Details
- Additional structures: Shed(s)
- Parcel number: 0415367013000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment Style
- Property subtype: Multi Family, Apartment
Materials
- Brick, Vinyl Siding
- Foundation: Combination
- Roof: Architectural Shingle
Condition
- Updated/Remodeled
- Year built: 1964
Utilities & green energy
- Electric: Ameren
- Water: Public
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Subdivision: Christy & Wetzlers Add
HOA
- Has HOA: No
Location
- Region: Columbia
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $316,740
- Annual tax amount: $6,344
- Date on market: 7/28/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Inclusions: Personal Property
- Ownership: Private
- Electric utility on property: Yes
- Road surface type: Asphalt
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