Fully occupied duplex generating approxiately $15,600 annually. Estimated NOI $9,300. Approx. 13.67% cap rate at $79,900 Two 2 BR/1BA units Strong rental area. Furnace 4 years old Hot water heater 1 year old. Sold AS-IS Opportunity to increase rents. 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 N Linn Street may be the one. Broker is a Principal to the Seller
Property Type(s):
Multi Family
|
Last Updated
|
4/26/2026
|
Tract
|
Bunns
|
|
Year Built
|
1880
|
Community
|
PAAR Area
|
|
County
|
Peoria
|
SCHOOLS
Price History
|
Prior to Apr 26, '26
|
$85,000 |
| Apr 26, '26 - Today |
$79,900 |
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Range, Refrigerator, Water Heater |
| AREA |
PAAR Area |
| BASEMENT |
Unfinished, Yes |
| CONSTRUCTION |
Other |
| HEAT |
Forced Air |
| HOA DUES |
Monthly |
| LOT |
9148 sq ft |
| LOT DESCRIPTION |
Level |
| LOT DIMENSIONS |
50 X 183 |
| PARKING |
On Street, Parking Pad |
| SEWER |
Public Sewer |
| SUBDIVISION |
Bunns |
| TAXES |
1282.74 |
| WATER |
Public |
Listing provided by Carolyn C Catton, Realty Executives Acclaimed, Mobile: 309-696-0761

Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/1/26 3:45 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS.
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