This Urbana duplex is the perfect chance to kickstart your investment journey, expand your portfolio, or enjoy the best of both worlds by living in one unit and renting out the other! Each side features 2 bedrooms and 1 bathroom. The north unit is move-in ready with fresh updates, including new flooring, modern paint, upgraded cabinets, and more. Giving potential for future income growth. Meanwhile, the south unit is occupied by a long-term tenant on a month-to-month lease, currently paying $650 per month. Don't miss out on this versatile opportunity! Sold As-Is
Currently rented through July 2025 this 2 unit duplex offers a fantastic opportunity to add to your investment portfolio! The first unit is a 3 bed, 1 bath and the second is a 1 bed, 1 bath plus a bonus room. Laundry room is shared. Don't miss your chance to own this amazing property!
Welcome to this rare find and low maintenance all brick 2 unit duplex! Good investment or owner occupied property. You could own one side and rent the other side out. Near to bus line, shopping, tennis court and school. North unit is vacant now and South unit is rented to a month to month tenant. Recent updates include new roof in 2024. For the North unit, new paintings, stove and bathroom set in 2024, new windows in 2023, new window AC, kitchen ceiling light and ladder in 2022. For the south unit, new storm door in 2024, new stove, bathroom set and dryer in 2023, new windows, thermostat and garbage disposal in 2022.
You deserve the best...and this two unit house gives you an excellent property to start or add to your investment portfolio... and ITS ALREADY PROVIDING INCOME. The main level unit give you fully updated two bedroom, one bath home that is currently leased through August 2025. The 2nd level offers another one bedroom home, and if leased through June 2025. The hardwood floors throughout, updated windows and new kitchen make this easy to love and easier to maintain for owner and tenant. The large exterior space and two car garage and basement space give you extra storage or bonus living space. The second level one bedroom one bath unit is the perfect amount of space for a single tenant or young couple to call home. The second unit has a separate exterior entrance and in unit laundry that allows you to forget you are sharing.
Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.
The median home value in Urbana, IL is $159,400. This is lower than the county median home value of $177,400. The national median home value is $338,100. The average price of homes sold in Urbana, IL is $159,400. Approximately 29.45% of Urbana homes are owned, compared to 57.77% rented, while 12.79% are vacant. Urbana real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Urbana real estate agent to arrange a tour today!
Urbana, Illinois 61801 has a population of 39,189. Urbana 61801 is less family-centric than the surrounding county with 22.08% of the households containing married families with children. The county average for households married with children is 30.63%.
The median household income in Urbana, Illinois 61801 is $37,701. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Urbana 61801 is 25.2 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.8 inches per year, with 20.7 inches of snow per year.