Description
Why Pay Rent When You Can Own. Fully occupied duplex generating approximately $15,600 annually. Live in one apartment & collect rent Estimated NOI $9,300. Approx. 12.4% cap rate at $75,900.Two 2 BR/1BA units Strong rental area. Furnace 4 years old Hot water heater 1 year old. South roof 4 yr old, Back roof 8 yr old. 9 new windws. Hardwood floors. Sold AS-IS Opportunity to increase rents. Improve property by building a 2 car garage. Home sold in "as is" condition This property offers a practical and affordable investment option with a duplex layout, giving buyers the ability to create rental income, house-hack, or add a solid property to their portfolio. . With separate living spaces & strong rental demand, this property is ideal for an investor looking for cash flow and long-term appreciation.The exterior has nice curb appeal, and with the right finishing touches, this duplex can truly shine. Whether you are an experienced investor or purchasing your first income-producing property, this is the kind of opportunity that deserves a closer look. Income-producing asset, Stabilized with upside, Value-add potential.Located in Peoria, near everyday conveniences, schools, shopping, and main travel routes, this property gives tenants accessibility and gives investors potential. IMAGES ARE DIGITALLY ENHANCED FOR PRESENTATION. If you are looking for a duplex with income potential, flexibility, and value, 1823-1825 N Linn Street may be the one. Broker is a Principal to the owner.
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
Description
Why Pay Rent When You Can Own. Fully occupied duplex generating approximately $15,600 annually. Live in one apartment & collect rent Estimated NOI $9,300. Approx. 12.4% cap rate at $75,900.Two 2 BR/1BA units Strong rental area. Furnace 4 years old Hot water heater 1 year old. South roof 4 yr old, Back roof 8 yr old. 9 new windws. Hardwood floors. Sold AS-IS Opportunity to increase rents. Improve property by building a 2 car garage. Home sold in "as is" condition This property offers a practical and affordable investment option with a duplex layout, giving buyers the ability to create rental income, house-hack, or add a solid property to their portfolio. . With separate living spaces & strong rental demand, this property is ideal for an investor looking for cash flow and long-term appreciation.The exterior has nice curb appeal, and with the right finishing touches, this duplex can truly shine. Whether you are an experienced investor or purchasing your first income-producing property, this is the kind of opportunity that deserves a closer look. Income-producing asset, Stabilized with upside, Value-add potential.Located in Peoria, near everyday conveniences, schools, shopping, and main travel routes, this property gives tenants accessibility and gives investors potential. IMAGES ARE DIGITALLY ENHANCED FOR PRESENTATION. If you are looking for a duplex with income potential, flexibility, and value, 1823-1825 N Linn Street may be the one. Broker is a Principal to the owner.
© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-06-16T23:44:49.83.