
Courtesy of: Doug Payne, Southern Illinois Realty, LLC, dougpayne21@yahoo.com
$165,000
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Lot: 0.21 Acres
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Other
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$165,000
111-113 Kansas Avenue High-Yield Investment Package – Brick Duplex + Single-Family Rental | Strong Cash Flow Rare turnkey income opportunity featuring an all-brick duplex and an additional single-family rental, offered as a portfolio package. All units are currently occupied, providing immediate stabilized income with no lease-up risk. The brick duplex delivers durable construction and low maintenance, with each unit offering a living room, dining room, kitchen with appliances, bedroom, bathroom, and full basement with laundry. Tenants enjoy a fenced yard, detached two-car garage, and on-street parking, enhancing retention and rental demand. Located in a nice, established neighborhood with consistent tenant appeal. Investment Highlights: Duplex Cap Rate: 9.21% Single-Family Home Cap Rate: 7.12% Combined Net Income (3 Units): $27, 190 annually Fully occupied – immediate cash flow from day one All interested parties must be pre-approved to view properties. Brick construction and basements = long-term durability and upside Portfolio sale – ideal for buy-and-hold investors This is a high-performing small multifamily + SFR package with proven income and upside potential through rent increases and expense optimization. Must be Sold with MLS 26007548
Courtesy of: Doug Payne, Southern Illinois Realty, LLC, dougpayne21@yahoo.com
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