726 Eastern Ave

Greenville, IL 62246
  • $200,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 3,465

    SqFt

About the Listing E180 - HARNN2

If you’re looking for a steady, no-drama investment that’s already pulling its weight, this four-unit property might be your kind of quiet achiever. With all units currently leased to paying tenants and generating $2,450 in monthly income, it’s the kind of place that starts working for you on day one. The building features a practical ground-floor layout with two one-bedroom and two two-bedroom units, all centered around a shared utility room. Each unit is equipped with its own HVAC and water heater, along with separately metered water and electric—keeping expenses streamlined and tenant responsibility clear. Major exterior updates have already been handled, including a newer roof (2016), gutters, buried downspouts, and sidewalks (2021) within the past decade. Inside, the units are modest but consistently rentable, with a solid track record of passing occupancy inspections when required. Set in a quiet, unassuming neighborhood near local schools and the GHS football field, this property doesn’t rely on flash—it delivers on function. For investors, that means reliable occupancy now, with the opportunity to gradually introduce cosmetic updates over time and increase rental income as leases turn over. A straightforward investment with built-in cash flow and upside potential—sometimes the best opportunities are the ones that simply work.

Listing Highlights

Status Active
Days on Site 31
Property Type Multi-Family
MLS ® 26015962
Year Built 1956
Total Square Footage 3,465
Lot/Acreage 0.63
County Bond
Neighborhood Moss Add 04
School District Bond Dist 2
Elementary School Bond Dist 2
Middle School Bond Dist 2
High School Greenville

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances: Oven, Refrigerator
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3465
  • Below Ground Sq Ft: 0
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Corner Lot
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Assigned,Gravel

Financial Details

  • Tax Amount: $3,697
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 05-30-11-119-002
  • Tax Year: 2024

Payment Calculator

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Questions About..

726 Eastern Ave Greenville, IL 62246

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Originating MLS: maris2

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