Affordable Homeownership or Turnkey Rental!
Looking for an affordable way to own or invest in real estate?
This 2 Bed / 1 Bath single-family home is a great value with a low entry cost and built-in equity potential.
FINANCING MADE SIMPLE:
Down Payment: $1,500
Monthly Total: $795
Principal & Interest: $629
Taxes: $103
Insurance: $63 (Included!)
Fixed Rate: 10.73% (Approx.)
Why This Property is a Win:
Solid structure with great bones
Covered front porch and large windows for natural light
Opportunity to add value with cosmetic updates
Perfect for buy-and-hold, fix & flip, or owner-occupant
In a quiet, developing neighborhood in Decatur
Perfect for:
Buy & hold investors seeking modest monthly cash flow
Buyers who want affordable home ownership with potential to build equity
Rehabbers / flippers who can add cosmetic upgrades
Own for less than rent!
Investors: Strong ROI potential with minor upgrades
House for rent
$795/mo
2648 E Prairie St, Decatur, IL 62521
2beds
980sqft
Price may not include required fees and charges.
Single family residence
Available now
Cats, dogs OK
-- A/C
-- Laundry
-- Parking
-- Heating
What's special
Covered front porch
- 3 days
- on Zillow |
- -- |
- -- |
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Interior area
- Total interior livable area: 980 sqft
Property
Parking
- Details: Contact manager
Details
- Parcel number: 041318151015
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Decatur
Financial & listing details
- Lease term: 1 Month
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2025 | Listed for rent | $795$1/sqft |
Source: Zillow Rentals | ||
| 8/5/2025 | Sold | $12,000-90.4%$12/sqft |
Source: Public Record | ||
| 3/21/2012 | Sold | $125,000+1288.9%$128/sqft |
Source: Public Record | ||
| 4/4/2008 | Sold | $9,000+20%$9/sqft |
Source: Public Record | ||
| 10/17/2007 | Sold | $7,500$8/sqft |
Source: Public Record | ||
